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Mastek gains on reporting over two fold rise in Q4 consolidated net profit

21 Apr 2017 Evaluate

Mastek is currently trading at Rs. 241.20, up by 2.75 points or 1.15% from its previous closing of Rs. 238.45 on the BSE.

The scrip opened at Rs. 238.85 and has touched a high and low of Rs. 245.00 and Rs. 237.30 respectively. So far 17,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 245.00 on 21-Apr-2017 and a 52 week low of Rs. 108.65 on 30-Sep-2016.

Last one week high and low of the scrip stood at Rs. 245.00 and Rs. 210.80 respectively. The current market cap of the company is Rs. 558.96 crore.

The promoters holding in the company stood at 49.22%, while Institutions and Non-Institutions held 15.73% and 35.04% respectively.

The company has reported a net profit at Rs 5.83 crore for the quarter ended March 31, 2017 as compared to net loss of Rs 2.30 crore for the same quarter in the previous year. However, total income of the company has decreased by 56.89% at Rs 37.02 crore for quarter under review as compared to Rs 85.87 crore for the quarter ended March 31, 2016.

On consolidated basis, the company has posted over two fold rise in its net profit after tax, minority interest and share of profit of associates at Rs 14.45 crore for the quarter ended March 31, 2017 as compared to Rs 5.86 crore for the same quarter in the previous year. Total income of the company has increased by 42.80% at Rs 182.19 crore for quarter under review as compared to Rs 127.58 crore for the quarter ended March 31, 2016. 



Mastek Share Price

1612.65 45.55 (2.91%)
02-Jul-2026 16:59 View Price Chart
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