Mphasis BFL

#1
I request TraderJi to put some light on this stock: Mphasis BFL,

I understand that company has recommended 1:1 bonus.. I want to know if I buy this stock then, will I get this bonus share? Further, how good is to invest in this stock.

Please give your opinion.

Thanks in Advance.
 
#3
alok said:
I request TraderJi to put some light on this stock: Mphasis BFL,

I understand that company has recommended 1:1 bonus.. I want to know if I buy this stock then, will I get this bonus share? Further, how good is to invest in this stock.

Please give your opinion.

Thanks in Advance.
hi,
I am also having 200 shares of Mphasis BFL average price 275. Is it good idea to keep? Company has recommended 1:1 share bonus. So when will I get and what record date on that. Any expert advice??
 
#4
When the bonus and dividend are expected? What is record date? Any has info on this ..
Here is news...

News Headlines

Mphasis BFL announces Q4 & FY-05 results 4/12/2005
Mphasis BFL Ltd has posted a net profit of Rs 213.271 million for the quarter ended March 31, 2005 as compared to Rs 180.033 million for the quarter ended March 31, 2004. Revenues have decreased from Rs 661.388 million in Q4-04 to Rs 582.980 million for the quarter ended March 31, 2005.
The Company has posted a net profit of Rs 501.784 million for the year ended March 31, 2005 as compared to Rs 897.686 million for the year ended March 31, 2004. Revenues have decreased from Rs 2682.988 million in FY-04 to Rs 2533.919 million for the year ended March 31, 2005.

Consolidated Results are as follows:

The Consolidated results (including subsidiary company) are as follows:

Mphasis BFL Group has posted a net profit of Rs 309.606 million for the quarter ended March 31, 2005 as compared to Rs 251.299 million for the quarter ended March 31, 2004. Revenues have increased from Rs 1602.630 million in Q4-04 to Rs 2069.202 million for the quarter ended March 31, 2005.

The Group has posted a net profit of Rs 1246.162 million for the year ended March 31, 2005 as compared to Rs 985.782 million for the year ended March 31, 2004. Revenues have increased from Rs 5952.047 million in FY-04 to Rs 7728.691 million for the year ended March 31, 2005.

The Board of Directors has proposed a final dividend of Rs 3/- per Equity share of Rs 10 each in addition to the interim dividend of Rs 1.50 per equity share ( Rs 3/- per share paid last year)

The Board of Directors recommended a bonus issue of one equity share for every existing equity share (1:1).

Commenting on the results Mr. Jerry Rao, Chairman and CEO, said "As we approach our fifth anniversary as a Group, we can look back with pride at what we have achieved in this period. Our IT business has grown at a healthy rate and we have expanded our portfolio of services as well as our geographic footprint besides increasing our headcount substantially. In BPO we have grown exponentially backed by our first mover advantage and are among the leaders in the industry. The year ahead will be one of consolidation on the back of our recent acquisitions which have expanded our scale and depth of offerings."

source : Asian CERC

|X| CLOSE
Copyright 2003.All rights Reserved. ICICI Web Trade Limited
NSE SEBI Registration Number :- INB 231147639 | BSE SEBI Registration Number :- INB 011147635 | NSE SEBI Registration Number Derivatives :- INF 231147639
 
#5
Hi,
I have 200 Share of mphasis bfl at 275 now it is 220. Any expert suggestions to hold or sell. COmpany has recommended 1:1 bonus share and Dividend 3 Rs per share.. When is the record date.
~ram
 
#7
I am sure company is doing good.. But, I would like to see some expert comments.... I too got 150 shares at ~245 Rs.
 

Traderji

Super Moderator
#8
alok said:
I request TraderJi to put some light on this stock: Mphasis BFL,

I understand that company has recommended 1:1 bonus.. I want to know if I buy this stock then, will I get this bonus share? Further, how good is to invest in this stock.

Please give your opinion.

Thanks in Advance.
Bonus or no bonus, if the stock is in a downtrend how do you expect to make any money??

I would suggest you to stay away from this stock for now until further evidence of an uptrend.
 
#9
Dear Alok,
The news of company going global look for extension of its wing , be joyful and enjoy partial profit .

Sincerely ursnks
wwwNksagar.com
 

Similar threads

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?