Mastek surges on reporting stellar Q3 numbers

29 Apr 2013 Evaluate

Mastek is currently trading at Rs. 137.10, up by 1.00 points or 0.73% from its previous closing of Rs. 136.10 on the BSE.

The scrip opened at Rs. 133.70 and has touched a high and low of Rs. 137.75 and Rs. 133.70 respectively. So far 10234 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 185.10 on 17-Aug-2012 and a 52 week low of Rs. 88.00 on 23-May-2012.

Last one week high and low of the scrip stood at Rs. 144.10 and Rs. 122.25 respectively. The current market cap of the company is Rs. 337.91 crore.

The promoters holding in the company stood at 46.70% while Institutions and Non-Institutions held 24.60% and 28.70% respectively.

Mastek has reported results for the third quarter ended March 31, 2013.

The company has reported rise of 63.85% in its net profit at Rs 9.11 crore for the quarter ended March 31, 2013 as compared to Rs 5.56 crore for the same quarter in the previous year. Total income from operation of the company has increased by 17.26% at Rs 135.17 crore for quarter under review as compared to Rs 115.27 crore for the quarter ended March 31, 2012.

On consolidated basis, the group has reported a surge of 187.52% in its net profit at Rs 20.27 crore in quarter under review as compared to Rs 7.05 crore in same period previous year. Total income from operation on consolidated basis has increased 22.96% to Rs 229.51 crore as against Rs 186.65 crore in a year ago period.

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.

Mastek Share Price

2746.00 -10.10 (-0.37%)
12-Jun-2024 16:01 View Price Chart
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