Mphasis Ltd. Stock Outperforms Sector with 3.38% Increase on August 9th, 2024
On August 9th, 2024, Mphasis Ltd., a largecap IT software company, saw a 3.38% increase in its stock price, outperforming the sector by 1.16%. The stock is currently trading higher than its moving averages and has a 'Hold' recommendation from MarketsMojo based on its strong performance and market presence.
Mphasis Ltd., a largecap IT software company, saw a 3.38% increase in its stock price on August 9th, 2024. This outperformed the sector by 1.16%, with the stock reaching an intraday high of Rs 2752.95, a 4.07% increase. The stock is currently trading higher than its 50, 100, and 200 day moving averages, but lower than its 5 and 20 day moving averages.
According to MarketsMOJO, a leading financial analysis platform, the stock call for Mphasis Ltd. is 'Hold'. This recommendation is based on the stock's performance today, which has outperformed the sector, and its 1 month performance, which has seen a 5.18% increase compared to the Sensex's -0.57% performance.
Mphasis Ltd. is a major player in the IT software industry, catering to a wide range of clients with its innovative solutions and services. With its consistent performance and strong market presence, the company has been able to maintain a stable stock price and attract investors. However, it is important to note that this article is based on factual information and does not include any future potential, investor interest, or expert opinions.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
