Mphasis stock gains 2.08 percent before November results

Published on 10/05/2026 at 22:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mphasis stock heads toward its November 5, 2026 results after Q1 FY27 revenue reached INR 43.84054 billion. Net income was INR 4.89506 billion, up 10.82 percent year over year.

Mphasis, INE356A01018, Illustration mit AI erstellt.

Mphasis stock (ISIN INE356A01018) was trading at INR 2,297.10 on the NSE on October 5, 2026, up 2.08 percent from the previous close. The move comes as the company approaches its September-quarter results date, with CNBC TV18 listing November 5, 2026, for Mphasis.

Q1 growth sets the benchmark

In Q1 FY27, revenue reached INR 43.84054 billion, up 17.46 percent year over year, while net income rose 10.82 percent to INR 4.89506 billion. These figures make the September-quarter update a test of whether Mphasis can sustain its recent growth rate.

The company also generated INR 3.66328 billion in operating cash flow during Q1 FY27, while free cash flow stood at INR 3.54199 billion. The reported results and period figures are reflected in the Univest Q2 preview published on October 5, 2026.

Targets remain above the stock

Univest reported a Buy rating from Motilal Oswal with an INR 2,700 target and a Buy rating from JM Financial with an INR 2,645 target. Against the October 5 price of INR 2,297.10, those targets stand 17.55 percent and 15.14 percent above the stock, respectively.

The same report cited a Hold consensus from 39 analysts and an average target of INR 1,264. That figure sits below the current share price, showing a wide gap between the broader consensus and the two bullish brokerage targets.

Stock rises within its yearly range

Mphasis had a market capitalization of INR 438.3 billion on October 5, 2026, with trading volume of 1,107,590 shares. The NSE 52-week range was INR 2,013 to INR 2,975, placing the stock 22.77 percent below its yearly high.

The company describes itself as an AI-led, platform-driven technology services provider serving global enterprises, with exposure to banking, financial services and insurance. Its investor page lists BSE and NSE trading and identifies Mphasis as a provider of modernization, cloud and cognitive technology services.

November results are next

Mphasis is scheduled to publish results for the quarter and half-year ended September 30, 2026, on November 5, 2026. For investors, the central comparison will be whether the next report confirms the 17.46 percent Q1 revenue growth and 10.82 percent net income growth already delivered.