Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

Mastek Ltd Performance

Today's Low
2,680.00
arrowIcon
Today's High
2,796.75
52 Wk Low
1,626.00
arrowIcon
52 Wk High
3,145.00


Open

2794.15

Traded Value (Cr)

33.23 Cr

Prev. Close

2794.15

VWAP

2751.28

Volume

7,41,955

Face Value

5

Mastek Ltd Fundamentals

Market Cap
₹ 8,144 Cr
P/E Ratio (TTM)
28.76
P/B Ratio
4.45
Debt to Equity
0.28
ROE
15.04 %
EPS (TTM)
91.82
Dividend Yield
0.71%
Book Value
593.53

Click here to know more about Fundamentals

Mastek Ltd Financials

Mastek Ltd Financials

Mastek Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 36.26 % 36.47 % 36.50 % 36.57 %
Retail 30.30 % 30.79 % 31.47 % 32.63 %
Others 16.93 % 17.03 % 16.69 % 16.25 %
FII 14.40 % 14.10 % 13.93 % 13.42 %
Mutual Funds 2.11 % 1.61 % 1.40 % 1.12 %

Promoters

36.26%

Retail

30.30%

Others

16.93%

FII

14.40%

Mutual Funds

2.11%

Promoters

36.47%

Retail

30.79%

Others

17.03%

FII

14.10%

Mutual Funds

1.61%

Promoters

36.50%

Retail

31.47%

Others

16.69%

FII

13.93%

Mutual Funds

1.40%

Promoters

36.57%

Retail

32.63%

Others

16.25%

FII

13.42%

Mutual Funds

1.12%

Resistance and Support

₹2,649.90

PIVOT

resistance-arrow
Resistance
First Resistance₹2,678.800
Second Resistance₹2,703.900
Third Resistance₹2,732.800
support-arrow
Support
First Resistance₹2,624.800
Second Resistance₹2,595.900
Third Resistance₹2,570.800
RSI63.074
MACD19.886
ADX41.286
CCI152.592

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day741,95534,45127.99
Week218,25360,40049.69
1 Month79,68030,15348.88
6 Months741,955147,01319.81

About Mastek Ltd

Mastek Limited is a trusted and Turnkey Digital Engineering and Cloud Transformation Partner that delivers innovative solutions and business outcomes for clients across industry verticals including Healthcare and Life Sciences, Retail, Manufacturing, Financial Services and Government/ Public Sector. The Company enable customer success and business change programmes by partnering with enterprises to unlock the power of data, modernize applications to cloud, and accelerate digital advantage for all stakeholders. Mastek Limited was incorporated on 14th May 1982, with its principal offshore delivery facility based at Mumbai, India; Mastek operates across the US, Europe, Japan and Asia Pacific regions, also has been at the forefront of technology, which along with proven methodologies and processes, increase IT value generation to its customers through onsite and offshore deliveries. Mastek was the first Company in India to create software products during the year 1985. In 1989, the company had introduced Relational Database Management System (RDBMS) in India; it was the first of its kind. To work additionally, a subsidiary company in Singapore was established in the year 1990. Mastek was the first company developed Enterprise Resource Planning in India during the year 1992 and in the same year, the Mastek USA was founded. One more subsidiary company was incorporated under the company's control in Malaysia during the year 1994. The Company made its footprint in UK and also formed a subsidiary in Germany in the year 1996 and 1999 respectively. Mastek assessed at People Capability Maturity Model (P-CMM) Level 3 in the year 2000. In the year 2002, the company's state-of-the-art campus was launched in Millennium Park at New Bombay. One of the world's largest Dot Net project London Congestion Charging of the company was goes live in the year 2003. Also in the same year, Mastek awarded the Best Solution developed on .NET by an Indian SI'. During the year 2005, the company had signed the memorandum of agreement to acquire 15.5 acres of land at Mahindra City in Chennai. Mastek group's first development centre outside Maharashtra, India, Launched its largest development centre outside Mumbai in Pune in the identical year of 2005. Mastek had attained the position, among top 15 Indian IT companies as per NASSCOM survey in the year 2006. In the year 2007, the company's launched its development centre at Chennai and also a new building was commissioned at Millennium Park campus at New Bombay. In July of the year 2007, Mastek had acquired insurance-focused IT Company Vector Insurance Services. During the same year of 2007, Mastek credited as the first to ride the third wave of Indian IT and obtained Level 3 of CMMI version 1.2. Mastek had ranked in the top 50 global outsourcing providers in The Black Book of Outsourcing published by the Brown-Wilson Group of the year 2007. The Company had acquired Systems Task Group (STG) International Ltd in March 2008, an IP-based enterprise solutions provider to the North American property and casualty (P&C) insurance industry. The Company has been ranked among the 'Top 20' among the leaders of 'Global Outsourcing 100 Companies 2008' by the International Association of Outsourcing Professionals, published in Fortune magazine in May of the year 2008. In July of the year 2008, Mastek had revised its agreement with Capita Life & Pensions to expand its licence and service arrangement for the Elixir software to support the customer base of Capita's growing, market leading Business Process Outsource (BPO) operations in the UK Life & Pensions market. In FY 2011-12, Hon'ble Bombay High Court vide its Order dated December 2, 2011 and Gujarat High Court vide Order dated July 7, 2011 had approved Merger of Keystone Solutions India Private Limited, a step down subsidiary with the Company, being appointed date of the Merger Scheme, July 01, 2011. The Board of Directors of the Company in their meeting held on 15 September 2014, had approved demerger of Insurance Products and Services business of the Company, into a new Company, Minefields Computer Limited to be renamed as Majesco Limited, to be followed by transfer of Majesco India of the Offshore Insurance Operations business in India to Majesco Software and Solutions India Private Limited (MSSIPL). During the year 2014-15, Company sold its entire shareholding in Mastek Asia Pacific Pte. Ltd. to Majesco Sdn. Bhd, Malaysia for a consideration of SGD 380,000 and consequently, Mastek Asia Pacific Pte. Ltd. ceased to be a Subsidiary of the Company effective, October 31, 2015. The Company increased 37 new clients during the year, totaling up to 157 clients for the FY 2018-2019. It had 2 direct wholly owned subsidiaries and 4 step down subsidiaries as at 31 March, 2019. During the year 2019-2020, TAIS Tech LLC has been merged with Trans American Information Systems Inc. USA, step down subsidiary of the Company. Accordingly, TAIS Tech LLC now cease to exist effective December 31, 2019. Further, on April 30, 2020 a new entity i.e. Mastek Digital Inc. at Canada has been incorporated as wholly owned subsidiary of Mastek Inc. On February 8, 2020, Company acquired Evolutionary Systems Private Limited (Evosys), a leading Oracle Cloud implementation and consultancy company, that has served more than 1,000 Oracle Cloud customers. It expanded customer base to 30. As on March 31, 2020, Company has 20 Subsidiary Companies, which increased due to acquisition of Evosys Group Companies. As on March 31, 2021, the Company had 21 Subsidiary Companies. During the year 2021, Company increased 10 non-retail customers to support them in their digital transformation journey. It formed alliances and partnerships which opened up opportunities. It expanded base to Canada, enabling to serve Canadian customers while expanding the talent work force. During the year 2022, Company launched Cloud Enhancement Service (CES) offerings providing significant ROI to its customers. It secured the first deal for Canadian entity with a leading Healthcare service provider. It secured largest co-sell deal encompassing front-to-back-office transformation through their Oracle and Salesforce solutions (Acosta). It opened a new office in Bucuresti, Romania which will help strengthen our footprints in the European market and serve as a foundational step towards opening more nearshore delivery centres, closer to the UK market. During the year 2022-23, the Company acquired MST Solutions, i.e., MetaSoftTech Solutions LLC, US entity and Meta Soft Tech Systems Private Limited, Indian entity, a Salesforce consulting firm, in July 2022, which later on became the subsidiaries of the Company. It launched an Innovation Hub in Arizona that provides services such as Oracle, Salesforce, ServiceNow.

