MPHASIS LTD.
NSE : MPHASISBSE : 526299ISIN
CODE : INE356A01018Industry : IT - SoftwareHouse
: Mphasis - MNC
BSE2293.35-24.95 (-1.08 % )
PREV CLOSE (Rs.) 2318.30
OPEN PRICE (Rs.) 2329.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 4230
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE2291.90 -27.5 (-1.19 % )
PREV CLOSE(Rs.) 2319.40
OPEN PRICE (Rs.) 2334.75
BID PRICE (QTY) 2291.90 (15 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 270305
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 26-Apr-2024 | Mphasis get nod to invest in Mphasis Europe BV, Mphasis Corporation | <p style="text-align: justify;">Mphasis has received approval for investment in the equity share capital of Mphasis Europe BV, a wholly owned subsidiary of the Company, up to $80 million, in addition to extending Corporate Guarantee upto $150 million. This investment will enable Mphasis Europe BV inter alia in repayment of borrowings. The investment will be made by end of June 2024. </p><p style="text-align: justify;">Besides, the company has received approval for investment in common stock of Mphasis Corporation, a wholly owned subsidiary of the company, up to $70 million. This investment will enable Mphasis Corporation inter alia in repayment of borrowings. The investment will be made by end of December 2024.</p><p style="text-align: justify;">The Board of Directors of the Company, at their meeting held on April 25, 2024 have considered and approved the same. </p><p style="text-align: justify;">Mphasis is a global service provider, delivering technology-based solutions across many sectors.</p> |
| 26-Apr-2024 | Mphasis reports marginal fall in Q4 consolidated net profit | <p style="text-align: justify;">Mphasis has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported 20.65% fall in its net profit at Rs 298.27 crore for the quarter under review as compared to Rs 375.91 crore for the same quarter in the previous year. Total income of the company decreased by 5.86% at Rs 2,296.95 crore for Q4FY24 as compared Rs 2,440.03 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 2.98% fall in its net profit at Rs 393.22 crore for fourth quarter ended March 31, 2024 as compared to Rs 405.31 crore for the same quarter in the previous year. However, total income of the company increased by 2.13% at Rs 3,476.23 crore for Q4FY24 as compared Rs 3,403.82 crore for the corresponding quarter previous year. </p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 2.28% rise in its net profit at Rs 1,446.14 crore as compared to Rs 1,413.87 crore for the previous year. However, total income of the company decreased by 3.30% at Rs 9,228.25 crore for year under review as compared to Rs 9,543.13 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 5.07% fall in its net profit at Rs 1,554.82 crore as compared to Rs 1,637.92 crore for the previous year. Total income of the company increased by 3.32% at Rs 13,496.32 crore for year under review as compared to Rs 13,960.10 crore for year ended March 31, 2023.</p><div style="text-align: justify;"><br></div> |
| 26-Apr-2024 | Mphasis informs about presentation for investor | <p style="text-align: justify;">Mphasis has informed that it enclosed a copy of the presentation proposed to be made at the Investor/Analyst call to be held today at 8:30 am (IST) in connection with the results of the Company for the quarter and year ended 31st March 2024. The presentation is also being hosted on the website of the Company at www.mphasis.com.</p><p style="text-align: justify;"> The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div> |
| 26-Apr-2024 | Mphasis soars on getting nod to invest in Mphasis Europe BV, Mphasis Corporation | <p style="text-align: justify;">Mphasis is currently trading at Rs. 2350.45, up by 117.20 points or 5.25% from its previous closing of Rs. 2233.25 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 2237.70 and has touched a high and low of Rs. 2370.70 and Rs. 2237.70 respectively. So far 25530 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2835.00 on 19-Feb-2024 and a 52 week low of Rs. 1,753.00 on 27-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2370.70 and Rs. 2210.00 respectively. The current market cap of the company is Rs. 42281.30 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 55.45%, while Institutions and Non-Institutions held 39.47% and 5.08% respectively.</p><p style="text-align: justify;">Mphasis has received approval for investment in the equity share capital of Mphasis Europe BV, a wholly owned subsidiary of the Company, up to $80 million, in addition to extending Corporate Guarantee upto $150 million. This investment will enable Mphasis Europe BV inter alia in repayment of borrowings. The investment will be made by end of June 2024. </p><p style="text-align: justify;">Besides, the company has received approval for investment in common stock of Mphasis Corporation, a wholly owned subsidiary of the company, up to $70 million. This investment will enable Mphasis Corporation inter alia in repayment of borrowings. The investment will be made by end of December 2024.</p><p style="text-align: justify;">The Board of Directors of the Company, at their meeting held on April 25, 2024 have considered and approved the same. </p><p style="text-align: justify;">Mphasis is a global service provider, delivering technology-based solutions across many sectors.</p><div style="text-align: justify;"><br></div> |
| 15-Apr-2024 | Mphasis signs multi-year global strategic collaboration agreement with Amazon Web Services | <p style="text-align: justify;">Mphasis has signed multi-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). The collaboration marks a significant milestone as Mphasis establishes the Gen AI Foundry, led by Mphasis.AI, a dedicated business unit focusing on artificial intelligence (AI) solutions, AI use case assessments, consulting, and business transformation.</p><p style="text-align: justify;">The Gen AI Foundry will serve as a dynamic platform for modeling industry use cases and developing proof of concepts (POCs) initially within the financial services Industry, with plans to expand across other sectors. This virtual forum will offer clients the opportunity to experience demos and POCs either at the Mphasis Experience Centre in NYC or AWS Executive Briefing Center (EBC) in NYC, providing a showcase of generative AI solutions tailored to the client's needs and objectives.