Mphasis Ltd.

BSE: 526299 | NSE: MPHASIS
Mid Cap | IT - Software
2725.55
-89.35 (-3.17%)
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Mphasis gains on inking pact with Government of Alberta, University of Calgary

Date: 03-06-2021

Mphasis is currently trading at Rs. 1920.70, up by 12.50 points or 0.66% from its previous closing of Rs. 1908.20 on the BSE.

The scrip opened at Rs. 1931.00 and has touched a high and low of Rs. 1931.00 and Rs. 1908.25 respectively. So far 929 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2008.80 on 27-May-2021 and a 52 week low of Rs. 821.60 on 17-Jun-2020.

Last one week high and low of the scrip stood at Rs. 1994.00 and Rs. 1902.75 respectively. The current market cap of the company is Rs. 35705.14 crore.

The promoters holding in the company stood at 56.03%, while Institutions and Non-Institutions held 38.97% and 4.99% respectively.

Mphasis, Government of Alberta and the University of Calgary (UCalgary) have entered into strategic partnership to spur economic growth and high-quality job creation within the technology sector in Alberta which will create 500 -1000 technology jobs. The partnership also aims to ‘Sparkle Calgary’ by introducing experiential learning programs with Mphasis proprietary platform and to establish Quantum City Centre of Excellence (CoE) to strengthen the UCalgary innovation ecosystem by creating a hub for companies focused on the commercial development of Quantum technologies.

The Quantum Computing lab at UCalgary aligns with Mphasis’ expertise and partnerships in Alberta’s Research and Innovation Framework (ARIF) which covers diverse industries such as Financial Services, Logistics, Energy, Space, Clean Tech, Climate and Environment, Biotech amongst many others. UCalgary, in association with Mphasis, is pursuing the development of an AI-driven personalized learning experience. This capability will be further extended and commercialized for the global education market.

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