š Mastek Share Price Soars in Trading Session
In yesterday’s trading session, Mastek company’s shares were trading in an upper circuit of over 20%. However, today the stock is showing strong profitability. In February 2024, the company’s shares touched a 52-week high of ā¹3,147. On April 19, 2023, the company’s shares were trading at their lowest price level of ā¹1,561.05.
š Mastek Share Performance Over the Years
In 2001, the company’s shares were trading at ā¹40. Mastek company’s shares were trading at ā¹2,749.50 with a 1.60% decrease on Friday, April 19, 2024. Over the past 23 years, the company’s shares have earned their investors over 4,000% in profits.
š Mastek Recognized as Supplier for UK Ministry of Defence
Mastek was recently named as a supplier for Digital IT Professional Services by the UK Ministry of Defence. According to Mastek, the company has been nominated in Lot-1 solutions, enterprise and tech architecture, data innovation, tech assurance, and knowledge and information management in the Digital IT Professional Services framework.
š¤ Mastek’s Stakeholders and Business Expansion
The founders of Mastek hold a 36.26% stake in the company, while public sector investors hold 63.74% stake. Mastek has been a trusted supplier in the defence sector since 2017. The DIIPS framework provides a significant opportunity for capacity building in the defence sector.
Over the past six months, the company’s shares have returned 17% to investors. However, on a year-to-date basis, the company’s shares have seen a decline.
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