Mphasis inches up on signing contract worth 35.4 million pound with Social Security Scotland

Mumbai, October 7 (Udaipur Kiran): Mphasis is currently trading at Rs. 2295.00, up by 4.55 points or 0.20% from its previous closing of Rs. 2290.45 on the BSE.

The scrip opened at Rs. 2307.30 and has touched a high and low of Rs. 2315.35 and Rs. 2292.80 respectively. So far 4000 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 2978.35 on 08-Dec-2025 and a 52 week low of Rs. 2033.65 on 17-Mar-2026.

Last one week high and low of the scrip stood at Rs. 2340.00 and Rs. 2,160.00 respectively. The current market cap of the company is Rs. 43888.91 crore.

The promoters holding in the company stood at 30.54%, while Institutions and Non-Institutions held 64.80% and 4.65% respectively.

Mphasis has signed an agreement worth around 35.4 million pound with Social Security Scotland to help maintain reliable access to vital benefits services supporting more than 2 million citizens across Scotland. Under this contract, the company will manage and maintain Social Security Scotland’s benefits management platform, which delivers core functions and benefits efficiently and securely for around 2 million citizens across Scotland, strengthening how they access the support they need.

Through this scope of work, the company will help Social Security Scotland provide support and maintenance for the executive agency’s core benefits case management platform by maintaining access to citizen benefits that are important to individuals, families and communities across Scotland. Additionally, the company’s role will focus on maintaining a stable, resilient and high-quality service for citizens, supporting continuity across a platform central to benefit applications, eligibility decisions and payments.

Mphasis is a global service provider, delivering technology-based solutions across many sectors.

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