Mphasis Faces Short-Term Challenges Amid Broader Market Resilience and Mixed Trends

Mphasis Ltd., a prominent player in the IT software sector, has experienced a decline of 3.12% on April 28, 2025, underperforming the broader market. The stock reached an intraday low of Rs 2432.4, reflecting a drop of 3.68% during the trading session. In terms of moving averages, Mphasis is currently positioned above its 5-day, 20-day, and 50-day moving averages, yet it remains below its 100-day and 200-day moving averages, indicating mixed short- to medium-term trends.
In the context of the overall market, the Sensex has shown resilience, climbing 529.31 points to reach 79,872.94, marking a 0.83% increase. The Sensex is trading above its 50-day moving average, although this average is below the 200-day moving average, suggesting a divergence in market momentum.

Over various time frames, Mphasis has shown a mixed performance. While it has gained 6.68% over the past year, it has faced challenges in the short term, with a year-to-date decline of 14.02% and a significant drop of 15.39% over the past three months. In contrast, the stock has performed well over the longer term, with a remarkable 244.05% increase over the past five years.