MphasiS Ltd
MPHASIS

603.00

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Turnover (lac)
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Day's Vol.(shares)

603.20

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Accumulate
Reco. Price
Rs 591.00
We recommend ACCUMULATE on the stock on account of good traction in Direct International business. Furthermore, EBITDA margin is expected to improve on the back of higher offshoring. The stock is trading at P/E of 14.3x on FY18E earnings. (Target Price – Rs. 630)
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50 DMA (.)
566.72
100 DMA (.)
547.01
200 DMA (.)
543.66
Weekly Range (.)
587.50
606.00
Monthly Range (.)
568.60
606.00
52 Weeks Range (.)
451.00
624.00
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