Mphasis surges on launching Mphasis NeoIP
Mphasis is currently trading at Rs. 2889.90, up by 69.50 points or 2.46% from its previous closing of Rs. 2820.40 on the BSE.
The scrip opened at Rs. 2840.05 and has touched a high and low of Rs. 2889.90 and Rs. 2840.00 respectively. So far 7624 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3239.55 on 12-Dec-2024 and a 52 week low of Rs. 2025.05 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 2891.65 and Rs. 2680.75 respectively. The current market cap of the company is Rs. 54609.67 crore.
The promoters holding in the company stood at 40.10%, while Institutions and Non-Institutions held 55.58% and 4.32% respectively.
Mphasis has launched Mphasis NeoIP, a breakthrough Artificial Intelligence (AI) platform, integrating multiple Mphasis.ai innovative solutions, designed for continuous enterprise transformation and differentiating competitive advantage. The platform perpetually rewires core systems, turning enterprise knowledge across legacy systems, data and operations driving intelligent engineering. At the core of NeoIP is this living--breathing layer of connected enterprise understanding, that unifies data, systems, and processes to proactively optimize, modernize, and transform business and IT operations.
NeoIP enables organizations continuously evolve, rather than through one-time transformation programs, by making enterprise knowledge machine understandable. NeoIP automates complex decisions, predicts and prevents issues before they occur and drives sustained innovation. It empowers CIOs and business leaders to shift left, embedding intelligence early in the software and operations lifecycle to create self-healing, resource efficient systems that learn and improve over time. In addition, it integrates evergreen business intelligence with AI-assisted implementation, fostering continuous learning and evolution with every subsequent initiative. The platform creates a connected, data-centric environment where AI and human teams collaborate to plan, build, and manage transformation.
Mphasis is a global service provider, delivering technology based solutions across many sectors.
