IT stock in focus after it secures US patent for Quantum Prediction SystemIT stock in focus after it secures US patent for Quantum Prediction System

Introduction:

Leading IT solutions provider has been granted a U.S. patent for a system enhancing quantum machine learning efficiency by optimizing classical data processing on quantum computing systems.

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Share price movement of Mphasis:

On April 9, 2025, Mphasis Ltd opened at ₹2,100.50, down 3.19% from its previous close of ₹2,169.55. The stock hit a high of ₹2,152.00 (2.39%) and a low of ₹2,051.40. By 3:18 PM, it was trading at ₹2,117.75 with a market cap of ₹40,253.37 crore.

Mphasis Awarded U.S. Patent for Quantum Processing System:

Mphasis has received a U.S. patent for its system and method aimed at optimizing information processing on quantum systems. The patent supports improved scalability and performance for quantum machine learning applications.

The patented technology introduces a pipeline to convert high-dimensional classical data into quantum format, ensuring efficient state preparation and data mapping. It is designed for use on near-term quantum systems, including quantum simulators.

This method reduces qubit requirements, supports large feature sets and data volumes, and enhances convergence efficiency during quantum machine learning model training. The system is intended to improve quantum data analysis.

Recent news on Mphasis:

As of March 10, 2025, Mphasis Ltd partnered with cybersecurity firm SecPod to integrate the SanerNow CVEM platform, aiming to strengthen enterprise vulnerability management and enhance its cybersecurity service portfolio.

Stock performance of Mphasis for Period of 1 week, 6 months, and 1 year:

Mphasis Ltd delivered a -12.4% return over the past week. It declined by 24.6% in the past six months. The stock fell 11.7% over the past year.

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Shareholding pattern of Mphasis:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	40.20%	40.30%	40.40%
FII	20.80%	18.30%	18.30%
DII	34.60%	37.00%	36.00%
Public	4.40%	4.40%	5.40%

About Mphasis:

Mphasis Ltd (NSE: MPHASIS) delivers next-gen software and tech solutions, focusing on cloud, cognitive, and digital transformation with a customer-centric, sustainability-driven approach to serve global enterprises across diverse sectors.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.