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Mphasis acquires Theory and Practice Business Intelligence to boost decision intelligence capabilities
Shares of Mphasis Ltd ended at ₹2,421.10, up by ₹5.45, or 0.23%, on the BSE.
Midcap IT stocks see gains of up to 14% led by Firstsource, Sonata Software
Firstsource Solutions led the pack, surging 14% — its biggest single-day gain since December 2020. Coforge rose 4%, while Mphasis advanced 2% during the session.
IT stocks barring Wipro fall up to 4% on renewed AI fears; Here are some recent developments
The Nifty IT index has gained 9% so far this month, with Midcap IT outperforming its largecap peers. Shares of Mphasis, LTIMindtree, Coforge, and Persistent Systems have gained between 12% to 16%, while largecap names like TCS, HCLTech and Wipro have gained between 9% to 10% so far in April.
Nifty IT lags again after sharp fall, but March stability raises hope worst may be priced in
Abhishek Pathak of Motilal Oswal prefers HCLTech and Tech Mahindra among large-cap IT stocks, while highlighting Coforge and Mphasis as attractive midcap picks, citing strong deal visibility, better valuations, and higher agility in adapting to AI-led changes.
Infosys, Persistent, Mphasis shares gain after rupee hits record low; Here's how it benefits them
A weaker rupee is typically supportive for IT companies, given that a large share of their revenue is derived from North America and billed in dollars.
Buy Mphasis; target of Rs 2620: ICICI Securities
ICICI Securities is bullish on Mphasis has recommended buy rating on the stock with a target price of Rs 2620 in its research report dated May 28, 2026.
Buy Mphasis; target of Rs 2620: ICICI Securities
ICICI Securities is bullish on Mphasis has recommended buy rating on the stock with a target price of Rs 2620 in its research report dated May 03, 2026.
Buy Mphasis; target of Rs 3000: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Mphasis has recommended buy rating on the stock with a target price of Rs 3000 in its research report dated May 28, 2026.
Buy Mphasis; target of Rs 3100: Motilal Oswal
Motilal Oswal is bullish on Mphasis has recommended buy rating on the stock with a target price of Rs 3100 in its research report dated April 30, 2026.
Buy Mphasis; target of Rs 3100: Motilal Oswal
Motilal Oswal is bullish on Mphasis recommended buy rating on the stock with a target price of Rs 3100 in its research report dated May 31, 2026.
IT shares extend gains to 3rd day on strong dollar; Coforge, Mphasis, Infosys rise up to 6%
IT index rose about 4 percent during the session and was the top sectoral gainer on the Nifty.
Buy Mphasis; target of Rs 3000: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Mphasis has recommended buy rating on the stock with a target price of Rs 3000 in its research report dated April 30, 2026.