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ICICI Securities is bearish on Mphasis has recommended sell rating on the stock with a target price of Rs 1950 in its research report dated April 27, 2024.

Sell Mphasis; target of Rs 1950: ICICI Securities

Looking ahead, immediate resistance levels for Nifty are identified at 22,300, representing a pivotal level on higher time frames, with further resistance at 22,500. Crucial support levels are noted at 21,900 and 21,800.

Hot Stocks: Pick Colgate Palmolive, HEG, Mphasis for 16-20% return in short term

Mphasis Ltd. engages in the provision of application development and maintenance services, infrastructure outsourcing, and business and knowledge process outsourcing solutions. It operates through the following segments: Banking and Financial Services, Logistics and Transformation, Technology Media and Telecom, Insurance, and Others. The company was founded in June 2000 and is headquartered in Bangalore, India.

Mphasis Ltd

Volume	230,657.00
52-Wk High	2,837.60
52-Wk Low	1,807.60

MPHASIS.NSE Mphasis Ltd

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