Mphasis Ltd is up for a third straight session in a row. The stock is quoting at Rs 2772.3, up 1.16% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.11% on the day, quoting at 26162.95. The Sensex is at 85569.38, down 0.07%. Mphasis Ltd has dropped around 0.96% in last one month.

Meanwhile, Nifty IT index of which Mphasis Ltd is a constituent, has dropped around 2.7% in last one month and is currently quoting at 37043.3, up 0.03% on the day. The volume in the stock stood at 10.69 lakh shares today, compared to the daily average of 7.53 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 2763.7, up 0.71% on the day. Mphasis Ltd is down 3.86% in last one year as compared to a 9.44% gain in NIFTY and a 14.49% gain in the Nifty IT index.

The PE of the stock is 36.33 based on TTM earnings ending September 25.