Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Mphasis slips despite reporting 37% rise in Q2 consolidated net profit

19-Oct2018

Mphasis slips despite reporting 37% rise in Q2 consolidated net profit

Mphasis is currently trading at Rs. 1070.00, down by 53.10 points or 4.73% from its previous closing of Rs. 1123.10 on the BSE.

The scrip opened at Rs. 1107.00 and has touched a high and low of Rs. 1119.90 and Rs. 1063.35 respectively. So far 49198 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1278.00 on 03-Sep-2018 and a 52 week low of Rs. 637.00 on 18-Oct-2017.

Last one week high and low of the scrip stood at Rs. 1143.00 and Rs. 1002.10 respectively. The current market cap of the company is Rs. 20657.84 crore.

The promoters holding in the company stood at 52.34%, while Institutions and Non-Institutions held 37.78% and 9.88% respectively.

Mphasis has reported a rise of 9.42% in its net profit of Rs 188.94 crore for the quarter ended September 30, 2018 as compared to Rs 172.67 crore for the same quarter in the previous year. Total income of the company increased by 6.06% at Rs 885.61 crore for Q2FY19 as compared Rs 834.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 37.05% in its net profit of Rs 270.93 crore for the quarter under review as compared to Rs 197.69 crore for the same quarter in the previous year. Total consolidated income of the company increased by 19.50% at Rs 1,962.43 crore for Q2FY19 as compared Rs 1,642.25 crore for the corresponding quarter previous year.


Related News

View all news

Jet Airways trades higher on the bourses

Jet Airways (India) is currently trading at Rs. 322.95, up by 12.85 points or 4.14% from its previous closing of Rs. 310.10 on the BSE.The scrip opened at Rs. 313.90 and has touched a high and low of Rs.......

Minda Corporation shines on entering into agreements with Furukawa Group of Japan

Minda Corporation is currently trading at Rs. 141.35, up by 10.50 points or 8.02% from its previous closing of Rs. 130.85 on the BSE.The scrip opened at Rs. 136.35 and has touched a high and low of Rs.......

Action Construction trades in green on the bourses

Action Construction Equipment is currently trading at Rs. 90.90, up by 3.10 points or 3.53% from its previous closing of Rs. 87.80 on the BSE.The scrip opened at Rs. 88.50 and has touched a high and low......

Top News

View all news

Megastar Foods planning to incorporate subsidiary

Megastar Foods is planning to incorporate a subsidiary Company. The meeting of the Board of Directors of the company is scheduled to be held on November 27, 2018, to consider the same. Megastar Foods is......

Lupin launches generic Tetrabenazine Tablets

Lupin has launched Tetrabenazine Tablets, 12.5 mg and 25 mg having received an approval from the United States Food and Drug Administration (USFDA) earlier. Lupin's Tetrabenazine Tablets, 12.5 mg and 25......

UPL's arm signs definitive agreement to acquire entire stake of IBC

UPL's wholly owned subsidiary-- UPL Corporation, Mauritius has signed a definitive agreement to acquire directly or through its subsidiaries 100% of the shares of INDUSTRIAS BIOQUIM CENTROAMERICANA, SOCIEDAD......