IGI Logo
Toggle Navigation
News
Hindi
Hindi News
Top News
Screeners
Stocks
Stocks Screener
Stock
News
Stock Market Home Page
Stock News
Industry News
Economy News
Stock on the move
Expert Views
Research Reports
Company Result
Comp Info And Fundamentals
Company Profile
Equity
Financial Ratios
Results
Balance Sheet
Profit And Loss
Cash Flow
Share Holding
Derivatives (F&O)
Get Quotes
Market Watch
Top Gainers
Top Losers
Top Traded Quantity
Top Traded Value
Most Active Puts
Derivatives (F&O)
Most Active Calls
Put Call Ratio
Highest In Premium
Daily Settlement Price
FII and DII Statistics
Open Interest: Highest In OI
Open Interest: Lowest In OI
Derivatives (F&O)
Open Interest: Increase in OI Increase in Price
Open Interest: Decline in OI Decrease in Price
Derivative Watch
Derivatives Dashboard
Historical Data
List of Underlyings & Underlying Info
Derivative Watch
Derivatives Dashboard
Market Reports
Top Gainers
Top Losers
Monthly High/Low
52 Week High
52 Week Low
Market Cap Gainers
Market Cap Losers
PE Ratio
>More Market Reports
IPO
News
IPO News
IPO Issue Reports
Commodity
Commodity Market
Commodity Home Page
Commodity News
Commodity Reports
Market Details
Get Quotes
Top Gainers
Top Losers
Top Volume
Top Value
Top Gainers Spot Market
Top Losers Spot Market
High & Low
Commodity Indices
Technical Analysis
Advance Declines
High & Low
Highest In OI
Lowest OI
Increase In Open Interest(%)
Descrease In Open Interest(%)
Currency
News
Currency News
Economy News
Currency Reports
Mutual Fund
News
Mutual Fund Home Page
Mutual Fund News
Mutual Fund Details
Mutual Fund Home Page
Compare Scheme
Scheme Profile
Mutual fund Investment
Mutual Fund Share Holding
Mutual Fund Statistics
Mutual fund Gainers
Mutual fund Losers
Biggest Schemes
Best Performers
Latest Dividend Details
Tools
Multi Scheme Comparison Tool
Dividend Details
Performance Map
Mutual fund Investment
Mutual fund Share Holding
Mutual Fund Search Category Rankings
Widgets
Stock Widgets
Watchlist
Heatmap
Mutual Fund Widgets
Watchlist
Calculators
EMI Calculator
SIP Calculator
SWP Calculator
GST Calculator
FD Calculator
RD Calculator
Wealth
World
Tips
Intraday Tips
Market Outlook
Stock Tips
Commodity Tips
Currency Tips
Reports
Short Term Investment Opportunities
Long Term Investment Opportunities
Sector Analysis
Commodity Reports
Currency Reports
Mutual Fund Analysis
Podcast
Videos
Videos Category
Business Videos
Budget Videos
News And Politics
Entertainment Videos
Sports Videos
Lifestyle And Fashion Videos
Global News Videos
Calculators
EMI Calculator
SIP Calculator
SWP Calculator
GST Calculator
FD Calculator
RD Calculator
More
Budget 2024
Astrology
Women
Politics
Entertainment
Car&Bike
Gadgets
Lifestyle
Sports
Health
Fashion
Diwali Reports
Diwali Expert Reports
News
Astrology
Beyond Market Car
Beyond Market Entertainment
Beyond Market Fashion
Beyond Market Gadgets
Beyond Market Health
Beyond Market India
Beyond Market Life Style
Beyond Market Sports
Broking Firm Views
Broking Firm Views - Long Term Report
Broking Firm Views - Sector Report
Broking Firm Views - Short Term Report
Budget 2024 Sector Reports
Budget Bites
Budget Economic Servey
Budget Expert Views
Budget Industry
Budget News
Budget Wishlist
Commodities
Commodities Reports
Commodity Top News
Company News
Company Result
Currency News
Currency Report
Currency Top News
Diwali Expert Views
Diwali Market Outlook
Diwali Report
Diwali Technical Report
Economy News
Expert View Institution
Expert Views
Industry News
IPO Analysis
IPO More News
IPO Reports
IPO Top News
Market Outlook
Mutual Fund Analysis
Mutual Fund Expert Views
Mutual Fund More News
Mutual Fund Top News
Podcast - Market Ki Awaaz
Special Event Expert Views
Special Event Reports
Startup
Startup Expections
Startup Speak
Stock Market
Stock On The Move
Top News
Top Stories
Videos
Videos Business
Videos Entertainment
Videos Global News
Videos Lifestyle And Fashion
Videos News And Politics
Videos Sports
Wealth
Women
World Market More News
World Top News
Search
Demand headwinds in BFS (largest vertical) persist, but the same is not reflected in valuations; reiterate SELL We attended Mphasis analyst meet wherein the company outlined its future growth strategies: 1) focus on expanding non-BFS verticals, 2) continuing strategy of proactive large deal wins, and 3) increasing the number of clients with high revenue potential (USD 100mn+ annually). However, our near-term view on the company has not changed, hence we maintain SELL. Our concerns are: 1) ...