</p><p style="text-align: justify;">With the rise of generative AI as a powerful tool, the Foundry is dedicated to facilitating its adoption in financial services firms, aiding in accelerating efficiencies and fostering business transformation. Solutions such as Intelligent Document Processing (IDP) automates data extraction and analysis, minimizing errors and streamlining workflows, leading to substantial time and cost savings. Additionally, utilizing generative AI for contact center transformation enhances customer engagement and operational efficiency through automated processes and personalized interactions.</p><p style="text-align: justify;">The Gen AI Foundry aligns with Mphasis' vision to fully integrate as a trusted provider to the financial services space, with targeted offerings for banks ranking among the Fortune 100, brokerage, and insurance firms. The use cases will focus on applications critical industry applications, such as generative AI for core platform modernization, contract management for banks, intelligent document processing for new banking accounts, mortgage processing, and in claims processing for insurance carriers, and for investigating financial crime.</p><p style="text-align: justify;">Mphasis is a global service provider, delivering technology-based solutions across many sectors.</p> |
| 15-Apr-2024 | Mphasis inches up on signing multi-year global strategic collaboration agreement with Amazon Web Services | <p style="text-align: justify;">Mphasis is currently trading at Rs. 2445.55, up by 0.40 points or 0.02% from its previous closing of Rs. 2445.15 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 2444.95 and has touched a high and low of Rs. 2456.40 and Rs. 2426.65 respectively. So far 3681 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2835.00 on 19-Feb-2024 and a 52 week low of Rs. 1660.65 on 17-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 2529.95 and Rs. 2411.05 respectively. The current market cap of the company is Rs. 46045.25 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 55.45%, while Institutions and Non-Institutions held 39.47% and 5.08% respectively.</p><p style="text-align: justify;">Mphasis has signed multi-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). The collaboration marks a significant milestone as Mphasis establishes the Gen AI Foundry, led by Mphasis.AI, a dedicated business unit focusing on artificial intelligence (AI) solutions, AI use case assessments, consulting, and business transformation.</p><p style="text-align: justify;">The Gen AI Foundry will serve as a dynamic platform for modeling industry use cases and developing proof of concepts (POCs) initially within the financial services Industry, with plans to expand across other sectors. This virtual forum will offer clients the opportunity to experience demos and POCs either at the Mphasis Experience Centre in NYC or AWS Executive Briefing Center (EBC) in NYC, providing a showcase of generative AI solutions tailored to the client's needs and objectives.</p><p style="text-align: justify;">With the rise of generative AI as a powerful tool, the Foundry is dedicated to facilitating its adoption in financial services firms, aiding in accelerating efficiencies and fostering business transformation. Solutions such as Intelligent Document Processing (IDP) automates data extraction and analysis, minimizing errors and streamlining workflows, leading to substantial time and cost savings. Additionally, utilizing generative AI for contact center transformation enhances customer engagement and operational efficiency through automated processes and personalized interactions.</p><p style="text-align: justify;">The Gen AI Foundry aligns with Mphasis' vision to fully integrate as a trusted provider to the financial services space, with targeted offerings for banks ranking among the Fortune 100, brokerage, and insurance firms. The use cases will focus on applications critical industry applications, such as generative AI for core platform modernization, contract management for banks, intelligent document processing for new banking accounts, mortgage processing, and in claims processing for insurance carriers, and for investigating financial crime.</p><p style="text-align: justify;">Mphasis is a global service provider, delivering technology-based solutions across many sectors.</p> |
| 12-Apr-2024 | Intimation For Grant Of Stock Options | Mphasis Limited has informed the Stock Exchnage regarding the grant of 11,000 options |
| 08-Apr-2024 | Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS | Mphasis Limited has informed the exchange regarding allotment of 2,511 shares. |
| 05-Apr-2024 | Mphasis signs global Strategic Collaboration Agreement with Amazon Web Services | <p style="text-align: justify;">Mphasis has signed multi-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). The collaboration marks a significant milestone as Mphasis establishes the Gen AI Foundry, led by Mphasis.AI, a dedicated business unit focusing on artificial intelligence (AI) solutions, AI use case assessments, consulting, and business transformation. </p><p style="text-align: justify;">The Gen AI Foundry will serve as a dynamic platform for modeling industry use cases and developing proof of concepts (POCs) initially within the financial services Industry, with plans to expand across other sectors. This virtual forum will offer clients the opportunity to experience demos and POCs either at the Mphasis Experience Centre in NYC or AWS Executive Briefing Center (EBC) in NYC, providing a showcase of generative AI solutions tailored to the client's needs and objectives.</p><p style="text-align: justify;">With the rise of generative AI as a powerful tool, the Foundry is dedicated to facilitating its adoption in financial services firms, aiding in accelerating efficiencies and fostering business transformation. Solutions such as Intelligent Document Processing (IDP) automates data extraction and analysis, minimizing errors and streamlining workflows, leading to substantial time and cost savings. Additionally, utilizing generative AI for contact center transformation enhances customer engagement and operational efficiency through automated processes and personalized interactions. </p><p style="text-align: justify;">Mphasis is a global service provider, delivering technology-based solutions across many sectors.</p><div style="text-align: justify;"><br></div> |
| 05-Apr-2024 | Intimation Of Grant Of Stock Options | Mphasis Limited has informed the Stock Exchange regarding the grant of 5000 options |
