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STOCK MARKET

Mphasis Ltd Slips for Fifth Straight Session

equitypandit_Mphasis
Mphasis fall at 4.69 per cent to Rs 2046.35.

On Thursday, the stock of Mphasis Ltd was quoting at Rs 2204.8, down 0.7 per cent on the NSE. The company’s stock had tumbled 19.63 per cent in 2021 compared to 6.4 per cent. Mphasis Ltd is down for a fifth straight session today. The benchmark NIFTY is up around 0.55 per cent on the same day, at 17702.25. The Sensex is at 59398.95, up 0.53 per cent.


Additionally, Mphasis Ltd has around 1.25% in July month of this year. Meanwhile, the Nifty FMCG index, of which Mphasis Ltd is a constituent, has increased by around 5.37 per cent. Currently, the stock is quoting at 28859.85, up 0.11 per cent. The volume of Mphasis Ltd has stood at 2.2 lakh shares.

In August, the futures contract for the stock was quoted at Rs 2206, down 0.79 per cent. Last year, Mphasis Ltd tumbled 19.63 per cent compared to a 6.4 per cent rally in NIFTY and a 15.13 per cent fall in the Nifty FMCG index. The company’s private stock is 33.14 based on TTM earnings ending June 22.

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