COMPANY NAME- MPHASIS .                      21 –JAN -2011.

RECOMMENDATION- BUY             PRICE TARGET-           750  

                                        COMPANY BASIC INFORMATION

ISIN Id

INE356A01018

BSE Id

526299

NSE Id

MPHASIS

INDUSTRY

Computers - Software

Market Cap

14373.81

Book Value

143.94

EPS (TTM)

47.49

Price/Book

4.76

Face Value

10.00

P/E

14.42

Div(%)

35.00%

Industry P/E

27.97

P/C

12.92

Div Yield (%)

0.51

STOCK PRICE HISTORY( NSE)

All Time High   

2249.00

All Time Low     

29.05

52 Week High   

780.00

52 Week Low      

543.20

 

 

 

 

 

 

 

 

 

 

 

Recommendation-

The stock has given a breakout from an intermediate base formation and is currently trading above its short, intermediate and long term moving average as well. The counter has been an out performer in the earlier leg of this Bull Run already and after forming a continuation price pattern it is once again ready to give a strong rally, in line with the respective industry. We therefore recommend a Buy on the stock around 640-660 levels with a stop loss below 620 for a short to medium term target of 750.