Tata Mutual Fund decreased its stake in Mastek Limited from 2.49% to 2.17% by selling 1,00,000 shares. The value of the sold shares was ₹17.32 crore, at an average price of ₹1731.60 per share.
A vertically-focused enterprise technology solutions provider, Mastek delivers digital transformation services to clients across banking, insurance, healthcare, and other industries. Established in 1982, the company has evolved from a traditional IT solutions provider into a comprehensive digital transformation partner over nearly four decades of operations. Its core offerings include software development, application modernization, cloud migration, and sector-specific consulting services designed to address complex business challenges.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.
