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Mastek share price snaps 5-day losing run, surges 19% on heavy volumes

Business Standard LogoBusiness Standard9h ago

Mastek share price snaps 5-day losing run, surges 19% on heavy volumes - Business Standard

Quick Summary:

Mastek share price: The stock snapped its five-day losing streak, having fallen 12.

However, Mastek's Y-o-Y revenue growth moderated to 10.6 per cent (USD terms) to $303.7 million in 9MFY25.

His strategy, as per a HDFC Securities report, emphasises leveraging the robust momentum in the UK market, aiming for mid-teens growth through increased digital spending in healthcare (NHS) and defence, and expanding within the home office department.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 14:35:12 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 803 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27143324

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 285 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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