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The latest update is out from Mphasis Limited ( (IN:MPHASIS) ).
Mphasis Limited has clarified that it is not involved in any transaction related to the news about Blackstone Group’s intention to reduce its stake in the company through a large block deal. The company emphasized that this potential transaction involves its promoter, BCP Topco IX Pte. Ltd., a part of Blackstone Group, and not Mphasis itself. Mphasis stated that there is no material information requiring disclosure under SEBI regulations at this time, but it will comply with disclosure requirements as necessary.
More about Mphasis Limited
Average Trading Volume: 16,506
Technical Sentiment Signal: Buy
Current Market Cap: 527.5B INR
Find detailed analytics on MPHASIS stock on TipRanks’ Stock Analysis page.