Mphasis trades with traction on the bourses

21 Feb 2013 Evaluate

Mphasis is currently trading at Rs. 369.40, up by 0.80 points or 0.22% from its previous closing of Rs. 368.60 on the BSE.

The scrip opened at Rs. 365.15 and has touched a high and low of Rs. 370.45 and Rs. 361.05 respectively. So far 1983 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 439.00 on 29-Feb-2012 and a 52 week low of Rs. 317.00 on 05-Jun-2012.

Last one week high and low of the scrip stood at Rs. 372.70 and Rs. 342.40 respectively. The current market cap of the company is Rs. 7753.03 crore.

The promoters holding in the company stood at 60.50% while Institutions and Non-Institutions held 29.64% and 9.87% respectively.

Mphasis, through one of its wholly owned subsidiary, has completed the acquisition of Digital Risk LLC, a corporate headquartered in Florida, USA on February 11, 2013. Accordingly, Digital Risk LLC and its subsidiaries are the wholly owned subsidiaries of the company.

Last year in December, Mphasis had entered into a definitive agreement to acquire Orlando, Florida, USA based Digital Risk LLC. The acquisition was in all cash deal valued at $175 million with an additional earn-out component.

Digital Risk is one of the largest independent providers of Risk, Compliance and Transaction Management solutions to the United States mortgage market.

Mphasis Share Price

2948.55 -169.40 (-5.43%)
20-Dec-2024 16:59 View Price Chart
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