Mastek Share Price – 514 Percent Return In One Year! This Technology Share Did Wonders – The share of Mastek Ltd. has done wonders. If someone had invested Rs 1 lakh during this stock a year ago, it might became Rs 6.14 lakh today. it’s given a return of 514 percent to its investors within the stock exchange in one year.
Mastek Share Price – 514 Percent Return In One Year! This Technology Share Did Wonders
The share of Mastek Ltd. has done wonders. it’s given a return of 514 percent to its investors within the stock exchange in one year. Last year on July 20, the worth of this share was Rs 423.55. Now it’s increased to Rs 2,600 on 20 July 2021.
The stock rose 4.3 percent to succeed in an all-time high of Rs 2,600 on the BSE on Tuesday. the corporate had released its quarterly results on an equivalent day, which were excellent . However, the stock closed at Rs 2498.05 at the top of trading on Tuesday.
Company made good profit
The stock has gained 82 per cent within the last three months and 122 per cent since the start of this year. Its market cap has been Rs 6,313 crore.
The company has made a net income of Rs 69.30 crore within the quarter of June 2021. Earlier within the March quarter, the corporate had a profit of Rs 60.55 crore. the corporate has given a high Return on Capital Employed (ROCE) of 31.61%.
what does the corporate do
Mastek is a digital solutions provider. It provides Digital Transformation Specialists to its customers in about 41 countries including India. With the assistance of its e-solution, it helps in taking all government schemes to the homes of the people.