The Bengaluru-based company had posted a net profit of Rs 197 crore in the year-ago period. Its revenue grew 3 per cent to Rs 2,023.7 crore in the quarter under review, from Rs 1,965.3 crore in the year-ago period.
IT stocks were in focus today as Infosys, Mindtree and Mphasis scaled a fresh 52-week high on Wednesday. Among Sensex gainers, Infosys and HCL Technologies were top index gainers, up over 2.5 per cent each.
Nifty IT index was ruling 1.05 per cent higher hitting a fresh 52-week high of 20,032.20 led by gains in Wipro, Tech Mahindra, Mphasis, HCL Technologies and TCS. The IT index surpassed its previous high of 20,014.65.
Mindtree shares dropped as much as 5.64 per cent in early trade on Monday after the IT company on Friday post market hours reported 23.24 per cent fall in net profit at Rs 94.80 crore for the quarter ended September 2016 agai
Mindtree shares fell as much as 4 per cent in the morning trade on Tuesday after the IT company informed stock exchanges that it sees a marginal quarter-on-quarter revenue growth in Q4 on an organic basis
During July 17 and October 19, share price of Vakrangee slid the most — 17.10 per cent, followed by HCL Technologies (10.32 per cent) and Tata Consultancy Services (2.83 per cent). On the other hand, share price price of Mi
Shares of IT firm Mindtree today surged by over 5 per cent after the company posted 15.1 per cent rise in net profit for the September quarter, giving a growth guidance of 12-14 per cent despite a traditionally slow third qua
Mindtree announced the acquisition of UK-headquartered Bluefin Solutions for 42.3 million pounds (Rs 414.54 crore) and US-based Relational Solutions for $10 million to strengthen its presence in digital and analytics segement