India's Mastek hits record high on tie-up with Netail

Mastek

28/02/2023 04:31

** Shares of Mastek Ltd  MAST.NS  rise as much as 3.6% to
record high of 1,694.7 rupees; highest intraday pct gain since
March 25, 2022
    ** Stock on track for three consecutive sessions of gains,
if trends hold
    ** Enterprise technology solutions provider announces
partnership with Netail Ltd to bring AI-led digital
transformation in retail & consumer industry
    ** Stock trading above 50-day and 100-day simple moving
averages
    ** About 30,744 shares change hands by 9:45 a.m. IST vs
30-day avg of 57,387 shares
    ** Of the five analysts covering stock, three have a "buy"
or "strong buy" rating, one has "hold", while one rate it at
"sell"; median PT is 2,180 rupees - Refinitiv data
    ** Stock down 4.3% so far this year, as of last close


 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com;))