−24% from the high · +12% from the low
Short covering into a 26-day expiry: futures OI −0.7% on a +4.5% day, the most call OI sits at 2,300, the most put OI at 2,100, max pain 2,250.
MPHASIS futures closed at ₹2,265.20, +0.7% to spot, with 99% of open interest in the 27 Oct contract, and the 2,250 straddle prices a move of about ±7.6% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹2,265.20 | +15.00+0.7% | +9.4% | 21,000▼ −0.7% · −150 lots | 99 | 4,500 |
| 23 Nov53 days | ₹2,275.80 | +25.60+1.1% | +7.8% | 120▲ +1.7% · +2.0 lots | 0.55 | 120 |
| 29 Dec89 days | ₹2,208.50 | −41.70−1.9% | −7.6% | 1.00.0% · 0.00 lots | 0.00 | 0.00 |
0.56% of futures OI sits beyond the 27 Oct contract · 26 of 38 listed contracts traded · 25,000 option contracts changed hands
The 2,250 straddle closed at ₹170.70 (call 92.30 + put 78.40), pricing a move of about ±7.6% by the 27 Oct expiry. In the last 253 windows of 19 sessions, MPHASIS moved more than that 72 times.
After the last 8 bulletins, MPHASIS closed higher five sessions later in 5 of 8.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 8 JulMphasis schedules Q1 earnings call for July 24 | ▼ −5.6%Nifty −2.1% · −3.5 pp | ▼ −4.8%Nifty −1.8% · −3.0 pp | ▼ −1.5%Nifty −1.3% · −0.2 pp | ▼ −0.3%long unwinding |
| 4 JulNifty IT rises 2% as jobs data eases Fed hike concerns | ▲ +0.5%Nifty +0.7% · −0.2 pp | ▲ +3.4%Nifty +0.5% · +2.9 pp | ▲ +4.1%Nifty −0.3% · +4.3 pp | ▲ +1.3%long build-up |
| 4 JulNifty IT rises 2% as Fed hike bets fade | ▲ +0.5%Nifty +0.7% · −0.2 pp | ▲ +3.4%Nifty +0.5% · +2.9 pp | ▲ +4.1%Nifty −0.3% · +4.3 pp | ▲ +1.3%long build-up |
| 21 MayBlackstone pledges Mphasis shares to raise $700 million | 0.0%Nifty 0.0% · 0.0 pp | ▼ −0.3%Nifty +0.3% · −0.5 pp | ▲ +1.9%Nifty −0.5% · +2.4 pp | ▼ −5.2%long unwinding |
| 20 MayBlackstone pledges Mphasis stake to raise $700 million | 0.0%Nifty 0.0% · 0.0 pp | ▼ −0.3%Nifty +0.3% · −0.5 pp | ▲ +1.9%Nifty −0.5% · +2.4 pp | ▼ −5.2%long unwinding |
| 19 MayTech stocks rally 8% amid macroeconomic concerns | ▲ +0.3%Nifty +0.2% · +0.2 pp | ▲ +0.3%Nifty +0.2% · +0.2 pp | ▲ +0.6%Nifty +1.2% · −0.7 pp | ▲ +5.8%long build-up |
| 2 MayMphasis reports 14.4% revenue growth and ₹62 dividend | 0.0%Nifty +0.5% · −0.5 pp | ▼ −2.9%Nifty +0.1% · −3.1 pp | ▼ −3.3%Nifty −0.8% · −2.6 pp | ▼ −0.7%long unwinding |
| 1 MayMphasis reports 14.4% revenue growth in Q4 FY26 | 0.0%Nifty +0.5% · −0.5 pp | ▼ −2.9%Nifty +0.1% · −3.1 pp | ▼ −3.3%Nifty −0.8% · −2.6 pp | ▼ −0.7%long unwinding |
Revenue ₹4,384 cr, +17% on a year earlier; profit ₹490 cr, +11% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 23 Jul · audited | ₹4,384 cr | ▲ +17% | ₹490 cr | ▲ +11% | 25.61 | ▲ +2.5%Nifty −0.4% · +2.9 pp |
