Information Technology Services
MphasiS Limited (NSE: MPHASIS) gains 5% intraday despite breakdown
MphasiS Limited (NSE: MPHASIS) stock price rises 5% intraday to ₹2233.4, showing a bounce despite the 6M trendline status being in breakdown..
MphasiS Limited (MPHASIS) bounced intraday, gaining +5% to ₹2233.4 on the NSE on 02 Jul 2026. This recovery comes despite the stock being in a BREAKDOWN phase, as it has not cleared key resistance levels. The move appears to be driven by the company’s recent NSE filings, which include updates on the Annual General Meeting and the Business Responsibility and Sustainability Report for the financial year ended 31 March 2026. MphasiS, a key player in the technology sector, specializes in information technology services. Today’s bounce, while notable, seems to be more company-specific rather than a sector-wide momentum shift.
Technical setup — trendlines & DMA
Currently, MphasiS is trading below both its 6M support and resistance trendlines. The 6M support trendline ends at ₹2276.37, which is 1.92% above today’s price, while the 6M resistance trendline ends at ₹2341.45, which is 4.84% above today’s price. The 50-DMA stands at ₹2252.7, and the 200-DMA is at ₹2525.8, indicating a bearish trend as the 50-DMA is below the 200-DMA. The stock is currently in the lower third of its 52W range, suggesting that while there is room for further downside, the stock is not overly extended on the downside either.
Snapshot: ₹2,233.40 on 2026-07-02 (chart frozen at publication)
Fundamentals & business context
With a PE of 21.8 and profit margins at 11.7%, MphasiS appears to be trading at a premium relative to its current earnings, especially considering its revenue CAGR of 4.8%. This suggests that the market may be pricing in future growth or a turnaround, which could be seen as optimistic given the current growth rates. The 57.3% institutional ownership indicates a level of confidence from smart money, though it also suggests that the stock is closely watched and any negative news could lead to swift reactions. There was no specific NSE catalyst today beyond the routine filings, indicating that the move is likely a technical bounce rather than driven by new fundamental information.
Algorithmic scorecard
The overall algorithmic scorecard reflects a stock that is technically weak but fundamentally has some strengths. The two strongest signals are the decent efficiency, with a profit margin of 11.7%, and the very low debt levels, indicated by a D/E ratio of 0.00. These factors suggest a financially healthy company with good profitability. On the flip side, the two weakest signals are the overvalued PEG ratio of 4.95, which indicates the stock is expensive relative to its growth rate, and the bearish trend signaled by the 50-DMA being below the 200-DMA. These weaknesses highlight potential risks for investors, particularly if the company fails to meet growth expectations or if market conditions worsen.
Company outlook
MphasiS has outlined an optimistic forward guidance for FY27, expecting to deliver high single-digit to low double-digit growth. Management is committed to operating within a target EBIT margin band of 14.75% to 15.75% and plans to maintain an operating cash flow to net income conversion ratio of approximately 80%. The company anticipates a gradual recovery in the logistics vertical through FY27 and is investing in large deals capability and leadership to drive growth. The focus remains on maintaining strong pipeline momentum and deal conversion, with ongoing investments aimed at sustaining growth and margin targets.
Get all details on MPHASIS — P&L, peers, shareholding and more on TradeAlone.
Information Technology Services
Redington Limited (redington) Partners with Opswat to Enhance Critical Infrastructure Protection
Redington Limited (NSE: REDINGTON) partners with OPSWAT to scale critical infrastructure protection across the Middle East, Africa, and CIS.
Redington Limited (NSE: REDINGTON) announced a strategic partnership with OPSWAT, a global leader in critical infrastructure protection (CIP) cybersecurity solutions, to enhance security across the Middle East, Africa, and the Commonwealth of Independent States (CIS).
Strategic Collaboration
This partnership combines OPSWAT’s advanced CIP solutions with Redington’s regional sales, technical, warehousing, logistics, and financing capabilities. Together, they aim to provide specialized protection for segmented, air-gapped, and operational technology (OT) environments across government, defence, banking, telecoms, energy, utilities, and other regulated sectors.
Focus on Managed Services
Through Redington’s DigiGlass offering, partners will be able to extend customer engagements into 24/7 security operations without upfront investments. This initiative will help partners build integrated solutions addressing the security and compliance requirements of critical environments.
OPSWAT’s specialized capabilities for protecting files, removable media, segmented networks, and OT environments will be combined with infrastructure and cybersecurity technologies available through Redington’s portfolio. This partnership will enable partners to deliver complete, outcome-based CIP propositions, rather than standalone products.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Redington Limited
Redington Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
Redington gains 45.8% over three months and trades near its 52-week highs. The PEG stands at 8.13 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Buyers show up with 1.7x the volume of sellers. Moreover, they dominated on 18 of recent sessions versus 12 for sellers — a healthy accumulation pattern. The stock rises 45.8% in three months on 14.5% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Redington Limited.
