Mindtree share price jumps 9% post quarterly results; analysts remain mixed on outlook

Mindtree’s share price soared 9.3% on Wednesday to trade at Rs 2,728 per share as investors reacted to the more than 61.2%  on-year jump in net profit of the IT company.

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Infosys, Zomato IPO, Vodafone Idea, Dodla Dairy, Barbeque-Nation, Mindtree, NTPC stocks to watch

Nifty futures were trading 51 points or 0.32 per cent down at 15,783.50 on Wednesday, suggesting a negative opening for BSE Sensex and Nifty 50

Infosys, Vodafone Idea, Barbeque Nation, Mindtree, Zomato IPO, NTPC stocks to watch

Infosys share price hits new 52-week high, BSE IT index at record high; what’s fueling IT stocks rally?

IT stocks such as Infosys, Mindtree, Persistent Systems among others were trading higher on Thursday, ahead of quarterly earnings of IT companies that start pouring in from next week.

infosys, mindtree, IT stocks

Infosys, Mindtree, Coforge among 10 IT stocks that hit 52-week highs; BSE IT index nears all-time high

BSE IT index was trading near its record high of 27,074 in firm deals on Tuesday. At least 10 stocks including Infosys, Mindtree, among others hit their respective highs.

Infosys, Mindtree, BSE IT, Sensex

HCL Tech, Infosys among top Sensex contributors; TCS, Mindtree share prices hit new 52-week highs

IT stocks were the top BSE Sensex contributors in today's upbeat trade. Out of 30 Sensex stocks, the top three gainers were Tech Mahindra, HCL Technologies and Infosys.

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Mindtree net profit jumps 66% to Rs 326 crore; company sees strong pipeline ahead

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.

Mindtree net profit jumps 66% to Rs 326 crore; company sees strong pipeline ahead

Stocks in focus today: HDFC Bank, Reliance Industries, Wipro, IRFC, Mindtree, Indiabulls Real Estate

Nifty futures were trading 35.50 points or 0.25 per cent down at 14,423 on Singaporean Exchange, suggesting a gap-down opening for BSE Sensex and Nifty 50 on Monday

Tech Mahindra share price

Mindtree shares tank over 11% even as net profit nearly doubles in Q2; what should investors do with stock?

Mindtree has also announced to roll out salary hikes with effect from January 1, 2021. The revenue of the company grew marginally to Rs 1,926 crore in the September 2020 quarter.

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Mindtree co-founder Krishnakumar Natarajan, family sell 0.2% stake in company for Rs 42 crore

In recent multiple transactions, Krishnakumar Natarajan sold about 2.85 lakh shares. His shareholding now stands at 1.79 per cent.

Mindtree share, mindtree share price

Infosys, Mindtree, Mphasis shares hit new 52-week highs; Nifty IT index rallies 85% since March

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.

Infosys, MindTree, Mphasis

Wipro, Mphasis, Mindtree shares hit new 52-week highs; IT stocks rally, Nifty IT index up 1%

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.

Wipro, Mphasis, Mindtree, IT stocks

Mindtree Q1 profit more than doubles to Rs 213 crore in Apr-Jun quarter; shrugs off COVID-19 impact

On a sequential basis, the profit of Mindtree grew 3.3 per cent. Mindtree had posted a net profit of Rs 206 crore in the quarter ended March 31.

Mindtree shares slip over 5% post Q2 results; Reliance Securities downgrades stock to ‘Reduce’

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

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Mindtree shares plunge 7% on Q2FY17 revenue warning

Mindtree shares slipped as much as 7 per cent on Tuesday after it announced that the company expects Q2 FY17 revenue to be lower than the previous quarter.

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TCS, Infosys or Mindtree: Which promises better returns post Q4 results

Infosys has outpaced industry leader TCS in all the four quarters in FY16, as far as revenue growth is concerned, signalling a turnaround in the company’s fortunes.

MRF, IDFC Bank, Vivimed Labs among 68 stocks thet hit fresh 52-week high on NSE today

Mindtree Q4 net up 21.2 per cent at Rs 156 crore

Mid-sized software services firm Mindtree today reported a 21.2 per cent growth in consolidated net profit at Rs 156 crore for the quarter ended March 31.

Mindtree shares plunge over 11%, should you invest?

Mindtree shares plunged over 11 per cent intraday on Wednesday as shares of the IT company started trading ex-bonus.

Mindtree says Q4 revenue growth to be marginal

Mindtree remains positive on the future demand environment and is also confident of exceeding the NASSCOM growth estimates of 10-12 per cent for FY17.


Mindtree shares fall 4 per cent intraday, here is why

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

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Rostow Ravanan appointed new chief executive in MindTree rejig

In a significant development, mid-sized IT firm MindTree has announced the appointment of Krishnakumar Natarajan as its executive chairman with effect from April 1, 2016.

Mindtree elevates Natarajan as executive chairman; appoints Rostow Ravanan as CEO, MD

Mid-sized IT firm Mindtree today announced a top-management reshuffle, naming Rostow Ravanan as its CEO and Managing Director.

Mindtree to buy Magnet 360 for $50 mn

IT firm Mindtree today said it will acquire Salesforce consulting partner Magnet 360 in an all-cash deal of $ 50 million (about Rs 338.3 crore).


Should you invest in Infosys, HCL Tech, Mindtree, TCS post their earnings?

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

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Mindtree shares jump over 5% on higher earnings

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

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Mindtree Q2 net up 15% at Rs 158.2 crore

IT firm Mindtree today posted 15.1 per cent rise in net profit at Rs 158.2 crore for the second quarter ended September 30, 2015-16.


Mindtree shares gain nearly 5%, post earnings

Shares of Mindtree rose nearly 5 per cent today after the IT firm posted a 6.8 per cent jump in its net profit for the June quarter of this fiscal

MRF, IDFC Bank, Vivimed Labs among 68 stocks thet hit fresh 52-week high on NSE today
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