Page 7 - Mindtree

Mindtree Q1 net profit grows 129.8% YoY at Rs 213 crore; revenue rises 4%

In US dollar terms, revenue stood at $253.2 million, down 4.1 per cent YoY and 9 per cent QoQ.

Mindtree gains 1% ahead of Q1 nos; here's what to expect from the IT firm

Travel and Hospitality vertical contributes nearly 16 per cent to Mindtree's total revenues.

Market Ahead, July 14: Top factors that could guide markets today

A total of 35 companies, including Wipro and Mindtree, are scheduled to announce their quarterly results today

Unsure of hiring fresh graduates, IT companies venture off campus

The technology industry is one of the largest recruiters for fresh graduates in the country.

Stock picks by Sameet Chavan of Angel Broking: Buy Jamna Auto, Mindtree

Traders are advised to avoid carrying aggressive bets overnight while trading in Nifty

Stock picks by Sameet Chavan of Angel Broking: Buy Jamna Auto, Mindtree

Traders are advised to avoid carrying aggressive bets overnight while trading in Nifty

Sell Nifty for the target of 9,800: Nilesh Jain of Anand Rathi

One should refrain from creating any aggressive long position in Nifty at higher levels

Nifty bullish till it holds 9,700: Vinay Rajani of HDFC Securities

Next target for the Nifty is seen at 10,160 and 10,550

IT firms form teams to chase revenue streams emerging from Covid-19 crisis

Industry observers said the high level of virtualisation across most sectors has led to increased demand for various IT services.

Day 1 of lockdown 3.0: India limps back, but industry still in limbo

With public transport still not allowed in 130 red-zone districts, which comprise some of the economically important urban centres, people took out their private vehicles.

Mindtree stock on the rise as company reports highest-ever deal wins

The company reported its highest-ever deal wins at $393 million for the quarter and $1.3 billion for FY20

Mindtree leaps 9% on better-than-expected Q4 earnings amid Covid-19 woes

The company reported Ebitda margin expansion of 250 basis points QoQ, and record deal wins of $393 million during the quarter despite the Covid-19 disruption

Mindtree will get back to growth path faster than others, says Chatterjee

'We won more deals in the past two quarters that were annuity in nature'

Mindtree Q4 net profit up 4% to Rs 206 crore, flags coronavirus concerns

For Q4FY20, Mindtree posted a net profit of Rs 206.2 crore, a rise of 3.9 per cent year-on-year basis and 4.7 per cent sequentially.

Mindtree Q4 FY20 net profit up 3.9% to Rs 206.2 cr, sees dip in demand

Mindtree posted a net profit of Rs 198.4 crore in the same period last year

MARKET WRAP: Sensex slips 536 pts, Nifty ends at 9,154; financials decline

All that happened in the markets today.

Market Ahead, April 24: Top Factors That Could Guide Markets Today

A major event investors will track today will be the meeting between Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to finalise a second stimulus package

Mindtree Q4 preview: Commentary on Travel biz, growth outlook for FY21 eyed

Analysts expect a higher impact on the company's Travel and Hospitality vertical, which constitutes over 16 per cent of total revenues.

Trump's immigration ban: Will it affect Indian IT sector? The story so far

Trump talked about suspending immigration visas, and the H-1B visa, which is more popular among Indian IT professionals, is a non-immigrant visa

Market Ahead, April 20: Top factors that could guide markets this week

Today, IT giant Infosys is scheduled to come out with its Q4 numbers and analysts are penciling in a 1 per cent QoQ hit in its revenue growth in constant currency terms for the quarter