Mphasis Share Price Falls 5.4% on 19 June 2026 as Accenture Fall Triggers IT Sector Crash

Mphasis share price fell 5.38% to Rs 2210.9 on 19 June 2026, with an intraday low of Rs 2150.0, as the Accenture-triggered selloff swept across the Indian IT sector. Accenture crashed approximately 18% on Wall Street on 18 June after narrowing its FY2026 revenue growth forecast to 3-4% in local currency from 3-5%, sending Indian IT ADRs down 7-10% overnight and pushing Mphasis to its lowest level in recent months when markets opened on 19 June. The stock had closed at Rs 2336.6 on June 18 before the full impact of Accenture’s results became clear.

Click Here – Get Free Investment Predictions

Mphasis Share Price on 19 June 2026

Mphasis Data Point	Detail (19 June 2026)
Mphasis (NSE: MPHASIS)	Rs 2210.9 (-5.38%) | Open Rs 2174.7 | High Rs 2220.0 | Low Rs 2150.0
Previous Close (June 18, 2026)	Rs 2336.6
Change Today	Rs -125.7 (-5.38%)
52-Week High (approx)	Rs 3300
52-Week Low (approx; tested today)	Rs 2150
Market Cap (approx)	Rs ~Rs 41,000 crore
Accenture Trigger	ACN fell 18%; FY26 guidance cut 3-4% LC from 3-5%
Nifty IT Today	26,785 (-5.90%); Fresh 52-week low at 26,634

Why Mphasis Share Price Is Falling on 19 June 2026

The Accenture guidance cut is the immediate trigger for Mphasis’s decline today. But understanding why Mphasis is particularly in focus requires looking at its specific business profile and how it maps to the risks Accenture highlighted.

Use the Univest Screener to analyse Mphasis client concentration and valuation at current levels

1. Mphasis Is Highly Exposed to US Private Equity and FS Clients

Mphasis has a unique and concentrated client base that includes HP Enterprise (its largest client historically, now managed through a specific engagement structure), Blackstone-portfolio financial services companies, and other US private equity and banking clients. This concentration in the US financial services and private equity technology spending is precisely the segment Accenture flagged as cautious. Any pullback in deal volumes from PE-backed fintechs and US banks directly hits Mphasis’s revenue pipeline.

2. DXC Technology Partnership and Blackstone Ownership Context

Mphasis has a complex ownership and partnership structure involving DXC Technology as a major channel partner and Blackstone as a major shareholder. Changes in DXC’s business strategy or Blackstone’s portfolio companies’ IT spending priorities can create revenue volatility for Mphasis beyond the sector-wide signals. Today’s 5.38% decline partly reflects concerns that the Accenture warning about enterprise technology caution may translate into slower deal closures from Mphasis’s PE and financial services client network.

3. Mphasis Intraday Low of Rs 2,150 Is a Key Technical Level

Mphasis share price touched an intraday low of Rs 2,150 on June 19, a significant level that aligns with previous support zones during the 2026 IT correction. The stock had been trading in the Rs 2,200-2,500 range before today’s fall. A sustained break below Rs 2,150 could trigger further selling toward the Rs 2,000-2,100 zone. Investors tracking Mphasis should watch whether the stock can close above Rs 2,200 today as a sign of intraday stabilisation after the initial gap-down selling.

Download the Univest iOS App or Univest Android App to track Mphasis share price live and get IT sector updates on your phone.

Conclusion

Mphasis share price fell 5.38% to Rs 2210.9 on 19 June 2026, driven by the broad IT sector selloff after Accenture’s 18% fall on Wall Street. The stock touched an intraday low of Rs 2150.0 from a June 18 close of Rs 2336.6. The Nifty IT index itself fell to a fresh 52-week low of 26,634 today. Whether Mphasis recovers depends on the durability of the Accenture warning as a signal for all IT companies versus just US-federal-exposed players. Monitor deal wins and Q1 FY27 guidance. Consult a SEBI-registered financial advisor before investing.

Why is Mphasis share price falling today on 19 June 2026?

