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Mastek announced that the 41th Annual General Meeting (AGM) of the company will be held on 21 September 2023.

Mastek to conduct AGM

 Mastek has fixed 19 September 2023 as record date for payment of dividend. 

Mastek fixes record date for dividend 

Mastek announced that Mastek Inc. has completed the acquisition of 100% membership interest of BizAnalytica LLC in the USA. Accordingly, BizAnalytica LLC has become a wholly-owned subsidiary of Mastek Inc. Further, the Company has also paid the entire amount and completed the acquisition of the identified assets and liabilities including the business in terms of the Business Sale Agreement for the slump purchase fromBizAnalytica Solutions LLP, an Indian entity and India affiliate of BizAnalytica LLC, USA

Mastek completes acquisition of BizAnalytica LLC, USA 

Sharekhan is bullish on Mastek has recommended buy rating on the stock with a target price of Rs 2400 in its research report dated July 19, 2023.

Buy Mastek; target of Rs 2400: Sharekhan

In an exchange filing dated July 19, Mastek said  its wholly-owned step-down subsidiary, Mastek Inc, will acquire a 100 percent stake in BizAnalytica LLC.

Mastek gains on acquisition announcement of AI company

Mastek Consolidated June 2023 Net Sales at Rs 725.25 crore, up 27.18% Y-o-Y

Mastek Standalone June 2023 Net Sales at Rs 82.92 crore, up 17.73% Y-o-Y

Mphasis shares gained nearly 8 percent to settle at Rs 2,070 and formed strong bullish candlestick pattern on the daily timeframe with significantly higher volumes. The rally was seen after more than a month of consolidation, and the stock came back above 200-day EMA (Rs 2,012).

Trade Spotlight | Your trading strategy for Mastek, Mphasis, Medplus Health Services today

Mastek will hold a meeting of the Board of Directors of the Company on 19 July 2023.

Mastek to conduct board meeting

Elgi Equipments has formed robust bullish candlestick pattern on the daily scale with significantly higher volumes. In fact, the stock has seen not only downward sloping resistance trendline breakout but also Mother candle breakout on the daily charts.

Trade Spotlight | How to trade in Elgi Equipments, Muthoot Finance, Mastek today

Mastek Ltd. engages in the provision of enterprise technology solutions. Its portfolio includes business and technology services, including information technology consulting, application development, systems integration, application management outsourcing, testing, data warehousing and business intelligence, application security, and legacy modernisation. The company was founded by Ashank Datta Desai, Ketan Bansilal Mehta, Radhakrishnan Sundar and Venkatraman Ram Sudhakar on May 14, 1982 and is headquartered in Mumbai, India.

Watchers	119
52-Wk Low	1,475.10
52-Wk High	2,539.75

Market Cap	73.44B
Volume (M)	50,257.00
52-Wk High	2,539.75
52-Wk Low	1,475.10

Current Price	2,399.50
Prev Close	2,366.10
Open	2,378.00
Dividend Yield	1.23%
50-Day Moving Average	2,231.83
Beta	0.13
Avg. Volume	129,424.82
PE Ratio	25.39

52-Week High	2,539.75
52-Week Low	1,475.10
Market Capitalization	73.44B
EPS	94.49
Price to Book	4.35
Revenue Per Employee	4.83M
Enterprise Value/EBITDA	10.54

MASTEK.NSE Mastek Ltd.

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