SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Mastek’s arm sells its partial stake in Majesco

08 Jan 2020 Evaluate

Mastek’s material wholly owned subsidiary -- Mastek (UK) has sold its partial holding of 8,24,500 shares in Majesco, USA for cash consideration of $ 6.49 million, in the open market on NASDAQ on January 7, 2020. This will help the company to drive its growth strategy.

After the completion of the aforesaid partial stock sale, stake of the company in Majesco (USA) will stand reduced to 22,20,375 shares from existing 30,44,875 shares.

Mastek together with its subsidiaries provides enterprise technology solutions and platforms for insurance, government, and financial services organizations worldwide.

Mastek Share Price

1744.90 44.80 (2.64%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×