Ans. Mphasis share price fell 5.38% to Rs 2210.9 on 19 June 2026 because Accenture crashed approximately 18% on Wall Street on June 18 after narrowing its full-year FY2026 revenue growth guidance to 3-4% in local currency from 3-5%. Accenture’s guidance cut is widely treated as a bellwether for global enterprise IT spending. The weakness translated directly into Indian IT stocks at opening, with Mphasis gapping down sharply from its June 18 close of Rs 2336.6.

What is Mphasis share price today on 19 June 2026?

Ans. Mphasis share price (NSE: MPHASIS) is Rs 2210.9 on 19 June 2026 as of early morning trading, down 5.38% from the June 18 close of Rs 2336.6. The stock opened at Rs 2174.7, touched an intraday high of Rs 2220.0 and a low of Rs 2150.0. The 52-week high is approximately Rs 3300 and the 52-week low is approximately Rs 2150, suggesting today’s fall is testing or approaching the 52-week low end.

What was Accenture’s Q3 FY2026 result?

Ans. Accenture reported Q3 FY2026 revenue of $18.7 billion, up 3% in local currency. EPS came in at $3.80 per diluted share, up 9% year-on-year and above the consensus estimate of $3.71. However, the company narrowed its full-year FY2026 revenue growth forecast to 3-4% in local currency from 3-5%, citing approximately 1% headwind from US federal government business weakness. New bookings declined to $19.3 billion from $19.7 billion year-on-year. Accenture also announced $9 billion in cybersecurity acquisitions, including Dragos for $4.2 billion.

What is Mphasis’s revenue exposure to the US?

Ans. Mphasis derives a significant portion of its revenue from US clients, which is why Accenture’s guidance cut for US enterprise technology spending creates a direct negative read-through. For Mphasis, the US market represents the largest geography by revenue. The segments most exposed to Accenture’s warning are BFSI, manufacturing and retail, which are major verticals for Indian IT companies. Any slowdown in discretionary IT spending from US corporates would affect Mphasis’s deal pipeline in these segments.

Is Mphasis share price at a 52-week low today?

Ans. Mphasis share price at Rs 2210.9 with a day low of Rs 2150.0 is testing the lower end of its 52-week range. The 52-week high of approximately Rs 3300 was reached when IT sector sentiment was more positive in late 2025. The Nifty IT index itself hit a fresh 52-week low of 26,634 on June 19, down approximately 32% from its 52-week high of 39,530 (December 22, 2025). Mphasis shares have been under broad IT sector pressure since the January 2026 US-Iran conflict, US tariff concerns and persistent AI disruption narrative.

What is the market cap of Mphasis?

Ans. The market capitalisation of Mphasis (NSE: MPHASIS) is approximately Rs ~Rs 41,000 crore as of June 19, 2026, based on the current share price of Rs 2210.9. Mphasis is one of the major constituents of the Nifty IT index, which fell approximately 5.90% to 26,785 on June 19, 2026, a fresh 52-week low. The entire Nifty IT sector has seen a significant derating from its peak of 39,530 in December 2025 to current levels.

Will Mphasis share price recover after today’s fall?

Ans. Whether Mphasis share price recovers depends on whether Accenture’s guidance cut reflects a temporary or structural slowdown. The US federal government IT spending weakness cited by Accenture is somewhat specific to Accenture’s client mix. Mphasis has relatively lower US government exposure. However, the declining new bookings at Accenture signal a broader enterprise IT spending caution. Any recovery in Mphasis share price requires either a stabilisation in global IT demand signals or a company-specific deal win to restore confidence. Monitor Q1 FY27 guidance from Infosys and TCS in July.

Should I buy Mphasis at today’s lower price?

Ans. Whether to buy Mphasis share price at today’s Rs 2210.9 depends on your investment horizon and risk tolerance. The Accenture guidance cut has created a sector-wide selloff, but not all individual company outlooks are equally impacted. Mphasis’s own guidance (issued after Q4 FY26 results) would be more directly indicative of its specific trajectory than Accenture’s US-federal-driven revision. Long-term investors who believe AI will drive structural IT services demand growth may find today’s dip interesting, but near-term volatility is likely to persist. Consult a SEBI-registered financial advisor before investing.