Buy MindTree, target Rs 575: Dr CK Narayan

Buy MindTree Ltd. at a price target of Rs 575.0 and a stop loss at Rs 558 from entry point.

Dr CK Narayan of Chart Advise has a buy call on MindTree with a target price of Rs 575.

The current market price of MindTree is Rs 564.10.

Time period given by the analyst is intraday when MindTree price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 558.

MindTree, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 9,247.08 Crore) operating in Information Technology sector.

The company’s top management includes Mr.Akshaya Bhargava, Mr.Krishnakumar Natarajan, Mr.Milind Sarwate, Mr.N S Parthasarathy, Mr.Rostow Ravanan, Mr.Subroto Bagchi, Mr.V G Siddhartha, Ms.Apurva Purohit, Ms.Manisha Girotra, Prof.Pankaj Chandra.
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Company has Deloitte Haskins & Sells as its auditors.

As on 30-09-2017, the company has a total of 163,898,886 shares outstanding.
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