India's Mastek rises after winning new cloud platform business

Mastek

14/03/2023 07:38

** Shares of technology solutions provider Mastek Ltd  MAST.NS 
rise as much as 2.5% to 1,701.2 rupees, their largest intraday
pct climb since March 6
    ** Co said it won new business with Dulsco to implement a
cloud platform for the company
    ** Moving average convergence divergence line is above the
signal line, indicating bullish momentum
    ** Almost 79,000 shares traded as of 12:49 pm IST, 1.4X the
30-day moving average 
    ** Stock fell over 43% last year after two straight annual
gains

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com;))