MindTree rose 8.36% to Rs 675.55 at 11:38 IST on BSE after consolidated net profit rose 13.4% to Rs 141.50 crore on 3.5% rise in net sales to Rs 1377.70 crore in Q3 December 2017 over Q2 September 2017.
The result was announced after market hours yesterday, 17 January 2018.Meanwhile, the S&P BSE Sensex was up 348.33 points, or 0.99% to 35,430.15.
On the BSE, 2.17 lakh shares were traded in the counter so far, compared with average daily volumes of 42,000 shares in the past two weeks. The stock had hit a high of Rs 685.60 so far during the day, which is also a 52-week high for the counter. The stock had hit a low of Rs 657.30 so far during the day. The stock hit a 52-week low of Rs 435 on 17 April 2017.
MindTree reported 344 active clients as of 31 December 2017.
Mindtree delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition.
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