Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Sep 04, 2024

Mastek Shareholders Offload Stake Worth Rs 475.63 crore

Mastek Shareholders Offload Stake Worth Rs 475.63 crore
Mastek office building in Mhape, Mumbai. (Source: Company)

Two shareholders of Mastek Ltd. sold stocks worth Rs 475.63 crore via a bulk deal on the BSE on Wednesday. 

Europacific Growth Fund sold 17.19 lakh shares or 5.57% stake, at Rs 2766.36 apiece, and Patronus Tradetech Llp sold 217 shares at Rs 2845.23 apiece. 

The company's sold the shares at a 4.76% and 2.05% discount, respectively, compared to Tuesday's close of Rs 2904.70.

The buyers were: 

  • Patronus Tradetech Llp, who bought 5.06 lakh shares or 1.64% stake, at Rs 2767.51 apiece. 

  • ICICI Prudential Mutual Fund bought 5 lakh shares or 1.62% stake. 

  • Ghisallo Master Fund Lp bought 2.27 lakh shares or 0.73% stake, at Rs 2751 apiece. 

Mastek is a digital and cloud transformation specialist. Shares of the company closed 2.58% lower at Rs 2829.80 per share, compared to a 0.32% decline in the NSE Nifty 50.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search