Mphasis shares are trading at Rs. 3097.20, marking an increase of 16.20 points or 0.53% compared to the previous close of Rs. 3081.00 on the BSE. The stock opened at Rs. 3081.05 and recorded a high of Rs. 3109.15 and a low of Rs. 3071.30 during the session, with 5299 shares changing hands.

This BSE Group 'A' stock, with a face value of Rs. 10, reached a 52-week high of Rs. 3164.40 on September 3, 2024, and a 52-week low of Rs. 2068.45 on October 26, 2023. Over the past week, the stock fluctuated between a high of Rs. 3141.85 and a low of Rs. 2974.00. Mphasis' market capitalization currently stands at Rs. 58,347.75 crore.

In terms of shareholding, promoters hold 40.35% of the company's stock, while institutions and non-institutions account for 54.15% and 5.50% respectively.

Mphasis has inaugurated its Innovation Hub for Mphasis Europe in the prestigious Tower 42 building in London. This hub underscores the company's dedication to advancing Quantum technologies in both the UK and global markets. The facility will function as a Centre of Excellence (CoE), focusing on Quantum Computing, Quantum Cryptography, and Artificial Intelligence (AI) to address key industry challenges such as algorithmic underwriting, catastrophic risk modeling, and fraud detection. Mphasis' innovation will help businesses worldwide harness the potential of Quantum technologies.

The London hub is part of Mphasis' broader strategy to grow its UK footprint, with plans to double its workforce over the next three years. This center will attract top talent, driving innovation across sectors like banking, financial services, and insurance. Mphasis aims to utilize the UK's robust tech ecosystem to meet evolving client needs and promote industry collaboration.

Mphasis continues to provide technology-based solutions to various sectors globally.