Buy MphasiS, target Rs 950: Manas Jaiswal

INSUBCONTINENT EXCLUSIVE:
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.