Mphasis Stock Jumps 2% After Mutual Fund Buys ₹1,860 Crore Stake

Mphasis stock gained 2% following a ₹1,860 crore investment by Kotak Mahindra and ICICI Prudential mutual funds, bolstering growth optimism.

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Mphasis Stock Jumps 2% After Mutual Fund Buys ₹1,860 Crore Stake

Mphasis Stock Jumps 2% After Mutual Fund Buys ₹1,860 Crore Stake
Shares of Mphasis surged 2% on November 19, 2025, after Kotak Mahindra and ICICI Prudential mutual funds purchased 70 lakh shares worth ₹1,860 crore. The purchase bolstered investor optimism about Mphasis' AI-driven growth potential, as the company continues to make significant strides in the digital transformation and automation space. This large investment signals strong institutional confidence in the company’s future, particularly in its AI and cloud service offerings.
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