mindtree

3-Point Analysis | Mindtree Q2 performance review

The company's net profit rose 45.6 percent quarter-on-quarter to Rs 135 crore on the back of better operating income.

Hold MindTree; target of Rs 690: ICICI Direct

ICICI Direct recommended hold rating on MindTree with a target price of Rs 690 in its research report dated October 17, 2019.

Buy or Sell | Here's why Ashok Leyland is pick of the week

The stock has corrected significantly. At the current market price it has priced in most of the negative factors, namely liquidity issues.

'Investors can deploy sell-on-rise stance for the coming week towards 11,400'

Any upside towards the 11,400-mark can be used to go short, with a stop loss of 11,554, says Mehul Kothari

Mindtree Q2 PAT seen up 50.3% QoQ to Rs. 139.3 cr: Prabhudas Lilladher

Net Sales are expected to increase by 2.9 percent Q-o-Q (up 7.6 percent Y-o-Y) to Rs. 1,888 crore, according to Prabhudas Lilladher.

Mindtree Q2 PAT seen up 40.1% QoQ to Rs. 179 cr: Motilal Oswal

Net Sales are expected to increase by 4 percent Q-o-Q (up 8.7 percent Y-o-Y) to Rs. 1,907.3 crore, according to Motilal Oswal.

Does Coffee Day’s sale of non-core businesses make it investment worthy?

The Coffee Day stock has been hitting the upper circuit for the past few days

Former Cognizant exec Debashis Chatterjee to take over as Mindtree CEO on August 1: Report

Chatterjee was the executive vice president and president, global delivery, in Cognizant before he quit in May after serving the company for 23 years.

Task cut out: New Mindtree CEO will need to focus on these 3 areas

Analysts say three important stakeholders need reassurance from L&T after its takeover of Mindtree: Clients, employees and minority investors.

L&T to announce new Mindtree CEO on August 2

Subsequent to acquisition of control, the financials of Mindtree will be consolidated as a subsidiary of L&T from the second quarter of the financial year.

IT wrap: For Mindtree, it is the end of an era and a new beginning

The Mindtree AGM turned out to be anticlimactic

Sell Mindtree; target of Rs 700: Dolat Capital

Dolat Capital is bearish on Mindtree has recommended sell rating on the stock with a target price of Rs 700 in its research report dated July 18, 2019.

Mindtree hits 52-week low as profit halves in Q1; brokerages cut target price

Kotak Institutional Equities maintained its 'reduce' call on Mindtree and slashed its target to Rs 725

Mindtree Q1 profit, operating income halve; posts 1.1% constant currency revenue growth

The company added 1 client in $5 million bucket, taking total active clients to 346 as of June 2019.

Mindtree Consolidated June 2019 Net Sales at Rs 1,834.20 crore, up 11.88% Y-o-Y

Mindtree Standalone June 2019 Net Sales at Rs 1,834.20 crore, up 15.02% Y-o-Y

Mindtree shareholders approve dividend, appointment of L&T officials on board

Investors Moneycontrol spoke to see the takeover in the positive light and believe Mindtree could benefit from L&T as its parent.

Mindtree AGM: L&T CEO SN Subrahmanyan 'supportive' of record dividend

At the AGM, investors raised concerns about whether L&T would agree to the dividend of Rs 27 Mindtree had announced to mark its 20th anniversary

Mindtree Q1 PAT may dip 16.5% QoQ to Rs. 165.7 cr: Prabhudas Lilladher

Mindtree Q1 PAT may dip 16.5% QoQ to Rs. 165.7 cr: Prabhudas Lilladher

Mindtree Q1 PAT may dip 18.2% QoQ to Rs. 162.3 cr: Kotak

Net Sales are expected to increase by 1 percent Q-o-Q (up 13.3 percent Y-o-Y) to Rs. 1,858.1 crore, according to Kotak.

Mindtree plunges 14% as top management resigns

Mindtree said it would announce a new leadership team in due course

This week in IT: Quite a week for the tech sector

Here’s a look at all the major developments of the week in the IT sector

L&T officially becomes promoter of Mindtree with 60.6% stake

After acquiring 28.90 percent from Siddhartha and through open market transactions, L&T got a little over 31 percent from an open offer to acquire its promoter stake.

L&T pays Mindtree shareholders for shares accepted in open offer

The infrastructure major's open offer - at Rs 980 a share - began on June 17 and concluded on June 28.

This week in IT: India’s first hostile takeover of Mindtree by L&T is complete

It is unclear whether founder promoters tendered their shares in the open offer that followed. While some reports claimed that founders have decided to sell their shares, others have reported that they have not.