Multibagger Stock Tips: Shares of Mphasis Limited (MPHL) rose 5.46 per cent to hit an all-time high of Rs 3001.65 on the BSE on Monday. This multibagger stock has increased from Rs 1,198 in last 12 months to Rs 3,001.65 today. There was an increase of about 150.5 percent in this period. It can also be understood that an amount of Rs 5 lakh invested in this logistics stock a year ago would have turned into Rs 12.52 lakh today.
According to MarketsMojo, the debt to equity ratio (average) of the company is -0.29 times which is low. In addition, it has high manageability with a high ROE of 17.58%. The company has a high institutional stake of 39.26%.
The company reported a net profit of Rs 339.69 crore for the quarter ended June 2021, as against Rs 275.12 in the year-ago period. Revenue from operations grew 18 per cent to Rs 2,690.83 crore in the June-ended quarter, from Rs 2,288.21 crore a year ago. The company’s EPS increased to Rs 18.16 in June 2021 from Rs 14.75 in June 2020.
Motilal Oswal expects margin improvement in FY22 (+40bp YoY) and MPHL to perform near the upper end of its guidance of 15.5-17%, aided by operating leverage and lower exposure to DXC.
The brokerage house said, “We increase our estimates by 2%/5% for FY22/FY23, keeping in mind the high growth in direct trading. , MPHL is well positioned to be a major beneficiary.”
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