Mastek has received an approval from the High Court of Bombay on December 2, 2011 for its proposed scheme of amalgamation of Keystone Solutions with Mastek and their respective shareholders and creditors.
The company reported a net loss of Rs 25.08 crore for the quarter as compared to a net loss of Rs 14.77 crore for the quarter ended September 30, 2010. Its total income has increased by 9.80% to Rs 98.56 crore for the quarter under review from Rs 89.76 crore for the similar quarter of the previous year.
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 reusable frameworks.
| Company Name | CMP |
|---|---|
| TCS | 2126.40 |
| Infosys | 1051.85 |
| HCL Tech. | 1129.80 |
| Wipro | 180.60 |
| Tech Mahindra | 1410.80 |
| View more.. | |
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