Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
906.30
Change Change %
-24.10 -2.59%

Updated:21 Nov, 2018, 12:44 PM IST

BSE
907.85
Change Change %
-17.35 -1.88%

Updated:21 Nov, 2018, 12:47 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
HDFC Securities
N/A
28-07-2017 Buy 597.00 690.00
N/A
Target Hit Long (1Y)
28-07-2018

HDFC Securities maintains buy on Mphasis

HDFC Securities has maintained buy on Mphasis for targe price of Rs 690. It says following  prolonged  stagnation  in growth (-2% revenue CAGR over the last three  to  five years), the company is now expected to touch industry-level growth,  supported  by  its  BFSI competencies (62% of revenue with marquee accounts),  progress/opportunities  in  Blackstone's  (BX)  portfolio,  and growth lever in the HP/DXC channel (earlier a drag at -18% CAGR over two to five  years).

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