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 eyes 900 crore revenue in current fiscal year"Our annual revenue earning from the US insurance market last year was at around $ 63 million," director-marketing Ketan Mehta said.
- Mastek posts loss of Rs 27 cr in September qtr
IT firm Mastek today posted a consolidated net loss of Rs 27 crore for the quarter ended September 30, 2011.
- Mastek shares jump 16 pc on acquisition of SEG Software assets
Sudhakar Ram, CMD & CEO, Mastek said they are not buying the US firm. They are only buying the assets and the IP of the company.
- Mastek buys assets of SEG Software
Mumbai-based mid-sized IT firm Mastek has acquired the assets of American firm SEG Software for an undisclosed amount.
- Genpact, Mastek to offer insurance solutions in US
Genpact has partnered with IT firm Mastek to jointly offer solutions for the insurance industry in the first such alliance in the Indian ou...
- IT firm Mastek is tapping Asia again
IT firm Mastek hopes to be second-time lucky in the Asian region. The Mumbai-based firm, which burnt its fingers during the Asian crisis in...
Mastek asks 425 staff to resign or get trained with nominal salaryMumbai-based IT firm Mastek has given 425 employees the option to resign or stay with the company and receive training.
- Mastek makes second insurance acquisition in US
Mastek, a leading IT solutions player with global operations providing new technology and IP-led enterprise solutions to insurance, governm...
- Mastek acquires North American co for $29 mn
Mastek has acquired the Systems Task Group International, an IP-based enterprise solutions provider to the North American property and casu...
- Buyback news boosts Mastek
Shares 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 plans to shift focus to Indian biz
The domestic IT market is luring more large IT players and multinationals. Soon after Infosys.
- Mastek gets a fresh team at the top
Mastek says it has formed a new senior management for its India and US businesses to implement expansion plans.
- Mastek acquires US-based LLC (Vector) for $9 mn
IT solutions provider Mastek Ltd announced the acquisition of US-based Vector Insurance Services LLC (Vector) for $9 million.
- Mastek net profit rises 41%
Mumbai-based software services firm, Mastek reported a net profit of Rs 21.2 crore for the first quarter ending September 30, ’06, a 2.91% ...
- Mastek net up 19% in Q4
Mumbai-based software services firm Mastek on Monday reported a net profit of Rs 20.6 crore for the fourth quarter ending June 30, ’06 a gr...