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Moneycontrol.com >> Messageboard >> Stocks >> MindTree >> Why its reporting results in Dollars or some times in Rupee?
   You are here :     Moneycontrol     MMB    Stocks      MindTree                         Most active discussions of 2006 , 2007 & 2008
Why its reporting results in Dollars or some times in Rupee? (1)   07-Oct-09 11:20Track this thread   Tracked by (0)  
Posted by:   Guest on ( 07-Oct-09 11:20 )
Price : BSE: Rs 585.50 ( -1.03 % ), NSE: Rs. 586.95 ( -1.17 % )
I am the share holder of this company from the IPO time. But found one very strange thing when it comes to announce the result in the media. Mindtree always gives the revenue growth in currency where its working for them. If dollar weakes then they will resport the revenues or profits in Dollars. But if the dollar becomes strong then company will report the revenue and profits in Rupee compared to its previous quarter. If you have not observed this please find in the nse annuncement. ...so if I get another chance to sell at 625+ I am going to sell the stocks as this is not healty sign.
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