Mphasis shares rebound 2.4% post-earnings drop, driven by strong deal pipeline and upbeat broker targets despite margin pressures.

• Investec maintains "buy," raises target to ₹2,980; Nomura lifts TP to ₹2,760 with "neutral" rating.
• Stock leads Nifty IT despite index falling 0.9%; analysts see robust growth outlook ahead.
• MBFL is still down 5.6% YTD; the average analyst rating is "buy" with ₹2,950 median target.