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Name of Company | Mphasis |
BSE Code | 526299 |
NSE Code | MPHASIS |
ICICI Code | |
Established | 2000 |
My Take | Like |
Headquarters | Bangalore |
Promoters | HP (EDS) |
Story | Financial year ends in October. |
Sector | IT |
Sub-sector | BPO, Infrastructure services |
Website | |
Positives | Revenue grew for last 5 years from 300 Cr to 3400 Cr in FY09. Regular dividend – can expect > 0.5%. HP holds more than 60% shares. Holding by LIC, Bajaj Allianz, HDFC life, etc. |
Negatives | |
Peers | |
News | |
Price @ blogged | 580(16-Nov-10) |
Cost of company | 12K Cr market cap for a 836 Cr FY09 and a 126 Cr debt and 1800 Cr reserves. Translates to 15 times. Huge revenue growth and 12-24% NPMs |
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Nov 16, 2010
Mphasis - 526299
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New concerns have arose now that the 2011 Q3 results are out. http://nse-invest.blogspot.com/2011/02/mphasis-scrip-hammered-over-price-cut.html. When corporate governance is in question and with HP having a track record of doing similar things in 2003, people have sold. Now the market cap is 9414 Cr. A punishment market gives for a negative growth when the IT sector is growing at 23%.
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