Mastek trades jubilantly on reporting 67% rise in Q1 consolidated net profit

31 Jul 2020 Evaluate

Mastek is currently trading at Rs. 584.90, up by 61.70 points or 11.79% from its previous closing of Rs. 523.20 on the BSE.

The scrip opened at Rs. 526.90 and has touched a high and low of Rs. 592.00 and Rs. 508.70 respectively. So far 46714 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 592.00 on 31-Jul-2020 and a 52 week low of Rs. 170.05 on 27-Mar-2020.

Last one week high and low of the scrip stood at Rs. 592.00 and Rs. 469.00 respectively. The current market cap of the company is Rs. 1406.36 crore.

The promoters holding in the company stood at 45.10%, while Institutions and Non-Institutions held 21.08% and 33.83% respectively.

Mastek has reported net loss of Rs 1.90 crore for the quarter ended June 30, 2020 as against net profit of Rs 3.09 crore for the same quarter in the previous year. Total income of the company decreased 1.02% at Rs 47.66 crore for Q1FY21 as compared Rs 48.15 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 66.93% rise in its net profit attributable to owners at Rs 40.43 crore for the quarter ended June 30, 2020 as against Rs 24.22 crore for the same quarter in the previous year. Total income of the company increased by 59.40% at Rs 402.76 crore for Q1FY21 as compared Rs 252.67 crore for the corresponding quarter previous year.

Mastek Share Price

2559.95 46.75 (1.86%)
28-Mar-2024 16:01 View Price Chart
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