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Mphasis Limited ( (IN:MPHASIS) ) just unveiled an announcement.
Mphasis Limited announced that the recent U.S. proclamation imposing a $100,000 fee on new H1B visa petitions will not significantly impact its financials or operations. The company has a low volume of H1B filings and has been focusing on AI-led deals, enhancing system resiliency, and increasing local hiring to maintain business continuity.
More about Mphasis Limited
Mphasis Limited operates in the information technology industry, focusing on providing IT services and solutions. The company specializes in AI-led deals and has been reducing its reliance on H1B visas through local hiring, acquisitions, and partnerships.
Average Trading Volume: 13,781
Technical Sentiment Signal: Strong Buy
Current Market Cap: 569.2B INR
See more data about MPHASIS stock on TipRanks’ Stock Analysis page.