Mastek Share Price - 514 Percent Return In One Year! This Technology Share Did Wonders_Pic Credit Google

Mastek Share Price – 514 Percent Return In One Year! This Technology Share Did Wonders

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.

If someone had invested Rs 1 lakh during this stock a year ago, it might became Rs 6.14 lakh today. If you compare it with the Sensex, then during a year it’s increased only about 40 percent.

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%.

Tata Group Subsidiaries-This Tata Company Returns More Than 1100 %; Shares Worth So Much Now

what does the corporate do

Mastek isdigital 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.

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