01-01-1970 12:00 AM | Source: Accord Fintech
Mastek zooms on partnering with Netskope to accelerate Cloud Security Transformation Journey
News By Tags | #6748 #409 #1759 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Mastek is currently trading at Rs. 2149.60, up by 74.10 points or 3.57% from its previous closing of Rs. 2075.50 on the BSE.

The scrip opened at Rs. 2092.70 and has touched a high and low of Rs. 2160.00 and Rs. 2067.20 respectively. So far 2513 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3666.00 on 19-Oct-2021 and a 52 week low of Rs. 1851.00 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 2160.00 and Rs. 2001.05 respectively. The current market cap of the company is Rs. 6320.61 crore.

The promoters holding in the company stood at 37.30%, while Institutions and Non-Institutions held 13.27% and 49.43% respectively.

Netskope, the leader in Security Service Edge (SSE) and Zero Trust, has been selected by Mastek, the global turnkey Digital Engineering & Cloud Transformation specialist, as the company’s simplified, unified and secure connectivity platform for cloud applications and infrastructure. In line with Netskope’s core mission, Mastek aims to reduce its IT complexity, strengthen security and accelerate global delivery with a market leading provider.

Netskope will help Mastek deliver its work from anywhere initiative, facilitating secure access to the internet and SaaS applications as well as providing Identity-as-a-Service (IaaS) capabilities. It will allow Mastek’s employees to work on a zero-trust basis from any device and any location, improving the employee experience without compromising data security. In addition, Netskope will provide a unified view of all data flows, enhancing Mastek’s security posture and enabling better analytics to facilitate ongoing improvements to data management processes.

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