Sell Mphasis Ltd For Target Rs.1,727 - ICICI Securities Ltd
Growth to recover in FY25 | Valuation remains full Driving incremental efforts to stimulate growth engines We hosted Mr. Nitin Rakesh (MD & CEO – Mphasis) at our flagship conference, AGIC – 2023. Through his presentation, he touched upon the implications of Generative AI (subset of LLM) on business operations and the cannibalization impact it may pose to the technology service lines. Moreover, we also attended Mphasis (MPHL)’s Analyst Meet recently. The key takeaways ...
Neutral Mphasis Ltd For Target Rs. 2,250 - Motilal Oswal Financial Services
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 ...
Mphasis trades higher on acquiring 100% stake in eBECS
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 a...
Mphasis rises on launching `Mphasis.ai` business unit
About the stock: Mphasis Ltd (Mphasis) offers application services, BPO and infrastructure services, BFSI, technology, communication & logistic services. * The company’s direct revenue increased 19.3% YoY on a reported basis and 12% in CC terms in FY23 * OCF, EBITDA of 75% and double digit return ratio (with RoCE of 20%) Q4FY23 Results: Mphasis reported weak Q4FY23 results. * In CC terms, direct revenue fell 3.4% QoQ and revenue declined 4.5% QoQ * EBIT margins were f...
HOLD Mphasis Ltd For Target Rs.1,950 - ICICI Direct
Result Synopsis Mphasis (MPHL) reported mixed financial performance for the quarter. The sequential revenue growth for the quarter was below estimates; while EBIT margin was inline with expectation. It reported constant currency growth of (4.5)% QoQ, led by Direct segment(down 3.4% QoQ in cc terms). The INR reported growth was (4.1)% QoQ. Direct now contributes 94.6% to revenue; while DXC contribution has fallen to just 3.8% of revenue. EBIT margin was flat at 15.3% and it was able to mai...
Add Mphasis Ltd For Target Rs.2,144 - Yes Securities
Mphasis reported weak operating performance in Q4FY23 with a sharp revenue miss and in-line margin. Gross revenue declined by 4.1% QoQ to USD412mn (-4.5% CC), reflecting continued weakness in DR (mortgage business) and tightening discretionary spending. Management expects the softness to persist in Q1 due to continued weakness in DR, client-specific issues, muted BFS, and delay in commencement of projects amid a challenging macro environment. DR business is expected to bottom out in Q1. Mgmt ...
Add Mphasis Ltd For Target Rs.2,200 - Emkay Global Financial Services
* MPHL’s 4QFY23 performance was weaker than our expectations on account of a continued decline in its mortgage business (DR, down 23% QoQ). Again, other parts of the business were weak, with the DXC vertical down 24.8% QoQ CC and Direct revenue down 3.4% QoQ CC. As a result, overall USD revenue fell 4.5% QoQ CC. The deal TCV moderated, with net new TCV of USD309m (-11% YoY) v/s a record-high TCV of USD401m in 3Q. * While the decline in DR (6.8% of revenue) was steeper than our estima...
