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.