Mindtree gains on buyback plan

Mindtree rose 1.13% to Rs 956.70 at 09:32 IST on BSE after the company scheduled a board meeting on 20 March 2019 to consider the proposal to buyback the fully paid-up equity shares of the company.

The announcement was made after market hours on Friday, 15 March 2019.

Meanwhile, the S&P BSE Sensex was up 320.65 points, or 0.84% to 38,344.97

On the BSE, 32,000 shares were traded in the counter so far, compared with average daily volumes of 74,000 shares in the past two weeks. The stock had hit a high of Rs 968.55 and a low of Rs 953.80 so far during the day.

 

Mindtree is a global IT consulting and services company which helps clients across 17 countries achieve business agility, competitive edge, and growth.

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