Mphasis
Nifty may soon touch 15,050, investors must adopt stock-specific approach; 3 stocks to buy
Currently, the momentum is restricted to specific sectors such as pharma, IT and FMCG. Investors must go for a stock specific approach and take an informed decision
Mphasis share price rallies 12%, nears 52-week high on Apr-Jun results, new deal win
Mphasis stock is just inches away from its 52-week high of Rs 1,098.90, hit last week. So far, the stock has rallied nearly 80 per cent from March lows, taking the total market capitalisation of the company to Rs 20,426.99 cr
Mphasis share price hits more than 5-year high, may rise further
Mphasis share price climbed as much as 9.23 per cent on Tuesday and hit their highest level since February 25, 2011.
Blackstone buys Mphasis in $1.1 bn deal
Blackstone, the global private equity giant on Monday, announced that it would be buying Mphasis, the Bengaluru-headquartered IT services player owned by Hewlett Packard Enterprise (HPE) in a deal valued at around $1.1 billio
Mphasis shares end over 2 per cent down after Blackstone deal
For the quarter ended ended December 2015, Mphasis reported a consolidated net profit of Rs 173.64 crore, down 6 per cent against Rs 184.72 crore in the sequential quarter ended September 2015.
Blackstone to buy 60.5% stake in Mphasis for upto Rs 7,071 cr
Blackstone on Monday announced that private equity funds managed by Blackstone have entered into a definitive agreement with Hewlett Packard Enterprise (HPE) to buy 60.5 per cent stake in Mphasis Limited.
Mphasis shares gain over 6% on stake sale reports
Mphasis shares gained as much as 6.44 per cent in the morning trade on Thursday on stake sale reports. According to reports, Blackstone, Apollo are in race with Tech Mahindra to acquire India's Mphasis.
Chennai floods to impact margins by 100-120 bps in Q3: Mphasis
IT firm Mphasis has said its margins will take a hit of up to 120 basis points in the December quarter owing to recent floods in Chennai.
Mphasis shares surge over 13 per cent on Q2 earnings
Shares of IT firm Mphasis surged over 13 per cent after the company posted 15.30 per cent increase in consolidated net profit for the quarter ended September 30.
Mphasis Q2 net jumps 15 pct to Rs 185 crore
Mphasis reported a 15.30 per cent increase in consolidated net profit at Rs 184.72 crore for the quarter ended September 30, 2015.
Mphasis and IIIT- B partner to support incubation of social enterprises
Have signed a MoU wherein IIIT-B would leverage a portion of Mphasis’ CSR funds to support social enterprises
Mphasis to transfer a portion of domestic business to Karvy Data for Rs 2.75 crore
Mphasis said it will transfer a portion of its domestic business to Karvy Data Management Services for Rs 2.75 crore.
