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MASTEK SHAREHOLDERS
Ashish Kacholia offloads stake in midcap IT stock, picks new smallcapKacholia first entered the stock in September 2020 by picking up a 2.9 per cent stake, Trendlyne data shows. In the June quarter, he had so...- Digital accounts for 80-82% of our revenue: John Owen, MastekBrexit is an opportunity for Mastek and it will not impact us in short term, says Mastek Group CEO.
- KPIT merger-demerger likely to unlock value for investorsBirlaSoft has over 4,000 employees & KPIT’s workforce was 12,211 at end of Dec 2017.
- LIC trims stake in Mastek by 3.09%LIC sold the stake between December 18, 2014 and December 11, 2017.
- Majesco makes decent debut, closes 5% higher over listing price; Mastek fallsMajesco, the demerged arm of Mastek, made a decent debut on the NSE, surging 5 per cent to settle at Rs 331.80.
- Mastek rallies over 40% in 5 trading session on potential value unlockingMastek Ltd rallied over 40 per cent in five trading session including Friday's rally of nearly 20 per cent.
- Mastek stock hits circuit for the third straight day on potential value unlockingThe current rally in the stock reflects investors' expectation of a strong potential to unlock value from the demerged insurance business.
- Mastek extends gains, up 5% on Cover-All Tech-Majesco merger deal; stock up 19% in 4 sessionsWednesday is the third consecutive trading session when the stock hit its upper circuit limit; the scrip has jumped over 19% in 4 sessions ...
- Mastek ends 5% higher as Cover-All shareholders to take a call on merger with MejescoIf Majesco succeeds in getting the approval, the combined entity will become a formidable player in the US mid-tier P&C market.
- Shareholders of Cover-All Technologies consider a possible merger with Majesco, US subsidiary of MastekIf Majesco succeeds in getting the approval, the combined entity will become a formidable player in the US mid-tier property.
- Mastek's arm Majesco to be listed on NYSE by July-end; what management saysMastek surged over 3 per cent in intraday trade, hitting an intraday high of Rs 398. The company expects Majesco to get listed by July-end.
- US acquisition deal gives Mastek valuation bounce: AnalysisThe stock of Mastek gained 20 per cent on Monday as investors rushed to take advantage of a huge gap between its current valuation and that...
- Majesco to merge with Cover-All Technologies; stocks up 20 per centMajesco has entered into a definitive merger agreement with Cover-All Technologies Inc in a 100 per cent stock-for-stock transaction,
- Aiming to create shareholder value for Mastek shareholders via merged entity: Farid Kazani, MastekCover-All is actually a P&C insurance company based out of the US and having revenues of $20 million.
- Mastek gains 34% in past week; to reap dividends on demerger plansThe stock of Mastek has gained 34% in the past week after the company announced that it would hive off its insurance business into a separa...
- Mastek shares zoom over 16% on demerger planMastek's stock ended 16.10% higher at Rs 272.25 on the BSE. During the day, it climbed 19.27% to Rs 279.70, its 52-week high.
- Mastek to demerge, and list, its insurance businessMastek has been focusing on growing its insurance vertical with a strong base in products and intellectual property.
- Buyback news boosts MastekShares of Mastek surged to a 52-week high of Rs 419 on Friday, after the company announced a plan to buy back shares at a maximum of Rs 750...
- Mastek sets sights on buyouts in US, UKMastek is in talks with target companies and has sought shareholder approval to raise Rs 150 crore overseas.
- Mastek acquires US companyMumbai-based software company Mastek Ltd announced that it has acquired 90 per cent stake in US-based Vector Insurance Services LLC for nea...
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