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Mastek receives income tax assessment order with ₹124 crore additions for FY23
Shares of Mastek Ltd ended at ₹1,685.00, down by ₹43.55, or 2.52%, on the BSE.
Mastek's UK subsidiary secures euro 15 million contract from UK financial regulator, FCA
Mastek said that its wholly owned subsidiary, Mastek UK, has secured a two-year contract with the UK's Financial Conduct Authority (FCA), valued at euro 15 million to support the client's Digital Delivery Hub (DDH).
Mastek arm wins £15 million digital contract from UK financial regulator
Mastek (UK) Ltd won a £15 million two-year contract from the UK's Financial Conduct Authority, to help scale and modernise the regulator’s digital platforms and processes.
Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.