Fundamental View-

is Ltd is a leading IT services company backed by Blackstone, primarily serving the BFSI, logistics, and healthcare sectors with expertise in cloud, AI, and digital transformation. The company maintains a strong financial profile with annual revenues exceeding ₹14,000 Cr and net profits over ₹1,400 Cr. It enjoys healthy margins (~17–18%), a high ROE of ~19%, and is virtually debt-free with strong cash reserves. With a consistent dividend history and strategic focus on digital innovation, Mphasis trades at a moderate P/E of ~30x. Despite global macro uncertainties and sectoral pressures, its robust client base and focus on next-gen technologies position it well for sustained growth. Technical View- Based on the daily chart of Mphasis, the stock has been in a steady uptrend over the past few weeks, trading above key moving averages like the 50-day and 100-day EMAs, indicating overall bullish momentum. However, in the last few sessions, the price has seen mild profit booking and is now testing its short-term 14-day EMA support near the 2830–2850 zone. The Parabolic SAR remains below the price, suggesting the uptrend is still intact. MACD is positive but showing signs of flattening, while RSI at 55.72 indicates moderate strength without being overbought. With Q1 results scheduled on 24 July, the stock may witness increased volatility. If earnings surprise positively, the stock could resume its uptrend toward the ₹3000–₹3050 range. A dip near ₹2800 could offer a good buying opportunity with a stop-loss near ₹2725.