Mphasis plunges over 3% after HP cut its guidance for 2013

Mphasis plunged on Thursday after global firm Hewlett-Packard (HP) cut its guidance for the year 2013. Shares ofthe companyare trading at Rs 406.40, down Rs 14.5, or 3.44% at the Bombay Stock Exchange (BSE) on Thursday at 11:24 a.m.The scrip has touched an intra-day high of Rs 420.20 and low of Rs 402.55. The total volume of shares traded at the BSE is 27,185.In the earlier session, the shares gained 1.43%, or Rs 5.95, at Rs 420.90. Currently, the stock is trading down 7.43% from its 52-week high of Rs 439 and above 46.71% over the 52-week low of Rs 277.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 393.05 27.85 7.09 1 Month 379.10 41.80 11.03 3 Months 382.35 38.55 10.08 6 Months 412.65 8.25 2.00 1 Year 317.00 103.90 32.78 Note: Based on previous day closing price.