NSE:MPHASIS

Nomura Adjusts Mphasis' Price Target to INR2,620 From INR2,630, Keeps at Buy

Mirae Asset Securities Upgrades Mphasis to Buy from Add; Price Target is INR2,690

Mphasis (NSE:MPHASIS, BOM:526299) has an average rating of overweight and mean price target of 2,716.19 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Jefferies Adjusts Mphasis' Price Target to INR2,490 From INR2,450, Keeps at Hold

Mphasis (NSE:MPHASIS, BOM:526299) has an average rating of overweight and mean price target of 2,716.19 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Mphasis Clocks Gains in Fiscal Q4 Consolidated Profit; Shares Up 3%

Mphasis (NSE:MPHASIS, BOM:526299) recorded a rise in its consolidated attributable profit to 5.10 billion Indian rupees in the fiscal fourth quarter ended March 31 from 4.46 billion rupees a year ago.The company's shares were up nearly 3% in Thursday's trade.Earnings per share climbed to 26.68 rupees compared with the year-ago figure of 23.41 rupees, according to a Wednesday filing to the Indian stock exchanges by the technology company.Revenue from operations in fiscal Q4 increased to 42.4 billion rupees from 37.1 billion rupees a year earlier.The board recommended a final dividend of 62 rupees per share for the fiscal year ended March 31.