Oct 27, 2017

Mastek Ltd - a perfect value and growth stock

Mastek Ltd is into IT services. It mostly do businesses in India, USA and UK. Here is summary according to Google Finance

The Company and its subsidiaries are providers of vertically focused enterprise technology solutions. The Company's segments include UK, North America and Others. The Company's portfolio includes business and technology services, which consists of IT consulting, application development, systems integration, application management outsourcing, testing, data warehousing and business intelligence, application security, customer relationship management (CRM) services and legacy modernization. The Company specializes in developing, maintaining and managing digital solutions for clients in government, health, retail and financial services.

Mastek Ltd is running through its subsidiaries "Digility" in USA.

CMP: Rs 325.

For now, not much to write.

It was in watchlist and yesterday, its result came for Sept, 2017. Result is very good. and We can buy this for short to long term. Past few quarters result was good too. So, we can ignore IT slowdown for this company and buy this. This is a quality company.

(This is not a Buy/Sell recommendation. Consult SEBI registered analyst for suggestion.)