The shares of an IT company, specialzing in providing IT solutions, including software development, consulting, and digital transformation services jumped upto 4 percent upon receiving multiple work orders worth $85 million from a UK public service department. Price action With a market capitalization of Rs. 7,269.87 crores on Thursday, the shares of Mastek Limited jumped [...]
A bulk deal refers to a significant stock transaction in which a single investor buys or sells shares amounting to more than 0.5 percent of a company's total share capital. This type of deal can involve multiple investors and is executed during the regular trading hours of a stock exchange and must be reported publicly, [...]
Block and bulk deals involve large transactions executed on stock exchanges. A block deal is defined as a single trade involving at least 5 lakh shares, or a total transaction value of Rs. 10 crore or more. In contrast, a bulk deal is characterised by transactions involving more than 0.5 percent of a company's total [...]
The shares of the digital & cloud transformation specialist gained up to 15 percent after the company collaborated with NVIDIA to advance its icxPro platform. Mastek Ltd has a market capitalization of Rs 8,870.23 crore, the shares were trading in positive at Rs 2,874.35 crore, increasing around 11.24 percent as compared to the previous closing [...]
The shares of the enterprise technology solutions provider gained up to 6 percent after the company received a new deal to optimize its production processes using industrial IoT and Oracle Capabilities. With a market capitalization of Rs 8,365.75 crore, the shares of Mastek Ltd were trading at Rs 2,712.25 per share, increasing around 2.39 percent [...]
Shares of this small-cap IT stock surged 11 percent in Thursday’s trading session after the company emerged as a supplier in the Digital and IT Professional Services (DIPS) Framework of the UK’s Defence Ministry for various services. In the last six months, the company’s stock gained more than 20 percent for its holders. With a [...]
This S&P BSE 500 stock is India’s largest hospitality chain and has a market cap of Rs. 7,284 crore and rose around 2% within the first hour of markets open with volumes that are over 0.8x monthly average volumes. The stock gained after the company received a new contract from the UK Government. The stock [...]
The shares of a Leading Digital Engineering & Cloud Transformation provider gained 3 percent after the company announced its plan to acquire a US based AI firm BizAnalytica LLC. Mastek Ltd shares were trading at Rs 2,235 a share on the NSE at 12:10 p.m., up 64.05 Rs or 2.96 percent, with a market capitalization [...]
Shares of Mastek Limited opened their trading session at Rs 1,670 and currently trade at Rs 1,795. In comparison to the previous closing price of Rs 1,587.25, the stock has gained a whopping 13 percent. Such a movement in the stock prices today is observed after the company announced its results for FY22-23. Details of [...]