Mphasis advances on entering into partnership with QEDIT
Date: 24-01-2020Mphasis is currently trading at Rs. 915.00, up by 7.55 points or 0.83% from its previous closing of Rs. 907.45 on the BSE.
The scrip opened at Rs. 912.40 and has touched a high and low of Rs. 921.80 and Rs. 906.25 respectively. So far 814 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1059.70 on 15-Feb-2019 and a 52 week low of Rs. 828.15 on 27-Nov-2019.
Last one week high and low of the scrip stood at Rs. 921.80 and Rs. 878.35 respectively. The current market cap of the company is Rs. 17089.06 crore.
The promoters holding in the company stood at 52.20%, while Institutions and Non-Institutions held 42.45% and 5.36% respectively.
Mphasis has entered into partnership with Israel-based QEDIT to offer privacy-enhancing technology solutions on Blockchain to enterprises. Under this partnership, the two entities will co- innovate and develop ZKP solutions to enable enterprises fight fraud, verify identities, and uphold compliance with local data privacy regulations.
Mphasis is a global service provider, delivering technology based solutions across industries, including Banking & Capital Markets, Insurance, Manufacturing, Media & Entertainment, Telecom, Healthcare, Life Sciences, Travel & Transportation, Hospitality, Retail & Consumer Goods, Energy & Utilities, and Governments around the world.