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
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).
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.