IT Software sector company Mastek Ltd shares will grab the spotlight tomorrow after the company informed today that it has bagged multiple contracts worth USD 85 million from UK public service department. Mastek share price on Bombay Stock Exchange stood at Rs 2348.70 per share. The company has a market capitalisation of Rs 7,252.89 crore. Its return on equity is 12.98%. The BSE 500 stock plunged 22.32% year-to-date. In comparison, BSE Sensex declined 4.97% and BSE IT index fell 11.00%. In last 2-years, the scrip surged 41.21%. Check more details below:
Mastek Awarded Multiple Contracts
According to the press release issued as on February 26, 2025, “The contracts are an extension and expansion of the ongoing collaborations that support the transformation of the department’s Digital, Data, and Technology services, aligned to its strategic priorities. Mastek has a strong track record of driving digital transformations and delivering data-driven impact to citizens in the UK public service domain. With deep expertise in GovTech, Mastek enables government departments with greater autonomy, efficiency, and resilience. Through continued investment in the UK’s Critical National Important Services, Mastek plays a vital role in supporting essential services, including case management, data integration and management, in citizen services on secure AWS cloud infrastructure.”
Abhishek Singh, President of UKI & Europe, Mastek said “At Mastek, we are dedicated to providing secure and high-impact digital solutions that empower our customers to be self-resilient and future-ready. As a trusted technology partner, we remain committed to supporting citizen-centric critical services that align with evolving national priorities.”
Mastek Shares Performance
The 52-week high price of Mastek Ltd shares on BSE is Rs 3375.00 per share (as on 04/12/2024) and 52-week low price is Rs 2137.25 per share (as on 04/06/2024), respectively. Mastek shares slipped 21.72% in last 6-months and fell 21.21% in last 1-year. In last 5-years, Mastek stock offered gain of 466.50% and surged 1524.39% in last 10-years.
Mastek Dividend History
Mastek recommended a total of 38 dividends since September 12, 2003. In last 1-year, Mastek recommended an equity dividend amounting to Rs 19.00 per share. It offers a dividend yield of 0.80%, according to Trendlyne.
Mastek Bonus Share History
It declared bonus shares once in 2006. It declared bonus shares in the ratio of 1:1 with ex-bonus date set as March 27, 2006. It conducted 1:2 stock split in 2000 and traded ex-split on Oct 26, 2000.
About
Mastek is a global provider of enterprise AI, digital, and cloud services, enabling clients to achieve measurable and sustainable returns on their technology investments. The company has a presence in over 40 countries and a skilled workforce of more than 5,000 employees. Mastek partners with industry leaders such as Oracle, Salesforce, Microsoft, AWS, Snowflake, and Databricks, serving key sectors such as Public Sector, Healthcare, Retail, Manufacturing, Higher Education, and Financial Services.
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