Mphasis is trading at Rs. 2930.00, up by 86.25 points or 3.03% from its previous close of Rs. 2843.75 on the BSE.

The stock opened at Rs. 2779.65 and reached a high of Rs. 2941.20 and a low of Rs. 2779.65 during the session. A total of 1450 shares were traded.

The BSE group 'A' stock, with a face value of Rs. 10, hit a 52-week high of Rs. 2966.95 on July 23, 2024, and a 52-week low of Rs. 2068.45 on October 26, 2023.

The stock's high and low for the past week were Rs. 2966.95 and Rs. 2779.65, respectively. The company's current market capitalization stands at Rs. 53,773.17 crore.

Promoters hold 40.35% of the company, while institutions and non-institutions hold 54.15% and 5.50%, respectively.

Mphasis has introduced Mphasis NeoCrux, a pioneering tool aimed at enhancing software engineers' productivity by optimizing the Software Development Lifecycle with a Generative AI (Gen AI) powered Agent Orchestrator. Unlike other platforms, NeoCrux allows engineers to integrate various AI Agents suited to their needs. Additionally, Mphasis launched NeoZeta, the only Gen AI-based Enterprise Modernization Platform available, which offers transparency in the re-learning process, helping organizations confidently modernize their critical systems.

NeoCrux supports agile team resources to deliver accelerated Idea2Launch IT Value Streams. Its first release is an in-IDE assistant for software engineers, with an AI-powered requirement engineering workbench for product owners to follow. The enterprise edition of NeoCrux goes beyond basic agent orchestration by providing personalized AI assistance tailored to individual engineers' behaviors.

NeoZeta is an innovative platform for enterprise application modernization, uncovering enterprise knowledge hidden in code and documents. It ensures the longevity of software systems developed on it. Key features include transparency, avoiding black-box conversions, and using open standards and knowledge graph technologies to involve both humans and AI agents in the modernization process.

Mphasis is a global service provider, offering technology-based solutions across various sectors.