09-07-2023 11:14 AM | Source: Accord Fintech
Mastek surges on partnering with Restek Corporation
News By Tags | #409 #1759 #572

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Mastek is currently trading at Rs. 2517.20, up by 35.70 points or 1.44% from its previous closing of Rs. 2481.50 on the BSE.

The scrip opened at Rs. 2485.00 and has touched a high and low of Rs. 2524.50 and Rs. 2485.00 respectively. So far 3259 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2,524.50 on 7-Sep-2023 and a 52 week low of Rs. 1475.45 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 2524.50 and Rs. 2305.05 respectively. The current market cap of the company is Rs. 7700.82 crore.

The promoters holding in the company stood at 36.57%, while Institutions and Non-Institutions held 19.28% and 44.15% respectively.

Mastek has partnered with Restek Corporation, a leading player in the analytical industry. The partnership signifies a milestone as Restek transforms its global online experience through a modernized e-commerce and content delivery platform. 

Headquartered in central Pennsylvania and with a global network of offices and distributors, Restek Corporation partners with scientists in environmental, food, clinical, cannabis and other labs to provide the chromatography products and technical expertise they need to generate quality data. Through Mastek's implementation of Oracle solutions, such as Oracle Commerce Cloud (OCC), Oracle Configure Price Quote (CPQ), and Oracle Content Management (OCM), Restek has replaced the systems serving up its global Restek.com website, enabling streamlined operations and superior customer engagement. The collaborative effort has resulted in a seamless integration of cutting-edge technologies and cloud solutions. 

Mastek together with its subsidiaries, provides enterprise technology solutions and platforms for insurance, government, and financial services organizations worldwide