Mphasis Ltd. Sees Active Trading Amid Declining Investor Participation and Strong Liquidity

Mphasis Ltd., a prominent player in the Computers - Software & Consulting industry, has emerged as one of the most active equities today, with a total traded volume of 439,662 shares and a total traded value of approximately Rs 12,948.84 lakhs. The stock opened at Rs 2,900.0 and reached a day high of Rs 2,965.0, reflecting a notable intraday increase of 3.69%. As of the latest update, the last traded price stands at Rs 2,961.9.
In terms of performance, Mphasis has outperformed its sector by 1.17%, while the broader IT - Software sector has gained 2.27%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price movement. However, it is worth noting that investor participation has seen a decline, with delivery volume dropping by 37.36% compared to the 5-day average.

With a market capitalization of Rs 56,257.49 crore, Mphasis continues to demonstrate robust liquidity, suitable for trades up to Rs 1.94 crore based on 2% of the 5-day average traded value. Overall, Mphasis Ltd. showcases a solid performance in today's trading session, reflecting its strong market position within the mid-cap segment.