Mphasis trades higher on acquiring 100% stake in eBECS
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Mphasis is currently trading at Rs. 1897.65, up by 4.35 points or 0.23% from its previous closing of Rs. 1893.30 on the BSE.
The scrip opened at Rs. 1915.00 and has touched a high and low of Rs. 1925.40 and Rs. 1896.00 respectively. So far 8331 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2444.75 on 19-Aug-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. 1925.40 and Rs. 1807.00 respectively. The current market cap of the company is Rs. 35826.47 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 completed acquisition of 100% of the shares in eBECS (a wholly owned subsidiary of DXC UK International Operations) on June 30, 2023, pursuant to fulfillment of the closing conditions.
Earlier, the company’s wholly owned subsidiary -- Mphasis Consulting had signed a definitive agreement to acquire 100% of the shares in eBECS (a wholly owned subsidiary of DXC UK International Operations), subject to fulfilment of closing conditions.
Mphasis is a global service provider, delivering technology-based solutions across many sectors.
