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MINDTREE EARNINGS
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 stocks crash! Planning to buy the dip? Here's what analysts sayIndian IT shares saw a significant drop on Wednesday, wiping out recent gains. Analysts suggest this was largely due to profit booking afte...
IT stocks gain for 3rd day on rupee fall, tempered AI viewIndian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software expor...
Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsIndian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp c...
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...
Forex math: Why weak rupee could be biggest growth driver for IT stocks this Q4 result seasonIndia's IT stocks are finding an unexpected boost from a weaker rupee, which analysts predict will cushion margins this Q4 results season. ...
Mindtree Q2 Results: Profit jumps 28% YoY to Rs 509 cr; beats St estimatesBoth the topline and bottomline were above ET Now poll of estimates of Rs 3,320 crore and Rs. 476 crore, respectively.
MindTree Q1 Results: Profit rises 37% YoY to Rs 472 cr; revenue jumps 36%MindTree Q1 Results: Revenue for the quarter rose 36.2 per cent YoY to Rs 3,121.10 crore compared with Rs 2,291.70 crore in the correspondi...
Mindtree Q1 preview: Profit likely to surge over 35% YoY; margin may fall on sequential basisPrabhudas Lilladher said June is a seasonally strong quarter for deals on account of renewals. It expects total contract value (TCV) in the...
MindTree zooms 3% on robust Q4 earningsMindTree’s counter rose to a high of Rs 4,080 as against Rs 3960.80 at previous close on the BSE.
Mindtree Q4 Results: Profit rises 49% YoY to Rs 473 cr; firm declares Rs 27 dividendRevenue from operations for the quarter stood at Rs 2,897.4 crore, up 37.4 per cent from Rs 2,109.3 crore in the corresponding quarter a ye...
Attrition situation won't change for the next few quarters: Debashis Chatterjee"From an overall TCV standpoint, we have YTD $1.2 billion, which is 21% up from last year, YoY. We are fairly comfortable and the pipeline ...
Mindtree slumps 6% despite healthy Q3 numbersThe IT firm posted a 34 per cent jump in consolidated net profit to Rs 437.5 crore for the December 2021 quarter and exuded confidence in c...
Mindtree Q3 results: Net profit rises 34% YoY to Rs 437 croreIn dollar terms, net profit rose 32.1 per cent to USD 58.3 million, while revenue increased 33.7 per cent to USD 366.4 million in the said ...
IT firm Mindtree at $1B revenue mark, to pay Rs 430 crore in dividendsMindtree said the special dividend payout would cost it about Rs 320 crore, excluding dividend distribution tax, while the remaining divide...
Mindtree’s revenue growth falls 3 % in Q2The company said revenue for the third quarter is likely to be subdued.
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...
Mindtree posts 69% increase in its Q1 profitsMindtree posted a 69% per cent quarter-on-quarter increase in its first quarter profits, beating market expectations, aided by contract win...
- MindTree hits 52-week high on strong Q3 numbers; Citigroup upgrades to 'buy'
MindTree surged over 4% in early trade on Monday to hit a fresh 52-week high of Rs 788.85 after the company posted a 63% jump in net profit.
- ICICI Direct advises long term investors to buy MindTree
ICICI Direct has advised long term investors to buy MindTree even as the macroeconomic environment remains uncertain.