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Mphasis gains on plan to merge MphasiS FinsourcE with itself

30 Sep 2013 Evaluate

Mphasis is currently trading at Rs. 432.50, up by 4.35 points or 1.02% from its previous closing of Rs. 428.15 on the BSE.

The scrip opened at Rs. 432.50 and has touched a high and low of Rs. 436.00 and Rs. 430.20 respectively. So far 991 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. 442.90 and Rs. 417.70 respectively. The current market cap of the company is Rs. 9,087 crore.

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

Mphasis has received an approval for merger of MphasiS FinsourcE, a wholly owned subsidiary, with the company. The proposal is subject to necessary approvals. The board of director at its meeting held on September 27, 2013 has approved for the same.

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

2214.95 25.10 (1.15%)
08-May-2026 16:59 View Price Chart
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