Mphasis Faces Continued Decline Amid Broader Market Weakness and Small-Cap Resilience

Mphasis Ltd., a prominent player in the Computers - Software & Consulting industry, has experienced a notable decline of 3.1% on June 2, 2025. The stock underperformed the sector by 1.84%, marking its second consecutive day of losses, with a total decline of 3.36% over this period. Today, Mphasis opened with a gap down of 2.33%, reaching an intraday low of Rs 2392.1, which represents a significant drop of 6.54%.
In terms of moving averages, Mphasis is currently positioned higher than its 50-day moving average but lower than its 5-day, 20-day, 100-day, and 200-day moving averages, indicating mixed short-term performance.

The broader market context shows the Sensex continuing its downward trend, having fallen by 365.34 points to 80,849.08, reflecting a 0.74% decrease. The Sensex has been on a three-week losing streak, down 1.8% during this period. In contrast, small-cap stocks are showing resilience, with the BSE Small Cap index gaining 0.29% today.

Over various time frames, Mphasis has shown a year-to-date decline of 12.88%, while its performance over the last five years stands at an impressive 183.64%, outpacing the Sensex's 139.09% gain.