May 11, 2018 / 5:27 AM / 12 days ago

BUZZ-India's Mphasis hits record on strong results

** Shares of Mphasis Ltd jumps nearly 13 pct to their all-time high of 1,123.80 rupees

** Stock posts biggest intraday pct gain since April 6

** IT services provider reported a 29 pct jump in March qtr consol profit

** Strong Q4 results and constructive outlook for FY19 - Morgan Stanley

** MS retains ‘overweight’ on stock with TP of 920 rupees

** Stock has risen 37 pct this year up to Thursday

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