Mphasis shines on launching Mphasis NeoCrux, Mphasis NeoZeta

Mphasis is currently trading at Rs. 2930.00, up by 86.25 points or 3.03% from its previous closing of Rs. 2843.75 on the BSE.

The scrip opened at Rs. 2779.65 and has touched a high and low of Rs. 2941.20 and Rs. 2779.65 respectively. So far 1450 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2966.95 on 23-Jul-2024 and a 52 week low of Rs. 2068.45 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 2966.95 and Rs. 2779.65 respectively. The current market cap of the company is Rs. 53773.17 crore.

The promoters holding in the company stood at 40.35%, while Institutions and Non-Institutions held 54.15% and 5.50% respectively.

Mphasis has launched Mphasis NeoCrux, an industry-first tool designed to improve software engineer’s productivity by streamlining the Software Development Lifecycle with the help of Generative AI (Gen AI) powered Agent Orchestrator. This is one of the first platforms in the market that provides flexibility to engineers to integrate fit-for-purpose AI Agents instead of limiting their access to one AI agent. In addition to NeoCrux, Mphasis also launched the only Gen AI-based Enterprise Modernization Platform in the marketplace, NeoZeta, that offers full transparency into the re-learning process so organizations can modernize mission-critical systems with confidence.

NeoCrux platform supports all critical resources within agile teams to deliver measurable acceleration in Idea2Launch IT Value Stream. The first release is an in-IDE assistant for software engineers, that will be followed by an AI-powered requirement engineering workbench for product owners. NeoCrux platform extends beyond basic agent orchestration; its enterprise edition is fuelled by powerful personalized AI assistance for engineers that learns and adapts to individual engineers’ behaviours.  

Mphasis NeoZeta, is not an AI-powered code converter but an innovative platform that tackles the challenge of enterprise application modernization. The platform unleashes enterprise knowledge hidden in code and other technical artifacts and documents, offering virtually unlimited shelf-life for the software systems developed on NeoZeta. One of the key features of the platform is transparency: NeoZeta design avoids black-box conversions and with the help of open standards and knowledge graph technologies, ensures both humans and AI agents can participate in the modernization journey. 

Mphasis is a global service provider, delivering technology-based solutions across many sectors.