NSE: MPHASIS · 13 October 2026
- Mphasis Limited shares traded higher today, gaining 2.33% to reach ₹2,415.00 compared to its previous close of ₹2,360.00.
- Mphasis extended its collaboration with Social Security Scotland by signing an agreement valued at approximately £35.4 million. Under the contract, the company will manage and maintain the executive agency's core benefits case management platform, supporting critical services for around 2 million citizens across Scotland. The engagement aims to ensure a stable, resilient, and high-quality service continuity for vital welfare programs.
- Trading volume was 0.31 times the 20-day average daily volume.
Why is Mphasis share price rising on 13 October 2026?
Mphasis Limited shares traded higher today, gaining 2.33% to reach ₹2,415.00 compared to its previous close of ₹2,360.00.
The broader market and sectoral backdrop offered supportive momentum for the counter. The Nifty index rose by 0.56%, while the sectoral benchmark Nifty IT advanced by 3.09%, showing stronger relative buying interest across technology equities. Mphasis also reflected positive near-term momentum, building on a 5-day return of 5.13% and a 20-day return of 5.38%.
On the corporate developments front, Mphasis recently announced a partnership extension with Social Security Scotland on October 06, 2026, valued at approximately £35.4 million to manage and maintain its core benefits platform. While this substantive business update reinforces execution visibility in the public sector vertical, today's price action appears closely aligned with broader technology sector strength and ongoing positive momentum rather than a single direct same-day catalyst.
1.53 lakh shares traded by 13 October 2026 · 09:35 AM IST. This compares with a 20-day average daily volume of 4.98 lakh shares (0.31 times). The five-day average daily volume was 6.36 lakh shares. Separately, the NSE report for 12 October 2026 showed 1.67 lakh shares delivered, representing 46.01% of that day’s traded volume. The same report recorded 28,883 trades.
The stock's upward movement of 2.33% is supported by strong sector performance in the Nifty IT index, which gained 3.09%, alongside positive recent returns over the past 5 and 20 trading days. While dated business announcements such as the Social Security Scotland contract provide underlying operational context, today's move reflects general sector-wide buying interest.
Latest Company Developments
Mphasis extended its collaboration with Social Security Scotland by signing an agreement valued at approximately £35.4 million. Under the contract, the company will manage and maintain the executive agency's core benefits case management platform, supporting critical services for around 2 million citizens across Scotland. The engagement aims to ensure a stable, resilient, and high-quality service continuity for vital welfare programs.
This substantive agreement strengthens the company's public sector footprint and medium-term revenue visibility in international markets.
Mphasis partnered with Copa Airlines to host an international quantum computing challenge aimed at solving real-world airline disruption management problems. Top-performing teams from premier institutions including IITs and the University of Calgary developed quantum-based optimization solutions for passenger re-accommodation. The initiative highlights the company's strategic focus on applied AI and next-generation quantum technologies.
It demonstrates the firm's ongoing R&D capabilities and thought leadership in emerging enterprise technology verticals.
a press release dated October 06, 2026, titled "Mphasis Strengthens Partnership with Social Security Scotland to Support Core Benefits Platform".
Intimation of ESG rating by Crisil ESG Ratings & Analytics Limited.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 30.53% on 30 June 2026. This compares with 30.95% on 31 March 2026, a change of -0.42 percentage points.
The filing reported 40 MF/UTI holders.
What to Watch Next
- Execution progress and delivery timelines on the £35.4 million Social Security Scotland contract.
- Upcoming financial results and investor conference call scheduled for the quarter and half year ended September 30, 2026, following the board meeting intimation for November 05, 2026.
- Trading volume participation relative to the 20-day average volume of 0.31x observed today.
- Broader performance trends within the Nifty IT sector benchmark.
Other Dated Coverage
- Mphasis in Focus After Securing £35.4 Million Social Security Scotland Deal | 8 October 2026 — 8 October 2026
- Mphasis Share Price Today: Why MPHASIS Is Falling 0.39% | 7 October 2026 — 7 October 2026
- Why Mphasis Shares Rose 0.04% Today: Price & Volume Analysis | 6 October 2026 — 6 October 2026
More Mphasis news and dated analysis →
Frequently Asked Questions
What is the latest Mphasis company news?
Mphasis extended its collaboration with Social Security Scotland by signing an agreement valued at approximately £35.4 million. Under the contract, the company will manage and maintain the executive agency's core benefits case management platform, supporting critical services for around 2 million citizens across Scotland. The engagement aims to ensure a stable, resilient, and high-quality service continuity for vital welfare programs.
How strong was Mphasis’s trading volume?
1.53 lakh shares traded, 0.31 times the 20-day average daily volume. The price and volume data are dated 13 October 2026 · 09:35 AM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.