Mphasis jumps on setting up new centres in Mexico, Costa Rica, Taiwan
Mphasis is currently trading at Rs. 1781.50, up by 16.30 points or 0.92% from its previous closing of Rs. 1765.20 on the BSE.
The scrip opened at Rs. 1786.00 and has touched a high and low of Rs. 1799.00 and Rs. 1754.55 respectively. So far 9129 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1883.20 on 07-May-2021 and a 52 week low of Rs. 805.95 on 19-May-2020.
Last one week high and low of the scrip stood at Rs. 1801.40 and Rs. 1729.15 respectively. The current market cap of the company is Rs. 33301.08 crore.
The promoters holding in the company stood at 56.03%, while Institutions and Non-Institutions held 38.97% and 4.99% respectively.
Mphasis is setting up new centres in Mexico, Costa Rica and Taiwan that will employ over 800 people. The new centres will accommodate over 800 people that will serve existing Hi-tech clients. The services offered out of these centres would be large-scale operations in the areas of application development, support, testing, operations, and financial analysis.
These centres will provide Mphasis with the ability to offer nearshore services to other strategic customers in the said areas as well as in additional functional areas. The Mexico and Costa Rica centres came into existence this February and about 800 jobs will be created in a span of six months at these locations. The creation of these centres solidifies Mphasis' commitment to the region and the Hi-tech industry.
Mphasis is a global service provider, delivering technology based solutions across many sectors.