Neutral Mphasis Ltd For Target Rs.1,780 - Motilal Oswal Financial Services Ltd
Result Synopsis Mphasis (MPHL) reported mixed financial performance for the quarter. The sequential revenue growth for the quarter was below estimates; while EBIT margin was inline with estimates. It reported constant currency growth of (3.1)% QoQ, led by Logistics and Transportation(up 2.3% QoQ) The INR reported growth was (0.4)% QoQ, supported by depreciation of INR by 3.9% QoQ vs USD. Direct now contributes 93.6% to revenue; while DXC contribution has fallen to just 4.8% of revenue. EBI...
Add Mphasis Ltd For Target Rs.2,337 - Yes Securities
Mortgage pain, client issues continue; strong TCV only solace About the stock: Mphasis Ltd (Mphasis) offers application services, BPO and infrastructure services, BFSI, technology, communication & logistic services. * The company’s direct revenue increased 35.7% YoY on a reported basis and 34.4% in CC terms in FY22 * OCF, EBITDA of 75% and double digit return ratio (with RoCE of 20%) Q3FY23 Results: Mphasis reported weak Q3FY23 results. * In CC terms, direct revenue d...
Hold Mphasis Ltd For Target Rs.2070 - ICICI Direct
Muted performance on seasonality and macro concerns Result Synopsis Mphasis (MPHL) reported mixed financial performance for the quarter. The sequential revenue growth for the quarter was below estimates; while EBIT margin was inline with estimates. It reported constant currency growth of (3.1)% QoQ, led by Logistics and Transportation(up 2.3% QoQ) The INR reported growth was (0.4)% QoQ, supported by depreciation of INR by 3.9% QoQ vs USD. Direct now contributes 93.6% to revenue; while D...
Add Mphasis Ltd For Target Rs.2,337 - Yes Securities
Mphasis Limited TECHNICAL RATIONALE – In line with the recovery in the midcap IT counters, Mphasis too is catching up with the trend. It has witnessed a breakout from a consolidation range of late and also reclaimed the long term moving average i.e. 200 EMA on the daily chart. We thus recommend creating fresh longs in the mentioned range. Buy Mphasis Limited CMP 2260.50; Initiation Range 2250-2260; Stop Loss 2145; Target 2420 To Read Complete Report & Disclaim...
Tech Stars : Buy Mphasis Limited For Target Rs.2420 - Religare Broking
Mphasis Revenue slows on delayed ramp-ups; TCV and margins improve: Buy In Q3, Mphasis undershot peers with its sequentially flattish IT services (82% of revenue). The weakness arose from furloughs and delayed rampups in deals won previously. It did well, however, in its key strengths such as TCV (net new $401m) and client mining (first client moving to the $200m bracket), keeping alive revenue-acceleration hopes. BPM (18% of revenue) reflected weakness in Mortgages (~50% of BPM) though...
Buy Mphasis Ltd For Target Rs.2,820 - Anand Rathi Shares and Stock Brokers
Muted 3Q performance but better deal wins 3QFY23 CC revenue declined 2.5% QoQ, INR EBIT grew 14% YoY, and INR PAT grew 15% YoY Revenue highlights * Revenue of USD429m declined 2.5% QoQ CC USD, missing our estimate of 0.4% growth. * Direct revenue declined 2.8% QoQ CC; DXC revenue grew by 0.8% QoQ CC. * Americas declined 2.9% sequentially. BFS fell 3.5% QoQ, with Insurance/Tech down 3.2%/2.4%. Margin highlights * EBIT margin at 15.3% was below our estimate of 15...
Buy Mphasis Ltd : Muted 3Q performance but better deal wins - Motilal Oswal Financial Services
Near-term pain; Medium-term growth drivers in place * Furloughs, lesser number of working days, deferred spending, and continued weakness in mortgage (uptick in interest rates in the US) would weigh on the sequential revenue growth trajectory in Q3. Management expects Q4 growth to be better than Q3 growth. * Exposure to the interest rate-sensitive portion of the business is in a low single-digit percentage of revenue; hence, the incremental impact will be limited. MPHL has exposure to h...
Buy Mphasis Ltd For Target Rs.2,500 - Emkay Global Financial Services Ltd
Mphasis is currently trading at Rs. 1920.00, up by 20.15 points or 1.06% from its previous closing of Rs. 1899.85 on the BSE. The scrip opened at Rs. 1916.95 and has touched a high and low of Rs. 1927.55 and Rs. 1902.50 respectively. So far 8313 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3476.60 on 03-Jan-2022 and a 52 week low of Rs. 1898.10 on 22-Nov-2022. Last one week high and low of the scrip stood at...
