Mastek

Good IT Share

Posted by : BAZEEGAR
Price when posted : BSE: Rs 248.90 ( 2.83 % ), NSE: Rs. 250.00 ( 3.61 % )

dear krishna007,

thx for your view..... ...

Good IT Share

Posted by : krishna007
Price when posted : BSE: Rs 248.90 ( 2.83 % ), NSE: Rs. 250.00 ( 3.61 % )

After long long wait now small IT shares are showing some momentum. The time has come now to pick great company and ride the bulll!

My pick is Mastek, Target Rs. 372 Stop Loss Rs. 222/-
Check out their excellent Order book.
Happy trading?investing all....

NSE Announcements on Mastek

Posted by : MMB Messenger
Price when posted : [Mastek - BSE:Rs. 193.00 NSE:Rs. 144.20 when posted]

Mastek Ltd has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

Insurance solutions

Posted by : AKS-UAE
Price when posted : BSE: Rs 172.95 ( 1.59 % ), NSE: Rs. 115.85 ( -19.38 % )

Thankyou very much for your feedback....

Insurance solutions

Posted by : goldenglow
Price when posted : BSE: Rs 170.25 ( -3.62 % ), NSE: Rs. 115.85 ( -19.38 % )

Dear AKS-UAE,

Mastek has been gaining ground mainly for a couple of reasons. One, it was too cheap to be ignored. second, it is relatively better off (see my earlier posts below).

In IT, Mastek is the best because:
- decent (honest) management team
- great cash flows and bank balances
- exposure to govt (recession-proof)
- cheap valuations
- high dividends (last year Rs 10 per share)
...

Insurance solutions

Posted by : goldenglow
Price when posted : BSE: Rs 170.25 ( -3.62 % ), NSE: Rs. 115.85 ( -19.38 % )

That is not correct. The IT sector is actually much better than other sectors. Here is why:
1. Most IT companies tend to be debt free
2. IT players are generally flush with cash
3. Margins of IT companies are very high, and even in a slowdown they will have better margins than what a manufacturing company has in good times!
4. The outlook is not as gloomy as you think.

So I say, stay with IT....

Mastek is a great buy because...

Posted by : goldenglow
Price when posted : BSE: Rs 170.25 ( -3.62 % ), NSE: Rs. 115.85 ( -19.38 % )

A couple of observations, first for those who seem to be sceptical of the IT sector. In the current scenario, IT companies are best placed.

IT companies have stronger balance sheets than in most other industries. In addition to being usually debt-free and flush with cash, a lot of these companies have not had their profit margins and earnings growth prospects decimated the way they have been in so much of the rest of the market.

Within IT, I think Mastek is the best.

Mastek is the best because:
- decent (honest) management team
- great cash flows and bank balances
- exposure to govt (recession-proof)
- cheap valuations
- high dividends (last year Rs 10 per share)


Buy it.
...

Insurance solutions

Posted by : 123sb
Price when posted : BSE: Rs 176.65 ( 8.37 % ), NSE: Rs. 115.85 ( -19.38 % )

Yesterday, it inched towards 10% increase from its previous close. Today, it`ll overcome its target of 200. Great buy at this price. Best midcap that will really rally when market moves and is a safe heaven when market moves southwards. Best IT stock that i`ve seen ever. Hence I would give a strong "Buy" for this stock.

Thanks,
123sb...

Insurance solutions

Posted by : 123sb
Price when posted : BSE: Rs 173.00 ( 6.13 % ), NSE: Rs. 115.85 ( -19.38 % )

It is the best IT midcap that will boom in coming trading sessions as told in Economic times. It is also the cheapest and Good EPS stock available among all the IT stocks. Hence all are buying for a great bang in this stock.

Thanks,
123sb...

NSE Announcements on Mastek

Posted by : MMB Messenger
Price when posted : [Mastek - BSE:Rs. 165.05 NSE:Rs. 144.20 when posted]

Mastek Ltd has informed the Exchange that the Board of Directors of the company at its meeting held on May 09, 2009 has considered and approved the acquisition of the entire business of Keystone Solutions Private Limited, a step down 100% subsidiary of the Company. Further, this transaction will have no impact on the Companys consolidated financials, and is being implemented to realize Cost efficiencies and Synergies....

Insurance solutions

Posted by : AKS-UAE
Price when posted : BSE: Rs 151.00 ( -1.05 % ), NSE: Rs. 115.85 ( -19.38 % )

Why people are buying MAstek ?
Is there any news, expectation ?
Would anyone share, please.
Regards

...

Insurance solutions

Posted by : Guest
Price when posted : BSE: Rs 151.00 ( -1.05 % ), NSE: Rs. 115.85 ( -19.38 % )

Mastek (NSE) Nalanda India Fund Limited BUY 1400000

Mastek (BSE) Nalanda India Fund Limited BUY 1288020
...

Insurance solutions

Posted by : AKS-UAE
Price when posted : BSE: Rs 151.00 ( 1.07 % ), NSE: Rs. 115.85 ( -19.38 % )

IT sector not worth to look now......

Insurance solutions

Posted by : Cool Bull
Price when posted : BSE: Rs 149.40 ( -1.16 % ), NSE: Rs. 115.85 ( -19.38 % )

Why? Give some rationale....

Insurance solutions

Posted by : AKS-UAE
Price when posted : BSE: Rs 151.00 ( -0.10 % ), NSE: Rs. 115.85 ( -19.38 % )

Avoid this stock as quickly as possible...