Mastek moves up on entering into strategic partnership with Netail

Mastek is currently trading at Rs. 1668.20, up by 31.80 points or 1.94% from its previous closing of Rs. 1636.40 on the BSE.


The scrip opened at Rs. 1661.95 and has touched a high and low of Rs. 1693.35 and Rs. 1618.55 respectively. So far 4951 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. 1728.95 and Rs. 1610.95 respectively. The current market cap of the company is Rs. 5142.01 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 strategic partnership with Netail to help e-Commerce and Omni-channel retailers optimize their retail value-chain and thereby attract, convert, and retain digital consumers.

Mastek’s deep expertise in digital commerce & data analytics forged with Netail’s breakthrough AI technology that powers key decisions across assortment, pricing & customer engagement will devise a synergized retail solution. The combined retail expertise of Mastek and Netail will empower online retailers with personalized merchandising, a better understanding of consumer behavior, efficient user experience, flexible assortment strategy, and real-time market visibility.

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

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