| Mar 2026filed 29 Apr · audited | ₹4,243 cr | ▲ +14% | ₹510 cr | ▲ +14% | 26.68 | ▲ +1.2%Nifty −0.7% · +1.9 pp |
| Dec 2025filed 22 Jan · audited | ₹4,003 cr | ▲ +12% | ₹442 cr | ▲ +3.4% | 23.13 | ▼ −2.0%Nifty −0.9% · −1.1 pp |
| Sept 2025filed 31 Oct · audited | ₹3,902 cr | ▲ +10% | ₹469 cr | ▲ +11% | 24.54 | ▼ −4.5%Nifty −0.6% · −3.9 pp |
| Jun 2025filed 24 Jul · audited | ₹3,732 cr | ▲ +9.1% | ₹442 cr | ▲ +9.2% | 23.14 | ▼ −1.1%Nifty −0.9% · −0.2 pp |
| Mar 2025filed 6 May · audited | ₹3,710 cr | ▲ +8.7% | ₹446 cr | ▲ +14% | 23.41 | ▲ +1.9%Nifty +0.1% · +1.8 pp |
| Dec 2024filed 24 Jan · audited | ₹3,561 cr | ▲ +6.7% | ₹428 cr | ▲ +15% | 22.41 | ▲ +3.1%Nifty −0.5% · +3.6 pp |
| Sept 2024filed 17 Oct · audited | ₹3,536 cr | ▲ +7.9% | ₹423 cr | ▲ +8.0% | 22.18 | ▲ +5.8%Nifty −0.9% · +6.7 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹15,880 cr | ▲ +12% | ₹1,863 cr | ▲ +9.4% | 97.49 |
| FY25to Mar 2025 | ₹14,230 cr | ▲ +7.2% | ₹1,702 cr | ▲ +9.5% | 89.25 |
| FY24to Mar 2024 | ₹13,279 cr | — | ₹1,555 cr | — | 81.84 |
MPHASIS trades at 23 times trailing earnings against 17 for its industry, 4.0 times book value, revenue +14% over twelve months, a 5.5% dividend yield, market cap ₹43,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| TCSTata Consultancy Services Limited | 7,50,000 cron 1 Oct | 15consolidated | 6.9 | ₹2,075.00 |
| INFYInfosys Limited | 4,20,000 cron 1 Oct | 14consolidated | 4.5 | ₹1,035.00 |
| HCLTECHHCL Technologies Limited | 3,40,000 cron 1 Oct | 19consolidated | 4.5 | ₹1,243.10 |
| WIPROWipro Limited | 1,60,000 cron 1 Oct | 13consolidated | 1.8 | ₹159.35 |
| TECHMTech Mahindra Limited | 1,50,000 cron 1 Oct | 27consolidated | 5.0 | ₹1,533.00 |
| LTMLTM Limited | 1,20,000 cron 1 Oct | 23consolidated | 4.9 | ₹4,007.00 |
| PERSISTENTPersistent Systems Limited | 85,000 cron 1 Oct | 44consolidated | 11 | ₹5,367.00 |
| COFORGECoforge Limited | 81,000 cron 1 Oct | 37consolidated | 8.4 | ₹1,826.00 |
| MPHASISMphasiS Limited | 43,000 cron 1 Oct | 23consolidated | 4.0 | ₹2,250.20 |
| HEXTHexaware Technologies Limited | 30,000 cron 1 Oct | — | 4.5 | ₹490.45 |
| TATAELXSITata Elxsi Limited | 19,000 cron 1 Oct | 29standalone | 6.3 | ₹3,092.80 |
| KPITTECHKPIT Technologies Limited | 13,000 cron 1 Oct | 23consolidated | 3.8 | ₹492.00 |
| FRACTALFractal Analytics Limited | 13,000 cron 1 Oct | — | 4.0 | ₹727.35 |
| RATEGAINRategain Travel Technologies Limited | 10,000 cron 1 Oct | — | 5.0 | ₹840.65 |
| ZENSARTECHZensar Technologies Limited | 9,900 cron 1 Oct | — | 2.1 | ₹434.35 |
| INTELLECTIntellect Design Arena Limited | 8,600 cron 1 Oct | — | 2.7 | ₹610.95 |
| BSOFTBIRLASOFT LIMITED | 7,500 cron 1 Oct | — | 1.8 | ₹269.75 |
