Smallcap IT stock Mastek jumps over 12% after Q4 results
“The organic growth of >5% was higher than our estimate and led by a revival in the UK government, strong UK private (retail and financial services) and stability in the NHS and Oracle CX business. The order book remains healthy, having improved by 4.1% QoQ CC to USD 218 million, indicating continuity of organic growth,” HDFC Securities said.
