New Delhi, July 25 -- Mphasis share price jumped over 5 per cent in intraday trade on the BSE on Friday, July 25, defying weak market sentiment. Mphasis shares opened at Rs.2,628.80 against their previous close of Rs.2,655.10 and rose 5.2 per cent to their intraday high of Rs.2,792.50. Around 9:55 AM, the IT stock traded 3.44 per cent higher at Rs.2,746.40. Equity benchmark Sensex was 0.43 per cent down at 81,831 at that time.

The mid-cap IT company's Q1 results seem to have boosted investors' interest in the stock as it looks set to snap its seven-day losing streak on Friday.

On Thursday, July 24, Mphasis said it recorded the highest-ever deal wins total contract value (TCV) of $760 million in Q1FY26.

(This is a developing story. Plea...