External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>Expects industry leading growth in direct and EBIT margin of 15.5-17% What should investors do? Mphasis' share price has grown by ~4x over the past five years (from ~Rs 535 in Jul 2016 to ~Rs 2537 levels in July 2021). However, recent run up in price prompts us to maintain HOLD rating Target Price and Valuation: We value Mphasis at Rs 2725 i.e. 29x P/E on FY23E EPS...</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Expects industry leading growth in direct and EBIT margin of 15.5-17% What should investors do? Mphasis' share price has grown by ~4x over the past five years (from ~Rs 535 in Jul 2016 to ~Rs 2537 levels in July 2021). However, recent run up in price prompts us to maintain HOLD rating Target Price and Valuation: We value Mphasis at Rs 2725 i.e. 29x P/E on FY23E EPS...Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Mphasis Limited: Direct Revenues Continue to Drive Overall Revenues

Mphasis Ltd

Mphasis Limited: Direct Revenues Continue to Drive Overall Revenues