Mastek Ltd.

Mastek is currently trading at Rs. 815.20, up by 7.85 points or 0.97% from its previous closing of Rs. 807.35 on the BSE.

The scrip opened at Rs. 825.00 and has touched a high and low of Rs. 825.00 and Rs. 804.10 respectively. So far 1511 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 929.00 on 07-Oct-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. 887.50 and Rs. 770.10 respectively. The current market cap of the company is Rs. 2000.84 crore.

The promoters holding in the company stood at 44.82%, while Institutions and Non-Institutions held 20.87% and 34.31% respectively.

Mastek’s material wholly-owned subsidiary -- Mastek (UK) who was holding 20,18,192 stocks in Majesco (USA) , has tendered its entire stake with the Acquirer of Majesco (USA) for cash, and has received the consideration aggregating to $32.30 Million on October 19, 2020. The said amount will help Mastek (UK) to drive its growth strategy and reduce the borrowings.

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