Mphasis rises on the BSE
Weak operating performance Mphasis delivered weaker-than-expected operating performance in Q2FY23. Gross revenue grew by 1% QoQ to USD440.3mn, reflecting continued weakness in mortgage business and impact of furloughs. Management suggested that weakness in mortgage, macro uncertainties weighing on the velocity of decision-making, and softness in select pockets are impacting the company’s growth trajectory. Mphasis added ~9% headcount sequentially in the technology services segment on...
Buy Mphasis Ltd For Target Rs.2,600 - Emkay Global Financial Services Ltd
Deal traction provides good growth visibility Strong growth with stable margins to drive earnings, reiterate BUY * MPHL’s 2QFY23 performance was led by a 2% CC QoQ growth in the Direct business and a 1% QoQ CC growth in DXC. Deal momentum remained intact with a strong net new TCV of USD302m. It also reported two large deal wins (USD110m) in 2QFY23. * MPHL’s Direct business continued to be adversely impacted by the slowdown in its mortgage processing business, due to eleva...
Buy Mphasis Ltd For Target Rs.2,430 - Motilal Oswal Financial Services
Muted sequential growth for the quarter; signs of moderation in demand environment Result Synopsis Mphasis (MPHL) reported mixed financial performance for the quarter. The sequential revenue growth for the quarter was below estimates; while EBIT margin was inline with expectation. It reported constant currency growth of 1.0% QoQ, led by BFS vertical( up 5.7% QoQ) and Logistics and Transportation(up 1.5% QoQ). The INR reported growth of 3.2% QoQ was supported by depreciation of INR by 3....
Add Mphasis Ltd For Target Rs.2,413 - Yes Securities
Good deal traction and stable margins to drive earnings but mortgage slowdown to impact near-term growth adversely ? MPHL’s 1QFY23 performance was led by a 2.4% QoQ growth in CC in the Direct business (v/s estimate of +3.5% QoQ CC), while DXC declined 6.3% QoQ CC (v/s estimate of -3% QoQ CC). Deal momentum was intact with a strong net new TCV of USD302m and an all-time high pipeline (up 6% QoQ). It also reported a large deal win (of USD60m) in Jul’22. ? MPHL’s Direc...
Buy Mphasis Ltd For Target Rs.2,600 - Motilal Oswal Financial Services
Direct growth moderates; margins resilient Mphasis’s 1QFY23 report suggest growth moderation in the Direct Business (2.4% QoQ c/c) resulting in a modest 2% QoQ c/c growth, lower than expectations. However margins surprised positively with 10 bps QoQ improvement aided by revenue mix, pricing benefits and optimisation on subcontractors. Net new Order bookings at USD 302 mn were decent with company suggesting growth acceleration through the rest of FY23 along with ‘positive margin...
Buy Mphasis Ltd Target Price 2,600- JM Financial Institutional Securities
In-line operating performance * Mphasis delivered in-line operating performance in Q1. Gross revenue grew by 1.2% QoQ to USD435.9mn, reflecting some growth moderation due to the weakness in the mortgage and Europe businesses, though it came in broadly in line with our expectations. EBITM expanded by 10bps QoQ to 15.3%, 10bps above our estimate. * Direct segment revenues grew 5.0% QoQ (2.4% CC) to Rs31.7bn. Broad-based demand, healthy new-deal wins (USD302mn in Q1) and a robust deal pipe...
Buy Mphasis Ltd For Target Rs.2,800 - Emkay Global Financial Services Ltd
* Broad-based success in ramping up top clients: Mphasis remains unique in its ability to scale up revenue from the top clients as compared to peers. The company boasts of three USD 150mn+ p.a. clients with four of the top 5 clients each being a USD 100mn+ p.a. revenue account as compared to similar sized peers like LTI (1USD 100mn+ account for several years) and MTCL (has derived significant success with scaling up the top client to USD 350mn+ in revenue, but that remains its lone USD 50mn+ ...
Mphasis Buy Target Price 2,600- JM Financial Institutional Securities Ltd
Inline financial performance with stable operating margin Our view Overall, the revenue and EBIT margin for the quarter was broadly inline. The Direct segment forming 93.5% of revenue has been driving the revenue growth, while DXC segment revenue continues to decline and contributes just 4.8% to revenue. Deal booking remains robust which provides strong revenue growth visibility. Certain costs related to travel and admin have started coming back as IT companies switch to hybrid mode of ...
