Mastek shares defy weak markets, gain 3% after Staffordshire County council picks company for Oracle Cloud transformation

Mastek shares witnessed an uptick on Thursday despite weak market sentiment after its UK subsidiary was selected by Staffordshire County Council for an AI-enabled Oracle Cloud transformation programme. The engagement will cover finance, procurement, human resources and payroll, with Mastek deploying its ADOPT AI platform as the council’s integrated cloud platform.

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