| SONATSOFTWSonata Software Limited | 7,100 cron 1 Oct | — | 3.7 | ₹254.05 |
| NEWGENNewgen Software Technologies Limited | 6,500 cron 1 Oct | — | 3.7 | ₹456.35 |
| LATENTVIEWLatent View Analytics Limited | 4,900 cron 1 Oct | — | 2.7 | ₹234.50 |
| MASTEKMastek Limited | 4,800 cron 1 Oct | — | 1.6 | ₹1,555.60 |
| HAPPSTMNDSHappiest Minds Technologies Limited | 4,600 cron 1 Oct | — | 2.8 | ₹304.70 |
| 63MOONS63 moons technologies limited | 3,700 cron 1 Oct | — | 1.0 | ₹802.25 |
| AURIONPROAurionpro Solutions Limited | 3,400 cron 1 Oct | — | 1.9 | ₹607.80 |
| SAKSOFTSaksoft Limited | 1,800 cron 1 Oct | — | 2.4 | ₹139.35 |
| SILVERTUCSilver Touch Technologies Limited | 1,800 cron 1 Oct | — | 10 | ₹138.70 |
| ACCELYAAccelya Solutions India Limited | 1,600 cron 1 Oct | — | 6.5 | ₹1,094.20 |
| NINSYSNINtec Systems Limited | 1,500 cron 1 Oct | — | 16 | ₹804.65 |
| MCLOUDMagellanic Cloud Limited | 1,400 cron 1 Oct | — | 2.1 | ₹24.25 |
| INFOBEANInfoBeans Technologies Limited | 1,400 cron 1 Oct | — | 3.4 | ₹143.60 |
| XCHANGINGXchanging Solutions Limited | 670 cron 1 Oct | — | 1.7 | ₹59.75 |
| SOFTTECHSofttech Engineers Limited | 660 cron 1 Oct | — | 3.9 | ₹474.30 |
| INNOVANAInnovana Thinklabs Limited | 600 cron 1 Oct | — | 2.1 | ₹290.20 |
| KSOLVESKsolves India Limited | 570 cron 1 Oct | — | 19 | ₹241.15 |
| CSMCSM Technologies Limited | 490 cron 1 Oct | — | 4.7 | ₹94.25 |
| MINDTECKMindteck (India) Limited | 480 cron 1 Oct | — | 1.6 | ₹150.95 |
| XTGLOBALXtglobal Infotech Limited | 380 cron 1 Oct | — | 1.8 | ₹28.70 |
| TREJHARATREJHARA SOLUTIONS LIMITED | 320 cron 1 Oct | — | 1.1 | ₹131.65 |
| DRCSYSTEMSDRC Systems India Limited | 190 cron 1 Oct | — | 1.7 | ₹13.00 |
| EMPOWEREmpower India Limited | 180 cron 1 Oct | — | — | ₹1.55 |
| TRIGYNTrigyn Technologies Limited | 160 cron 1 Oct | — | 0.20 | ₹51.80 |
| SECMARKSecMark Consultancy Limited | 140 cron 1 Oct | — | 6.1 | ₹137.50 |
| RSSOFTWARER. S. Software (India) Limited | 78 cron 1 Oct | — | 2.5 | ₹30.05 |
| CGVAKCG Vak Software & Exports Limited | 74 cron 1 Oct | — | — | ₹147.25 |
| CURAACura Technologies Limited | 72 cron 17 Sept | — | 11 | ₹72.95 |
| ORCHASPOrchasp Limited | 44 cron 1 Oct | — | 0.36 | ₹1.30 |
| QUINTEGRAQuintegra Solutions Limited | 3.6 cron 1 Oct | — | — | ₹1.35 |
| 3IINFOLTD3i Infotech Limited | — | — | — | — |
| CALSOFTCalifornia Software Company Limited | — | — | — | — |
| CTECambridge Technology Enterprises Limited | — | — | — | — |
| CYBERTECHCybertech Systems And Software Limited | — | — | — | — |
| EQUIPPPEquippp Social Impact Technologies Limited | — | — | — | — |
Promoters hold 30.5%, foreign portfolio investors 19.5%, mutual funds 30.5% and insurance companies 14.3%, as filed for the quarter to 30 Jun.
