Page 6 - Mindtree

Nifty IT index, Infosys, TCS at record high; charts signal more upside

Edelweiss Securities says that the robust tech up-cycle would benefit firms like HCL Technologies, Infosys, TCS, and Tech Mahindra

Tough task ahead for Malavika Hegde, the new CEO of Coffee Day Enterprises

While her appointment came as no surprise, she will have to rebuild a struggling enterprise that has been selling its non-core assets to prune its debts

Execution issues, margin pressure to cap Mindtree's gains from new strategy

Valuations too leave little upside from current levels

Order book already 10% higher than H1 last year, says Mindtree CEO & MD

We are very confident that the growth momentum will continue, said CEO Chatterjee

Consistent revenue growth to remain key for Mindtree stock: Experts

Its ability to support current margin may support the valuation

MARKET WRAP: Sensex ends 255 pts higher; financial, metal stocks advance

All that happened in the markets today

Chart Check: IT stocks decline post Q2 nos. Do they still hold promise?

Most IT stocks have seen sharp correction post Q2 results. However, the medium-term outlook stays bullish as per their respective technical charts.

Mindtree tumbles over 11% post September quarter result; brokerages mixed

For the quarter under review, Mindtree posted a net profit of Rs 253.7 crore, up 87.9 per cent year-on-year (YoY) and 19.1 per cent sequentially.

Mindtree's net profit jumps 88% to Rs 253.7 cr; salary hikes from January

The firm's revenues remained flat year-on-year at Rs 1,926 crore during the period under review and witnessed a marginal 1 per cent gain sequentially

Mindtree Q2 net profit up 88% at Rs 253.7 cr, revenue grows to Rs 1,926 cr

The Bengaluru-based company saw its revenue grow marginally to Rs 1,926 crore in the quarter under review from Rs 1,914.3 crore in the year-ago period

Mindtree slips nearly 5% ahead of Q2 nos; here's what brokerages expect

The growth outlook of the top client and margin outlook are the key monitorables.

BSE IT index zooms over 1000 points; Mindtree, L&T Infotech rally 11%

At 11:32 am, the S&P BSE IT index, the top gainer among sectoral indices, was up 1,003 points or 4.7 per cent at 22,233 points, as compared to 1.4 per cent rise in the S&P BSE Sensex

Five mid-cap stars which refused to buckle during the coronavirus crisis

With markets recovering, midcaps have also rebounded and in fact, have outperformed benchmark indices by a good margin in the last two months

Mindtree co-founder, family sell 466,000 shares; holding down at 2.01%

The transactions were carried out by Krishnakumar N, wife Akila Krishnakumar and son Siddarth in multiple tranches between September 15-23, Mindtree said in a regulatory filing on Saturday

Happiest Minds' stock doubles in stellar debut, closes 123% above IPO price

This was the best day-one performance for an IPO since IRCTC in October last year, when the shares of the state-owned company gained 127 per cent

Mindtree trades higher for sixth straight day, hits new high in a weak mkt

Krishnakumar Natarajan sold 1.7 million equity shares, amounting to Rs 207 crore, on September 14, 2020 through open market, Mindtree said

Coffee Day posts Q1 net profit of Rs 1,672 cr, aided by Mindtree stake sale

The company had posted a net profit of Rs 21.06 crore in the April-June quarter a year ago

Sensex slips 758 pts from day's high, ends 19 pts up; RIL dips 4% post AGM

Catch all the live market updates here

Mindtree PBT more than doubles in Q1; revenues up 4.1% to Rs 1,908.8 cr

Revenue of the firm grew 4.1 per cent year-on-year to Rs 1,908.8 crore during this period though it declined 6.9 per cent sequentially

MARKET WRAP: Sensex tanks 661 pts, Nifty Bank slips 3%; India VIX jumps 6%

All that happened in the markets today