IT company Mphasis announced a buyback of its shares worth Rs 988 crore. Investors as of 25th October, 2018 can sell their shares in the buyback at Rs 1,350 apiece.
This can be a good time to buy Mphasis shares!
WHY PARTICIPATE IN MPHASIS BUYBACK?
A good price: Mphasis shares closed at Rs 1,117 on 5th October. However, the buyback price offered is Rs. 1,350 per...
Mphasis Limited is a information technology solution provider in cloud and cognitive services. The Company’s segments include Banking and Capital Market, Insurance, Information Technology, Communication and Entertainment and Emerging Industries. The geographical segments include United States of America, India, Asia Pacific and Europe, Middle East and Africa. It offers cloud computing, cognitive solutions, digital services, securing businesses, application services and infrastructure services. The Company serves various industries such as banking and capital market which includes, retail banking, credit cards and payments, wealth management and brokerage, corporate banking solutions and investment banking technology. Its insurance industry includes, property and casualty, life and retirement and health. Its other industries consist of communications, energy and utilities, healthcare, life science, logistics, manufacturing and travel and transportation.
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MPHASIS
![MPHASIS: [Positional] Mphasis Swing BET](https://s3.tradingview.com/f/fTMh4B7I_mid.png "[Positional] Mphasis Swing BET")
