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Mphasis surges on unveiling 'MUSTS' to upgrade Oracle business applications

Mphasis Ltd. | IT - Software | IT & ITES | BSE: 526299 | NSE: MPHASIS

27 Sep 2013 Evaluate

Mphasis is currently trading at Rs 431.00, up by 3.60 points or 0.84% from its previous closing of Rs 427.40 on the BSE.

The scrip opened at Rs 430.00 and has touched a high and low of Rs 431.10 and Rs 426.90 respectively. So far 275 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 513.00 on 30-May-2013 and a 52 week low of Rs 335.00 on 13-Feb-2013.

Last one week high and low of the scrip stood at Rs 445.00 and Rs 414.10 respectively. The current market cap of the company is Rs 9056.48 crore.

The promoters holding in the company stood at 60.49% while Institutions and Non-Institutions held 30.77% and 8.74% respectively.

Mphasis, a leading IT services provider, has unveiled Mphasis Upgrade and Transformation Services (MUSTS), a proprietary solution for upgrading to the latest versions of the Oracle E-Business Suite and Oracle’s PeopleSoft. This solution is designed to enable organizations to optimize the cycle time for upgrade, MUSTS is easy to deploy, provides cost-effective assessment and capitalizes on Mphasis’ best practices to ensure a virtually seamless implementation without compromising user experience. With Mphasis MUSTS, organizations can easily migrate from Oracle applications including the Oracle E-Business Suite 11i to the Oracle E-Business Suite 12.1 and Oracle’s PeopleSoft 8.0 to PeopleSoft 9.1.

Organizations have a limited window to upgrade to recent versions of these applications softwares and must ensure compliance and minimal downtime during the migration. A comprehensive solution, MUSTS offers bundled tools, assessment questionnaires, evaluation templates and accelerators to understand customer needs, align with their IT strategy and assist them in planning for the future—thereby ensuring a virtually seamless and quick migration. By upgrading to a recent release, customers have access to new features and functionality, thereby extending the value of their investments.

Mphasis is a $1 billion global service provider, delivering technology based solutions to clients across the world. Mphasis services clients in banking and capital markets, insurance, manufacturing, communications, media & entertainment, healthcare & life sciences, transportation and logistics, retail and consumer packaged goods, energy & utilities, and governments around the world.

Mphasis Share Price

2277.05 -54.75 (-2.35%)

23-Apr-2026 16:59 View Price Chart

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Mphasis surges on unveiling 'MUSTS' to upgrade Oracle business applications

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