COFORGE
Coforge Limited Expands Kraków Engineering Center as Strategic AI Hub
Coforge Limited (NSE: COFORGE) expands its Kraków Engineering Center, becoming a strategic AI hub, reflecting strong client demand and Coforge’s investment i.
Coforge Limited (NSE: COFORGE) has announced the continued expansion of its Kraków, Poland engineering center, which has rapidly become a strategic AI engineering and nearshore delivery hub serving clients across Europe and globally. Since opening in 2025, the center has grown from supporting a single anchor engagement to a multi-client, multi-practice delivering AI-first engineering, cloud, and modernization services for global clients. The facility now employs more than 375 engineers and is expected to grow to more than 660 professionals by 2027, reflecting strong client demand and Coforge’s continued investment in AI-enabled engineering and delivery.
Strategic Expansion in Europe
Located in one of Europe’s leading technology hubs, Kraków offers a combination of engineering depth, scalability, and nearshore proximity. The location provides access to a strong pipeline of engineering graduates and technology professionals while enabling close collaboration with clients across European and UK time zones.
Growing Demand for AI-Enabled Engineering
The rapid scale-up of our Kraków center reflects two major market shifts: growing demand for AI-enabled engineering and the need for delivery models that combine proximity, specialized talent, and speed. The center serves a growing portfolio of clients across sectors including travel, banking, logistics, retail, and enterprise services. Coforge has recently expanded the Kraków center with more than 20,000 square feet of new workspace and scalable infrastructure to accommodate increasing client demand and workforce growth.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Coforge Limited
Coforge Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
Coforge gains 21.3% over three months and trades near its 52-week highs. Thin margins at 9.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 26.9% and profits at 30.9% CAGR. Both numbers are exceptional. The stock gives back 11.9% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 26.9% and profits at 30.9%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Coforge Limited.
Information Technology Services
Ltm Limited (NSE: LTM) Recognized with ISG Paragon Awards North America 2026 for Transformation
LTM Limited (NSE: LTM) announced its clients Carrier and PHINIA were recognized at the ISG Paragon Awards North America 2026 for transformation.
LTM Limited (NSE: LTM), the Business Creativity partner to the world’s largest enterprises, announced that its clients PHINIA and Carrier have been recognized at the ISG Paragon Awards North America 2026. LTM received recognition in the Excellence category for its work with PHINIA and in the Transformation category for its work with Carrier. The ISG Paragon Awards recognize enterprise-provider partnerships that leverage technology, innovation, and new operating models to deliver measurable business impact.
Carrier’s Transformation Journey
Following significant M&A activities, Carrier, a global leader in intelligent climate and energy solutions, sought to address a fragmented technology landscape. LTM partnered closely with Carrier to lead the establishment of an enterprise-wide Application Total Cost of Ownership (TCO) and Application Portfolio Rationalization (APR) capability powered by SAP LeanIX. By integrating data from ServiceNow, Apptio Cloudability, procurement, and operational systems, the joint team developed a standardized cost model, executive decision-support dashboards, and a scalable rationalization framework. This initiative enhanced financial transparency, strengthened portfolio governance, and improved strategic decision-making across the enterprise.
PHINIA’s IT Operations Transformation
LTM helped PHINIA, a leading global automotive and industrial manufacturer, to transform its IT operations through observability, automation, AI-driven support, and infrastructure modernization. By implementing LogicMonitor observability, a cross-trained Command Center, CMDB optimization, FinOps practices, and application modernization initiatives, the organization reduced incident resolution times, improved service stability, accelerated infrastructure provisioning, and lowered operating costs. A great example of how LTM enabled greater visibility and control across PHINIA’s technology landscape to drive operational excellence at scale.
These recognitions reflect the power of strong client partnerships and a shared commitment to transformation. We are proud to work alongside PHINIA and Carrier to deliver measurable business outcomes through technology-led innovation and operational excellence,” said Gururaj Deshpande, Chief Delivery Officer, LTM.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of LTM Limited
LTM Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
LTM posts a 11.0% three-month gain, but softens in the last few weeks. The PEG stands at 5.07 — severely stretched. Any earnings miss could trigger a sharp de-rating. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. RSI stands at 30, well into oversold territory. Yet sellers still dominated on 19 of recent sessions versus 11 for buyers, so the pressure has not fully lifted. Revenue grows at 8.4% CAGR — a respectable pace. However, the stock drops 11.0% in three months without an obvious fundamental trigger. Sector-wide pressure or a valuation re-rating can persist for longer than expected. Therefore, there is no rush to step in. Check Fundamentals of LTM Limited.
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