Mastek to consider payment of interim dividend

India Infoline News Service | Mumbai | October 18, 2016 08:53 IST

The company will announce its Q2 numbers today.

Mastek Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on October 18, 2016, to recommend payment of Interim Dividend. The company will announce its Q2 numbers today.

Stock Commentary:

Mastek Ltd ended at Rs 133, up by Rs 2.85 or 2.19% from its previous closing of Rs 130.15 on the BSE.

The scrip opened at Rs 131.1 and touched a high and low of Rs 133.5 and Rs 131.1 respectively. A total of 32359(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 308.9 crore.

The BSE group 'B' stock of face value Rs 5 touched a 52 week high of Rs 211.4 on 01-Dec-2015 and a 52 week low of Rs 104.7 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs 135.5 and Rs 128.9 respectively.

The promoters holding in the company stood at 49.51 % while Institutions and Non-Institutions held 12.51 % and 37.98 % respectively.

The stock traded above its 200 DMA.

***Note: This is a NSE Chart



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