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Mastek
SectorInformation Technology
Mastek Limited is a digital engineering and cloud transformation company founded in 1982. It provides enterprise technology solutions across various sectors including healthcare, retail, manufacturing, financial services, and government. The company operates in the US, Europe, Japan, and Asia Pacific, offering services such as application development and maintenance, business intelligence, data warehousing, testing, and legacy modernization. Mastek specializes in digital and application engineering, Oracle cloud and enterprise apps, digital commerce, and data automation with AI. Its GenAI portfolio, iConniX, offers AI assets and platforms for industry-specific use cases. In 2020, Mastek acquired Evolutionary Systems Private Limited, expanding its Oracle Cloud implementation capabilities. The company has also expanded into Canada and opened an office in Romania to strengthen its European presence. In 2022, Mastek acquired MST Solutions, a Salesforce consulting firm, and launched an Innovation Hub in Arizona.
In the news
Mastek shares surge 3% on Oracle cloud transformation deal
Mastek partners Innovaccer for AI healthcare solutions
Mastek Q1 profit jumps 15% to ₹106 cr, shares fall 4%
Mastek-Yanbu Cement partnership delivers 2x truck turnaround, ₹2100 crore backlog
Small-Cap Stocks Surge 99% in April as Mutual Fund Buying Continues
Wipro announces ₹15,000-crore buyback at ₹250/share amid Q4 profit dip
Power Stocks Hit 52-Week Highs: Strong Demand Drives Rally
Mastek Q4 profit drops 2% QoQ to ₹106.2 cr, declares ₹16 dividend
Mastek UK wins £49M biometrics contract from British Home Office
Company insights, generated from the most recent coverage.
Mutual funds increased stakes in Mastek in July, citing its specialized service offerings and mid-cap growth potential.