My Application Form StatusCheck the status of your application form with Angel Broking.
Mphasis has been the best performing IT Services company in the recent past due to the strong pipeline from HP-EDS. Going ahead, we believe the ongoing recovery in the IT demand environment and sustained deal flows from parent HP (accounts for 71% of Mphasis Total Revenues) would induce the next leg of growth for Mphasis, marking its entry into the big league of the Indian IT Services Industry. At Rs668, the stock is trading at attractive valuations of 12.2x FY2011E EPS. Hence, we Initiate Coverage on the stock, with a Buy recommendation.Download Full Report
|MCAP BSE (Rs in Cr)||10,867.40|
|MCAP NSE (Rs in Cr)||10,904.21|
|Div Yield (%)||3.87|
Shareholding Pattern (%)
|Public & Others||4.0|