Mastek soars on entering into new business partnership with Dulsco
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Mastek is currently trading at Rs. 1680.20, up by 17.05 points or 1.03% from its previous closing of Rs. 1663.15 on the BSE.
The scrip opened at Rs. 1661.80 and has touched a high and low of Rs. 1700.20 and Rs. 1620.00 respectively. So far 6193 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3410.85 on 04-Apr-2022 and a 52 week low of Rs. 1492.00 on 18-Nov-2022.
Last one week high and low of the scrip stood at Rs. 1749.00 and Rs. 1619.90 respectively. The current market cap of the company is Rs. 5065.75 crore.
The promoters holding in the company stood at 37.27%, while Institutions and Non-Institutions held 17.15% and 45.58% respectively.
Mastek has entered into new business partnership with Dulsco, a people and environmental solutions company. Mastek will implement an integrated cloud platform to digitally transform Dulsco’s Finance, Enterprise Performance Management (EPM), Supply Chain, Customer Experience, Transportation and Human Capital Management (HCM) functions.
In a highly competitive workforce market, hiring at scale the right talent at the right place and time is an immense challenge. Mastek’s partnership with Dulsco will unify the latter’s disparate systems with a bestof-the-breed staffing and ERP solution, and bring in ultra-resilience for their vast customers. Mastek will digitally de-complex Dulsco’s back-office operations for sharper business insights, improved productivity, and enhanced business efficiency.
Mastek together with its subsidiaries, provides enterprise technology solutions and platforms for insurance, government, and financial services organizations worldwide.