Add Mphasis Ltd For Target Rs.2,516 - Yes Securities
The company reported standalone net profit of Rs 332.97 crore for the quarter ended June 30, 2022 as compared to Rs 307.64 crore in the same period last year, registering a year-on-year growth of 8.23 per cent. Net revenue of the company rose substantially by 38.71 per cent at Rs 2,223.40 crore in April-June quarter of this fiscal as against Rs 1,602.95 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 47.52 per cent to Rs 1,741.48 cror...
MphasiS Q1 net profit up 8.23% at Rs 332.97 cr
Mphasis is currently trading at Rs. 2530.55, up by 24.90 points or 0.99% from its previous closing of Rs. 2505.65 on the BSE. The scrip opened at Rs. 2485.90 and has touched a high and low of Rs. 2552.55 and Rs. 2485.90 respectively. So far 5564 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3659.75 on 19-Oct-2021 and a 52 week low of Rs. 1912.00 on 09-Jun-2021. Last one week high and low of the scrip stood at...
Mphasis rises on the bourses
Technical Observations * The IT index after the last five months corrective decline is seen rebounding from near the key support area thus provides favourable risk reward set up for most of the IT stocks. One of the preferred pick within the IT space is Mphasis which we expect to outperform * The stock has generated a breakout above the falling channel containing last two months decline signaling pullback is expected from extreme oversold territory thus offers fresh entry opportuni...
Stock Picks - Buy Mphasis Ltd For Target Of Rs. 2730 - ICICI Direct
Mphasis is currently trading at Rs. 2657.65, up by 17.95 points or 0.68% from its previous closing of Rs. 2639.70 on the BSE. The scrip opened at Rs. 2635.00 and has touched a high and low of Rs. 2677.90 and Rs. 2612.30 respectively. So far 10129 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3659.75 on 19-Oct-2021 and a 52 week low of Rs. 1729.15 on 17-May-2021. Last one week high and low of the scrip stood a...
Mphasis gains on partnering with Securonix
Robust performance in the Direct segment Our view Overall, the revenue growth was above expectation, while the EBITDA margin was broadly inline. Now, the Direct segment has been powering the growth of the company, while DXC segment revenue has become insignificant and expected to stabilize at mid single digit of revenue contribution. Deal booking remains robust which provides strong revenue growth visibility. We maintain ADD Rating on the stock with revised target price of Rs 3,448/shar...
Add Mphasis Ltd For Target Rs.3,448 - Yes Securities
Order book continues to be strong… About the stock: Mpahsis Ltd (Mphasis) offers application services, BPO and infrastructure services BFSI, Technology, communication & logistic services. * The company’s direct international revenues have grown 22.5% YoY in FY21 and is expected to grow at a healthy pace in coming years * OCF, EBITDA of 75% and double digit return ratio (with RoCE of 20%) Q3FY22 Results: Mphasis reported strong Q3FY22 results. * Dollar...
Buy Mphasis Ltd For Target Rs.3550 - ICICI Direct
Mphasis is currently trading at Rs. 3130.45, up by 76.20 points or 2.49% from its previous closing of Rs. 3054.25 on the BSE. The scrip opened at Rs. 3049.50 and has touched a high and low of Rs. 3200.00 and Rs. 2920.05 respectively. So far 32355 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3659.75 on 19-Oct-2021 and a 52 week low of Rs. 1399.30 on 24-Feb-2021. Last one week high and low of the scrip stood a...
Mphasis surges on entering into partnership with CrossTower
Mphasis is currently trading at Rs. 3196.15, up by 9.75 points or 0.31% from its previous closing of Rs. 3186.40 on the BSE. The scrip opened at Rs. 3245.00 and has touched a high and low of Rs. 3290.00 and Rs. 3183.00 respectively. So far 11684 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3659.75 on 19-Oct-2021 and a 52 week low of Rs. 1399.30 on 24-Feb-2021. Last one week high and low of the scrip stood at...