| Category | 30 Jun | 31 Mar | 31 Dec | 30 Sept | 30 Jun |
|---|---|---|---|---|---|
| Promoters | 30.54▼ −0.01 pp | 30.55▼ −0.04 pp | 30.59▼ −9.51 pp | 40.100.00 pp | 40.10 |
| Foreign portfolio investors | 19.50▼ −0.01 pp | 19.51▼ −0.28 pp | 19.79▲ +1.27 pp | 18.52▼ −0.47 pp | 18.99 |
| Mutual funds | 30.53▼ −0.42 pp | 30.95▲ +0.29 pp | 30.66▲ +6.25 pp | 24.41▲ +0.13 pp | 24.28 |
| Insurance companies | 14.29▲ +0.10 pp | 14.19▲ +0.43 pp | 13.76▲ +1.66 pp | 12.10▲ +0.32 pp | 11.78 |
| Banks and financial institutions | 0.49▼ −0.02 pp | 0.51▼ −0.33 pp | 0.84▲ +0.27 pp | 0.57▲ +0.12 pp | 0.45 |
| Individual investors | 3.85▲ +0.19 pp | 3.66▼ −0.05 pp | 3.71▼ −0.01 pp | 3.72▼ −0.25 pp | 3.97 |
| Bodies corporate | 0.33▲ +0.17 pp | 0.16▼ −0.05 pp | 0.21▲ +0.03 pp | 0.18▼ −0.03 pp | 0.21 |
| Others | 0.470.00 pp | 0.47▲ +0.03 pp | 0.44▲ +0.03 pp | 0.41▲ +0.19 pp | 0.22 |
Nothing upcoming on record; the board meets for results on 5 Nov 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 8 Jul 2026 | dividend | ₹62.00 | 8 Jul 2026 | BSE |
| 9 Jul 2025 | dividend | ₹57.00 | 9 Jul 2025 | BSE |
| 10 Jul 2024 | dividend | ₹55.00 | — | BSE |
MPHASIS is −9.3% over 20 sessions against Nifty's −6.2%, 24% below its 52-week high, realised volatility 29% annualised.
| Window | From ₹ | MPHASIS % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹2,642.32 | ▼ −15% | ▼ −9.1% | −5.8 |
| 120 sessionssince 9 Apr | ₹2,385.20 | ▼ −5.7% | ▼ −5.7% | +0.03 |
| 60 sessionssince 8 Jul | ₹2,241.90 | ▲ +0.37% | ▼ −6.1% | +6.5 |
| 20 sessionssince 2 Sept | ₹2,480.11 | ▼ −9.3% | ▼ −6.2% | −3.0 |
| 5 sessionssince 24 Sept | ₹2,248.18 | ▲ +0.09% | ▼ −2.8% | +2.9 |
| 1 sessionsince 30 Sept | ₹2,154.33 | ▲ +4.5% | ▼ −0.88% | +5.3 |
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