Mphasis Issues Key Update On U.S. Patent for Quantum Prediction

Mphasis share price declined 2.12% on Bombay Stock Exchange to Rs 2123.45 per share as Sensex tanked 364.88 points to 73,862.20 on April 9, 2025. The company informed today that it has been granted U.S. patent on “System and method for optimized processing of information on quantum systems”. The newly issued patent outlines a pipeline to improve the scalability and performance of quantum machine learning (QML) on near-term quantum computing systems including quantum simulators. Meanwhile, the computer software company has a market capitalisation of Rs 40,501.42 crore. Its return on equity is 26.57%. The stock witnessed steep decline of 14.17% in last 1-week and underperformed broader market.

In comparison, Sensex plunged 3.59%, BSE Focused IT index slipped 10.56%, BSE Information Technology index fell 10.27%, and BSE Teck declined 7.79%. It is worth noting that Life Insurance Corporation Of India has stake of 6.60% with 12,518,668 shares of the company. Check key details given below:

Mphasis Awarded US Patent For Quantum Prediction System: According to the company’s press release issued today, “This solution transforms high-dimensional classical input data into an enhanced feature space in quantum format. The feature space transformation ensures efficient mapping and preparation for quantum state loading, paving the way for improved quantum data processing and analysis. The optimal representation method for classical data on quantum systems minimizes the need for additional qubits for higher-dimensional data, handles large feature sets and high volumes of data, and ensures efficient convergence during quantum machine learning (QML) model training.”

“Quantum Machine Learning (QML) is emerging as a transformative paradigm, enabling academia and industry to solve real-world AI challenges with unprecedented efficiency. This technology and the associated patent stand as a testament to our commitment to innovation and the advancement of next-generation technologies,” said Srikumar Ramanathan, Chief Solutions Officer, Mphasis.

Mphasis Shares Performance

The 52-week high of Mphasis share price is Rs 3239.55 per share (as on 12/12/2024) and 52-week low price is Rs 2025.05 per share (as on 07/04/2025), respectively. Mphasis shares slipped 26.08% in last 3-months, plunged over 13.44% in last 1-year, and gained 18.37% in last 2-years. Mphasis shares slipped again by 32.77% in last 3-years and offered triple digit returns of 214.30%.

Mphasis Dividend History

The company recommended a total of 27 dividends since 2001. It declared highest ever dividend of Rs 55 per share in 2024 with ex-dividend date set as July 10, 2024. Its dividend yield is 2.60% at current share price of Rs 2123.45 per share.

Mphasis Bonus Shares History

It has recommended bonus shares thrice since 2003. Last bonus issue was declared in the proportion of 1:1 with ex-bonus date set as November 11, 2005.

Mphasis Shareholding

FII/FPI’s holdings soared from 18.25% to 20.78% for December 2024 quarter. Figure of FII/FPI investors jumped from 883 to 1002 for December 2024 quarter.

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