Sundaram Mutual Fund A/C sundaram Smile Fund has bought 1.43 lakh shares or 0.64% stake of Mastek through the open market route. The shares were purchased at an average price of Rs 201.84 valuing the transaction to Rs 2.89 crore.
Mastek is a high-end provider of vertically-focused enterprise technology solutions and platforms that unleash the optimum potential of its clients' business. Its vertical focus includes insurance (Life, Pensions and General), Government/Public Sector, and Financial Services sectors.
