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Bajaj Allianz Life Insurance sells 400,000 shares of Mastek

10 Dec 2012 Evaluate

Bajaj Allianz Life Insurance Company has sold 400,000 shares of Mastek in an open market transaction. The shares were sold at Rs 152 a piece on National Stock Exchange (NSE) on December 07, 2012.

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. The company has a formidable track record in these sectors as well as intellectual property and re-usable frameworks.

Peers
Company Name CMP
TCS 2354.45
Infosys 1111.00
HCL Technologies 1363.30
Wipro 173.70
Tech Mahindra 1648.70
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