Mastek is currently trading at Rs. 2371.70, up by 16.60 points or 0.70% from its previous closing of Rs. 2355.10 on the BSE.

The scrip opened at Rs. 2401.50 and has touched a high and low of Rs. 2401.50 and Rs. 2351.00 respectively. So far 1888 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 2535.10 on 07-Sep-2023 and a 52 week low of Rs. 1475.45 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 2460.85 and Rs. 2309.05 respectively. The current market cap of the company is Rs. 7218.31 crore.

The promoters holding in the company stood at 36.57%, while Institutions and Non-Institutions held 19.28% and 44.15% respectively.

Mastek has been awarded a three-year contract from the UK’s Government Digital Service (GDS). The three-year contract is valued at £8.5 million, with options available to extend to a total of five years. GOV.UK One Login is the UK government’s flagship digital programme, developing a single sign-on and identity checking solution for the government. There are currently more than 340 services on GOV.UK, with around 190 accounts accessed via 44 different sign-in routes. GOV.UK One Login aims to replace these with a single ubiquitous way for users to sign in and prove their identity. At scale, GOV.UK One Login will be the front door to accessing government services online and will be considered a Critical National Infrastructure.

Mastek, in collaboration with UK GDS will design, build, and operate the GOV.UK One Login Technical Service Desk (TSD). The TSD will serve as a single point of contact for resolving technical queries and issues 24X7. Mastek will design the TSD solution with proactive monitoring and alerting systems that support operational best practices.

Mastek together with its subsidiaries, provides enterprise technology solutions and platforms for insurance, government, and financial services organizations worldwide.