Mphasis gains on signing business venture agreement with Ardonagh
State Bank of India Buy State Bank of India Ltd @ 486.00-488.00 CMP 486.75 TGT 496.00 SL 482.30 Mphasis Buy Mphasis Ltd @ 3213.00-3218.00 CMP 3214.80 TGT 3270.00 SL 3187.80 To Read Complete Report & Disclaimer Click Here https://secure.icicidirect.com/Content/StaticData/Disclaimer.html Views express by all participants are for information & acad...
Stock Picks - State Bank of India Ltd and Mphasis Ltd By ICICI Direct
Mphasis Buy Mphasis Ltd @ 3208.00-3214.00 CMP 3236.15 TGT 3266.00 SL 3181.70 Bandhan Bank Sell Bandhan Bank Ltd @ 282.50-283.50 CMP 283.50 TGT 277.50 SL 285.90 To Read Complete Report & Disclaimer Click Here https://secure.icicidirect.com/Content/StaticData/Disclaimer.html Views express by all participants are for information & academic purp...
Stock Picks - Mphasis Ltd and Bandhan Bank Ltd By ICICI Direct
Margins impacted by one-off acquisition related cost About the stock: Mpahsis Ltd (Mphasis) offers application services, BPO and infrastructure services BFSI, Technology, communication & logistic services. * The company’s direct international revenues have grown at 22.5% YoY in FY21 and is expected to grow at healthy pace in coming years * OCF/EBITDA of 75% and double digit return ratio (with RoCE of 20%) Q2FY22 Results: Mphasis reported muted Q2FY22 results on...
Hold Mphasis Ltd For Target Rs.3420 - ICICI Direct
Topline beat led by the direct channel, margin in line In USD terms, revenue grew 18% YoY above our estimate of 16% growth in 2QFY22. Adjusted EBIT (excluding a M&A charge) rose 15% YoY (est. 13%) and APAT grew 19% (est. 19%). P&L highlights * Revenue grew 6.1% QoQ to USD385m, above our estimate of 4.8%. In CC terms, revenue growth stood at 6.6% QoQ and 17.2% YoY. * EBIT margin (adjusted for a M&A charge) dipped 10bp QoQ to 15.8%, in line with our estimate of 15.8%. Repor...
Update On Mphasis By Motilal Oswal
Strong show in the Direct segment of the company Our view Overall, the revenue growth was strong, while the margin came below expectation. Now, the Direct segment has been powering the growth of the company, while DXC segment revenue has become insignificant and likely to stabilize at mid single digit of revenue contribution. We expect revenue to grow at CAGR of 16.9% over FY22E‐ FY24E with average EBIT margin of 17.2%. We maintain ADD on the stock with revised target price of Rs 3,550/...
Add Mphasis Ltd For Target Rs.3,550 - Yes Securities
Blink UX to strengthen experience offerings and Hi-Tech business * Mphasis has acquired Blink UX, a US-based user experience research, strategy, and design firm, for a cash consideration of up to USD94mn (~2.7x EV/Sales on a CY21E basis), including earn-outs. Blink UX works with some of the world’s leading enterprises to create transformative digital products, brands, and experiences. * Deal rationale: The acquisition of Blink will boost Mphasis’s experience competencies wi...
Buy Mphasis Ltd For Target Rs.2,900 - Emkay Global
Blink acquisition to expand Mphasis’ UX capabilities Mphasis has acquired Blink Interactive, a Seattle-based user experience research and design firm. Blink operates in the high growth CX/UX segment and works with marquee clients in the US. The purchase consideration stands at USD94m, along with talent retention cost over the next two years. Acquisition is margin dilutive by 100bp due to higher amortization and retention cost. Around 2.8x CY21 revenue, valuations are reasonable, give...
Buy Mphasis Ltd For Target Rs.3,560 - Motilal Oswal
Titan Buy Titan Company Ltd @ 1877.00-1881.00 CMP 1877.15 TGT 1910.00 SL 1862.80 Mphasis Sell Mphasis Ltd @ 2860.00-2865.00 CMP 2858.00 TGT 2907.00 SL 2840.90 To Read Complete Report & Disclaimer Click Here https://secure.icicidirect.com/Content/StaticData/Disclaimer.html Views express by all participants are for information & academic purpo...
