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Mastek expects less revenue from Capita; stock reacts

Mastek touched an intraday high of Rs 140.65 and an intraday low of Rs 133. At 10:02 hrs the share was quoting at Rs 140.50, up Rs 3.25, or 2.37%. The company expects less revenue from its partnership with Capita. It expects impact of 1.2-1.4 million pounds per quarter from Apr-June quarter, reports CNBC-TV18.

March 10, 2011 / 10:26 IST

Mastek touched an intraday high of Rs 140.65 and an intraday low of Rs 133. At 10:02 hrs the share was quoting at Rs 140.50, up Rs 3.25, or 2.37%.

The company expects less revenue from its partnership with Capita. It expects impact of 1.2-1.4 million pounds per quarter from Apr-June quarter. Management expects to make up for shortfall through business growth in the next 2 quarters, reports CNBC-TV18.
 
It was trading with volumes of 5,047 shares. In the previous trading session, the share closed down 0.18% or Rs 0.25 at Rs 137.25.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days137.05139.902.852.08
5-Days139.50139.900.400.29
7-Days139.50139.900.400.29
15-Days144.50139.90-4.60-3.18
1-Month142.75139.90-2.85-2.00
3-Month168.20139.90-28.30-16.83
6-Month254.55139.90-114.65-45.04
9-Month262.20139.90-122.30-46.64
1-Year365.35139.90-225.45-61.71

first published: Mar 10, 2011 10:09 am

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