Buy MindTree, target Rs 634: Pritesh Mehta

Buy MindTree Ltd. at a price target of Rs 634.0 and a stop loss at Rs 600 from entry point.

Pritesh Mehta of IIFL has a buy call on MindTree with a target price of Rs 634.

The current market price of MindTree is Rs 610.90.

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

Pritesh Mehta recommended to keep a stop loss at Rs 600.

MindTree, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 10,014.26 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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