Stock Picks - Titan Company Ltd and Mphasis Ltd By ICICI Direct
Exceptional performance in Direct business Diminishing DXC impact a positive * Mphasis (MPHL)’s 1QFY22 performance was led by 9.8% CC QoQ growth in the Direct business, while the DXC vertical (<10% of revenues now) declined once again (-18.1% QoQ CC). The EBIT margin remained stable (-20bp QoQ), as increased hiring was compensated by lower SG&A costs. It reported the highest ever TCV of USD505m in 1QFY22 (including USD250m announced on the 1QFY22 call). * With the MPHL m...
Buy Mphasis Ltd For Target Rs.2,770 - Motilal Oswal
Tata Motors Buy Tata Motors Ltd @ 307.00-308.00 CMP 307.25 TGT 313.50 SL 304.40 Mphasis Buy Mphasis Ltd @ 2763.00-2768.00 CMP 2765.45 TGT 2812.00 SL 2741.20 To Read Complete Report & Disclaimer Click Here https://secure.icicidirect.com/Content/StaticData/Disclaimer.html Views express by all participants are for information & academic purpose only...
Stock Picks - Tata Motors Ltd and Mphasis Ltd By ICICI Direct
Mphasis Buy Mphasis Ltd @ 2584.00-2588.00 CMP 2586.80 TGT 2625.00 SL 2564.70 Bajaj Finance Buy Bajaj Finance Ltd @ 6172.00-6178.00 CMP 6172.50 TGT 6274.00 SL 6123.70 To Read Complete Report & Disclaimer Click Here https://secure.icicidirect.com/Content/StaticData/Disclaimer.html Views express by all participants are for information & academic pur...
Stock Picks - Mphasis Ltd and Bajaj Finance Ltd By ICICI Direct
Our view It showed strong performance in the quarter with revenue above estimate and EBIT margin along the expectation. Direct segment continues to power the revenue growth as deal booking remains strong and offers strong revenue growth visibility. The contribution from DXC segment would continue to decline and expected to settle at mid to high single digit revenue contribution. Margin pressure likely to increase with higher attrition going ahead. The valuation remains stretched as it trad...
Add Mphasis Ltd For Target Rs. 2,850 - Yes Securities
Below is quote on Mphasis Q1FY22 results by Mr. Jyoti Roy - DVP- Equity Strategist, Angel Broking Ltd Mphasis reported a 6.1% qoq growth in revenues to USD 363mn which was ahead of expectations. In rupee terms revenue grew by 6.6% qoq to ₹2,690.8 crore while gross profits declined by 2.6% qoq to Rs. 716.6 crore due to increase in manpower costs. Operating profit for the quarter was up by 5.3% qoq due to tight control in SG&A expenses. Net prof...
Quote on Mphasis Q1FY22 results by Mr. Jyoti Roy, Angel Broking Ltd
Mphasis Buy Mphasis Ltd @ 2358.00-2364.00 CMP 2390.80 TGT 2407.00 SL 2336.40 ONGC Buy Oil and Natural Gas Corporation Ltd @ 116.00-117.00 CMP 116.80 TGT 115.20 SL 117.80 To Read Complete Report & Disclaimer Click Here https://secure.icicidirect.com/Content/StaticData/Disclaimer.html Views express by all participants are for information &am...
Stock Picks - Mphasis Ltd and Oil and Natural Gas Corporation Ltd By ICICI Direct
Derivative Ideas MPHASIS FUTS added around 6% in open interest as LONG buildup was seen in it. Current chart pattern also indicates further up move in its price. We suggest buying in MPHASIS in cash as per below levels. Strategy:- BUY MPHASIS BETWEEN 2370-2380 STOPLOSS 2340 TARGET 2480. To Read Complete Report & Disclaimer Click Here Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330 ...
Buy Mphasis Ltd Target Rs. 2480 - Religare Broking
Mphasis Buy Mphasis Ltd @ 2085.00-2090.00 CMP 2087.40 TGT 2123.00 SL 2067.20 Dabur India Buy Dabur India Ltd @ 567.00-569.00 CMP 568.75 TGT 578.50 SL 562.30 To Read Complete Report & Disclaimer Click Here https://secure.icicidirect.com/Content/StaticData/Disclaimer.html Views express by all participants are for information & acade...
Stock Picks - Mphasis Ltd and Dabur India Ltd By ICICI Direct
Load More