This Technology Stock Offering 460% Final Dividend, Ex-Date In 3 Days: Check Details

MphasiS announced a final dividend of 460%, on April 29, 2022. The company's ex-dividend date is within three days, on July 5, 2022.

Stock's performance on NSE - MphasiS

MphasiS's current market price stood at Rs. 2,239.90 fell by 2.36% till last traded. The 52-week high level of this stock is Rs. 3,659.75, and the 52-week low level of this stock is Rs. 2,104. In the past 6 months, its stock price has fallen by only 34.56%, and in the last month, the share has fallen by 12.78%. In the past 1 year, its stock price has gained by 5.95%, and in the past 5 years, the stock's price has surged by 274.91%. It is a large-cap company with a market capitalization of Rs. 42,204 crore.

Company news

According to data available with NSE, in Q4 FY22, the company's Total Income stood at Rs. 2,06,132 lakh, as against Rs. 1,94,497.20 lakh in the previous quarter. The company's Profit before tax (PBT) was reported at Rs. 38,792.80 lakh, as against Rs. 42,241.40 lakh in Q3 FY22. Additionally, its Net Profit stood at Rs. 31,185.40 lakh, as against Rs. 31,728.40 lakh in the earlier quarter.

Mphasis applies next-generation technology to help enterprises transform businesses globally. Mphasis takes up Front2Back^TM Transformation approach, which uses the exponential power of cloud and cognitive to provide hyper-personalized digital experience to clients and their end customers, the company informs.

What is a dividend?

A dividend, in the stock market, is known as a reward, which can be offered by a company to investors. Although it is not a mandatory move, a listed company can offer it to the shareholders for attracting new investors, while benefiting the existing investors. After a company makes significant profits in the recent quarters or fiscal, it can offer a dividend.

Disclaimer

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