India's MPS falls on lower quarterly profit

MPS

03/02/2026 05:38

**Shares of MPS MPSL.NS down 5.5% at 1,801 rupees

** Set to log biggest daily pct fall since April 2025

** Content solutions provider's Q3 consol profit drops 12.8%; consol revenue from ops falls 2.1%

** Dolat Capital ("Buy"; PT: 2,800 rupees) cuts FY26 revenue estimates by 4.2% but
largely retains for FY27-FY28 owing to co's acquisition of Unbound Medicine

** More than 34,180 shares traded so far vs 30-day avg of 24,597 shares

** YTD, stock down nearly 11%

(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))