Buy MindTree, target Rs 795: Dr CK Narayan

Buy MindTree Ltd. at a price target of Rs 795.0 and a stop loss at Rs 770 from entry point.

Dr CK Narayan of Chart Advise has a buy call on MindTree with a target price of Rs 795.

The current market price of MindTree is Rs 782.35.

Time period given by the analyst is 'Intra Day' when MindTree price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 770.


MindTree, incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 12,824.77 Crore) operating in Information Technology sector.

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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, Ms.Apurva Purohit, Ms.Manisha Girotra, Prof.Pankaj Chandra.

Company has Deloitte Haskins & Sells as its auditors.

As on 31-12-2017, the company has a total of 163,926,311 shares outstanding.
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