Mphasis rises on launching `Mphasis.ai` business unit
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Mphasis is currently trading at Rs. 1980.65, up by 22.15 points or 1.13% from its previous closing of Rs. 1958.50 on the BSE.
The scrip opened at Rs. 1949.35 and has touched a high and low of Rs. 2022.35 and Rs. 1949.35 respectively. So far 22023 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2700.00 on 03-Jun-2022 and a 52 week low of Rs. 1660.65 on 17-Apr-2023.
Last one week high and low of the scrip stood at Rs. 2022.35 and Rs. 1933.00 respectively. The current market cap of the company is Rs. 37367.28 crore.
The promoters holding in the company stood at 55.63%, while Institutions and Non-Institutions held 38.72% and 5.65% respectively.
Mphasis has launched ‘Mphasis.ai’, a first-of-its-kind business unit, focused on transforming organizations globally by unlocking the potential of Artificial Intelligence (AI) to maximize business outcomes. The business unit seamlessly integrates AI capabilities into existing technology landscapes, enabling organizations to improve customer intimacy and experience and enhance operational efficiency while minimizing disruption.
Mphasis, through this business unit, offers services including Generative AI Advisory, AI App Development, Reinforcement Learning Based Conversation Design, Industry Specific Model Development & Large Language Models (LLMs) Fine-tuning, Prompt Engineering, LLM Application Testing, Factuality Evaluation, and Data Prepping. The transformative power of this business unit is expected to enhance engineering productivity while driving innovation of the Contact Center, IT Operations, Business Operations, and Experience for enterprise clients.
Mphasis is a global service provider, delivering technology-based solutions across many sectors.
