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MINDTREE BROKERAGE VIEWS
Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...- IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...
- Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attra...
- IT stocks slide up to 3% after TCS Q4 earnings. What's spooking investors?IT stocks fell up to 3% after TCS reported Q4 results that failed to impress the Street, dragging the Nifty IT index over 2%. Despite broad...
- Why LTI-Mindtree merger doesn’t make it the hottest couple on D-Street yetAnalysts said the merger creates a strong challenger in the Indian IT space with a $4.1 billion revenue run-rate as the combined entity has...
- Limited upside potential in Mindtree after Q2 results, says Motilal OswalBrokerage maintained ‘neutral’ rating on Mindtree due to its fair valuations , softness in retail and constraints on management bandwidth b...
- Hot Stocks: Brokerages on Tata Motors, Infosys, Mindtree and Ambuja CementCLSA maintained an outperform rating on Tata Motors with a target price of Rs 473. The company's near-term demand for CVs is strong but the...
- Two IT stocks that will be impacted tomorrow as a result of NSE rejig“IT stocks have corrected significantly and are close to pre-pandemic valuation after two years of massive outperformance. The current weak...
- Analysts see risks despite Mindtree's strong Q1 showPhillip Capital raised the target price to ₹4,300 from ₹4,230 while retaining a buy. "All bottom-up data points and commentary continue to ...
- What global brokerages said about PVR & Hindustan ZincCiti has a neutral outlook on Hindustan Zinc, which announced an interim dividend of Rs 21 per share for the financial year 2022-23. The br...
- Why brokerages cut price targets on Mindtree despite stellar show in Q1?The trailing 12-month book-to-bill ratio stood at 1.4 times, analysts said. That offered strong revenue visibility for FY22. Yet, they said...
- Midcap IT stocks rally, but further upmove unlikelyMindtree rallied 8% to end the day at ₹2,703.15, a day after the company reported over 8% rise in the June quarter profit on a sequential b...
- Mindtree stock up 9% but brokerages have a mixed viewMindtree on Tuesday reported an over 8% rise in the June quarter profit on a sequential basis to Rs 343.4 crore and revenues rose 8.6% sequ...
- Buy MindTree, target Rs 1225: Motilal OswalBuy MindTree Ltd. at a price target of Rs 1225.0 .
- L&T Infotech IPO opens on Monday. So should you subscribe or let it go?The promoters would be looking to sell 1.75 crore shares in the price band of Rs 705-710 through an offer for sale (OFS) to raise around Rs...
- Five top stock recos from global brokerages after their Q4 resultsGlobal brokerages have recommended buy ratings on IndusInd, Wipro, LIC Housing Finance, TCS & MindTree after their announced their March qt...
- Top 5 tech stocks that outperformed ahead of Q2 resultsHopes of pick-up in the US economy and strong US dollar against other currency basket have been the main drivers for the IT sector.
- Brokerages raise Mindtree's target price on strong resultsAccording to Kotak Securities, Mindtree continues to deliver on its multi-segment specialist strategy and is deepening engagements with key...
- Rising Mindtree shares: Analysts say company’s growth makes it a candidate for reratingThe stock has gained 43% in the past three months and more than doubled over the past 12 months. The valuation easily beat that of its peer...
- Brokerage views on MindTree, Shree Cement, Maruti Suzuki, KajariaRead on to know what brokerages have to say about select stocks that are likely to be in action today.
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