Mastek climbs as its arm selected by Staffordshire County Council for Oracle Cloud upgrade
Mastek is currently trading at Rs. 1655.30, up by 30.30 points or 1.54% from its previous closing of Rs. 1625.00 on the BSE.
The scrip opened at Rs. 1629.95 and has touched a high and low of Rs. 1678.40 and Rs. 1615.00 respectively. So far 4063 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2367.90 on 17-Nov-2025 and a 52 week low of Rs. 1334.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1,678.40 and Rs. 1,565.80 respectively. The current market cap of the company is Rs. 5036.99 crore.
The promoters holding in the company stood at 35.76%, while Institutions and Non-Institutions held 27.31% and 36.93% respectively.
Mastek’s wholly-owned Subsidiary -- Mastek (UK) has been selected by Staffordshire County Council to deliver a significant Oracle Cloud transformation programme spanning Finance, Procurement, Human Resources and Payroll. Under the engagement, Mastek will use its ADOPT AI platform to deliver Oracle Cloud as the Council’s single, integrated platform for Finance, Procurement, HR and Payroll. The new environment will enable the Council to consolidate legacy systems, strengthen data governance, enhance employee experience and establish a modern digital foundation to support ongoing transformation.
As one of England's largest county councils, Staffordshire County Council serves more than 875,000 residents and delivers a broad range of essential public services across education, social care, highways and community services. Supporting these services requires efficient, resilient and future-ready corporate operations capable of adapting to evolving organisational and service delivery requirements.
The programme forms a key part of Staffordshire County Council's wider ambition to modernise its corporate services and establish a more agile, digitally enabled operating model. The council is focused on simplifying and standardising back-office processes, improving operational visibility and governance, reducing manual effort, and creating a scalable foundation capable of supporting future organisational change.
