A combined 3.46 million equity shares representing 11 per cent of total equity of Mastek have changed hands on the NSE and BSE till 02:49 PM
However, thus far in the calendar year 2025, the BSE Smallcap index has underperformed the market by falling 20%, as against 14% decline in BSE Midcap index and 4% drop in BSE Sensex.
Mastek share price: The stock snapped its five-day losing streak, having fallen 12.32 per cent during the period
The warning letter was for not identifying a transaction as Unpublished Price Sensitive Information (UPSI) involving acquisition of a US-based entity by a subsidiary of the company in the US
Shares of Aegis Logistics, JK Lakshmic Cement, Mastek, Deepak Fertlisers and Karur Vysya Bank are looking weak on the technical charts; hence may witness a downward trend in the near-term.
Vijaya Diagnostic is placed above all important moving averages. Stock has entered in to bullish momentum zone
Financial services company Capital Group on Tuesday divested a 1.7 per cent stake in IT firm Mastek for over Rs 148 crore through an open market transaction. According to the bulk deal data available on the BSE, US-based Capital group through its arm SmallCap World Fund Inc offloaded 5.30 lakh shares, amounting to a 1.7 per cent stake in Mastek. The shares were sold at an average price of Rs 2,801.68 apiece, taking the deal value to Rs 148.49 crore. After the share sale, Capital group's holding in Mastek has come down to 6.24 per cent from 7.94 per cent. Meanwhile, Aalidhra Textool Engineers bought 2 lakh shares of the company at an average price of Rs 2,800.81 per piece. This took the deal value to Rs 56.01 crore. Details of the other buyers of Mastek's shares could not be ascertained. Shares of Mastek rose 4.65 per cent to close at Rs 2,904.25 apiece on the BSE.
ACE is seen testing its 200-DMA after 2 years, while TMB after 5 months; rest of the smallcap stocks were consolidating around the 200-DMA for more than a month now; check bullish, bearish stocks here
Financial services company Capital Group on Wednesday sold a 5.6 per cent stake in Mastek for over Rs 475 crore through open market transactions while ICICI Prudential Mutual Fund picked up a stake in the IT services company. Los Angeles-headquartered Capital Group through its affiliate EuroPacific Growth Fund offloaded 17,19,117 shares, amounting to a 5.6 per cent stake in Mastek Ltd, as per the bulk deal data available on the BSE. The shares were disposed of at an average price of Rs 2,766.36 apiece, taking the transaction value to Rs 475.57 crore. Patronus Tradetech also sold 217 shares of Mastek at Rs 2,845.23 per piece. ICICI Prudential Mutual Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP acquired a total of 12.34 lakh shares of Mastek in the price range varying from Rs 2,751-2,767.51 apiece, taking the combined transaction value to Rs 340.40 crore. Details of the buyers of Mastek's shares could not be identified. Shares of Mastek declined 4.67 per cent to end at
Shares of Mastek fell as much as 4.4 per cent at Rs 2,693 per share on the BSE in Thursday's intraday deals
The company informed the stock exchange that it has advanced its icxPro platform with NVIDIA AI Enterprise to boost customer experience (CX) solutions powered by AI.
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Mastek shares have soared 23.63 per cent in the last six months, outperforming S&P BSE 500 index, which zoomed 18.35 per cent during the same period
The Nifty IT index as underperformed the benchmark Nifty 50 so far this year. Will the upcoming Q4 results revive sentiment at these counters? Charts suggest that these 4 IT stocks look promising.
According to the technical analyst, Mastek is placed above its 20, 50 and 100 days EMA, while CCL Products' indicators and oscillators have turned bullish on daily and weekly charts
According to the technical analyst, Mastek resumed its uptrend after running correction from recent swing high, whereas shares of Metro Brands broke out from multi-week consolidation
CLOSING BELL: The S&P BSE Sensex was up 65 points, while the Nifty 50 added six points. Tata Motors, NTPC, Asian Paints, SBI and Bharti Airtel were the prominent gainers.
Healthy growth during the quarter was fueled by strong in-quarter execution and demand for Digital Engineering, Experience, and Cloud Transformation services.
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