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Buy MphasiS, target Rs 950: Manas Jaiswal

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Manas Jaiswal of manasjaiswal.com has a buy call on MphasiS Ltd.

with a target price of Rs 950.

The current market price of MphasiS Ltd.

is Rs 899.2.

Time period given by analyst is Intra Day when MphasiS Ltd.

price can reach the defined target.

Manas Jaiswal recommended to keep stoploss at Rs 875.

MphasiS Ltd., incorporated in 1992, is a midcap company with a market cap of Rs 16736.81 crore. MphasiS Ltd.

key Products/Revenue Segments include Computer Software which contributed Rs 3114.92 Crore to Sales Value (95.11 % of Total Sales) and Other Services which contributed Rs 159.95 Crore to Sales Value (4.88 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 1914.84 Crore, up 5.20 % from last quarter Sales of Rs 1820.22 Crore and up 19.33 % from last year same quarter Sales of Rs 1604.69 Crore Company has reported net profit after tax of Rs 270.92 Crore in latest quarter.

The company’s top management includes Mr.Amit Dalmia, Mr.Amit Dixit, Mr.Dario Zamarian, Mr.David Lawrence Johnson, Mr.Davinder Singh Brar, Mr.Narayanan Kumar, Mr.Nitin Rakesh, Mr.Paul James Upchurch, Ms.Jan Kathleen Hier.

Company has B S R Co.

LLP as its auditoRs As on 31-12-2018, the company has a total of 186,096,553 shares outstanding.




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Category: Stock Market


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