Neutral on MphasiS, target price Rs 2,900: BNP Paribas Securities
BNP Paribas Securities has given a neutral rating to MphasiS with a target price of Rs 2,900. The current market price is Rs 2927.05. MphasiS, a company in the IT Software sector, reported a net profit of Rs 423.33 crore for the quarter ending 30-09-2024. The company faces risks due to high exposure to the mortgage business.
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