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MINDTREE NEWS
Buy MindTree, target price Rs 3770: Axis SecuritiesMindTree Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 53048.41 Crore) operating in IT Software sect...- Mindtree CEO answers questions on growth, margins and merger concerns“We are very confident of H1 and we are cautiously optimistic as far as the H2 is concerned but I do not think there is any immediate signi...
- Mindtree beats estimates in Q1. Should you bet on this beaten-down IT stock?The IT major reported a 37.3 per cent year-on-year (YoY) rise in profit after tax (PAT) at Rs 471.60 crore compared with Rs 343.40 crore in...
- LTI-Mindtree merger gets board nod, to create fifth-largest IT firmThe transaction is subject to shareholder and regulatory approvals. Mindtree, with market cap of Rs 57,840 crore will merge into LTI with m...
- 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 issues clarification on merger news, says no such info available on it“We would like to state that there is no information available with the company as of today, which is required to be reported under extant ...
- Market movers: Mood change at L&T over Mindtree; Tata Steel bucks market trendNews reports on Monday said Larsen & Toubro, which owns 61 per cent in Mindtree, is weighing its merger with Larsen & Toubro Infotech, whic...
- 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 ...
- 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...
- Mindtree to see cloud-based growth over next 3-4 years: AnalystsAnalysts see Mindtree’s growth outpacing that of mid-sized peers going ahead, and have increased their ratings on the stock due to the comp...
- Mindtree partners with Knauf to drive its IT transformation initiativesThe Mindtree-Knauf deal will leverage industry-leading IT platforms and will also help Knauf complete post-merger technology integrations.
- Taxmen have power for provisional attachment before final assessmentCriticism had mounted against the tax department after the coffee baron committed suicide.
- VG Siddhartha: The man who tasted success through coffeeVG Siddhartha, who went missing last night, was recently in the news for selling his entire stake in Mindtree.
- Race is hotting up for the top chair at MindtreeDebashis Chatterjee and Rajeev Mehta are the front-runners to become firm’s CEO.
- How Mindtree became the object of a hostile takeover battle between its management and L&TA deal with L&T would create a $2.4-billion IT services firm with four verticals of reasonable scale.
- Understanding the Mindtree ConundrumMindtree’s launch in August 1999 with Siddhartha’s venture firm GTV and Walden as our partners was the beginning of an amazing, supportive,...
- MindTree net profit doubles in March quarter101.6 crore a year ago.However, compared to December quarter, the Bangalore-based firm saw a flat 1.2% rise in its January-March revenue in...
- Effect of MindTree's cost-efficiency moves will start reflecting in December 2011 quarterThe stock of Bangalore-based IT company MindTree rose over 18% during intra-day trading on Thursday to its four month peak of Rs 426.
- Mindtree: Cafe Coffee Day's V G Siddhartha picks up Soota's stakeThe stock touched a high of Rs 426.60 on the BSE and touched Rs 430 at the NSE. According to one estimate, the stake was sold at about Rs 4...
- MindTree can be bought on declines: Sandeep Wagle"Whatever the news is has been discounted positively by the market and looks good for the company in the stake sale and I would be comforta...
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