Managing Director

Founded

1982

NSE Symbol

MASTEK

Mastek Ltd Management

NameDesignation
Ashank DesaiChairman / Executive Director
Ketan MehtaNon-Exec & Non-Independent Dir
Priti RaoIndependent Non Exe. Director
Rajeev Kumar GroverIndependent Non Exe. Director
Suresh Choithram VaswaniIndependent Non Exe. Director
Umang NahataIndependent Non Exe. Director

Mastek Ltd News

Mastek revises board meeting date
To 26 April 2024
Mastek named a supplier on UK's MoD's DIPS framework
Mastek Ltd leads gainers in 'A' group
Just Dial Ltd, Suryoday Small Finance Bank Ltd, Techno Electric & Engineering Company Ltd and Aarti Pharmalabs Ltd are among the other gainers in the BSE's 'A' group today, 18 April 2024.
Mastek to table results
On 18 April 2024
Board of Mastek recommends interim dividend
Of Rs 7 per share
Mastek consolidated net profit rises 17.36% in the December 2023 quarter
Sales rise 19.07% to Rs 784.27 crore
Mastek hits 52 week high after Q3 PAT climbs to Rs 78 cr
The IT company's consolidated net profit jumped 19.07% to Rs 77.74 crore on 2.45% increase in revenue from operations to Rs 784.27 crore in Q3 FY24 over Q2 FY24.
Board of Mastek approves in-principle to incorporate subsidiary in Riyadh
At meeting held on 18 January 2024
Mastek fixes record date for interim dividend
Record date is 27 January 2024
Mastek to hold board meeting
On 18 January 2024

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
TCS₹ 13,84,352 Cr
₹ 3,826.20
(-0.93 %)
31.27
INFY₹ 5,85,791 Cr
₹ 1,411.25
(-0.56 %)
21.52
HCLTECH₹ 3,92,803 Cr
₹ 1,447.50
(-1.32 %)
33.42
WIPRO₹ 2,36,573 Cr
₹ 452.75
(1.89 %)
26.48
LTIM₹ 1,38,028 Cr
₹ 4,660.55
(-0.78 %)
30.79

Mastek Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Mastek Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Mastek Ltd's share price is ₹2,699.55 as of April 19, 2024

Mastek Ltd's P/E ratio is 28.76 times as of April 19, 2024.

Mastek Ltd's most recent financial reports indicate a price-to-book ratio of 4.45, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Mastek Ltd's market is 8,144 Cr as on April 19, 2024.

The current financial records of Mastek Ltd show a 15.04% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Mastek Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Mastek Ltd's 52-week high and low as of April 19, 2024 are ₹2796.75 and ₹2680 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Mastek Ltd stands at 36.26%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 14.10% to 14.40%.