MoneyWorks4Me

Mphasis surges on entering into partnership with Upswot

23 Sep 2020 Evaluate

Mphasis is currently trading at Rs. 1390.35, up by 18.00 points or 1.31% from its previous closing of Rs. 1372.35 on the BSE.

The scrip opened at Rs. 1386.90 and has touched a high and low of Rs. 1418.00 and Rs. 1375.40 respectively. So far 10013 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,418.00 on 23-Sep-2020 and a 52 week low of Rs. 612.05 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1418.00 and Rs. 1275.00 respectively. The current market cap of the company is Rs. 25679.10 crore.

The promoters holding in the company stood at 56.18%, while Institutions and Non-Institutions held 37.86% and 5.96% respectively.

Mphasis has entered into a strategic partnership with US-based fintech startup Upswot. The partnership would focus on creating a joint solution offering to help US-based regional and global banks increase revenue and provide insight-driven services to their SMB and mid-market customers.

Mphasis is a global service provider, delivering technology based solutions across many sectors.

Peers
Company Name CMP
TCS 2108.35
Infosys 1019.50
HCL Technologies 1200.00
Wipro 162.20
Tech Mahindra 1538.40
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