Wed, Aug 28, 2024
Kotak report on LTIMindtree. Why Kotak's confidence increased? Signs of good recovery from Hi-tech vertical also. Know complete details in this video.
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Tue, Jul 18, 2023
What were the key triggers for the results? Where to focus for growth? Watch an exclusive interview with Vineet Teredesai, CFO, LTIMindtree
Wed, Jul 05, 2023
Which other index of Nifty will change? Which shares will be out, who will get place? Know full details in this video
Fri, Aug 20, 2021
In an otherwise subdued market, the shares of Mindtree surged over 6 per cent and touched a new high of Rs 3,393 per share on the BSE intraday trade on Friday, amid a positive growth outlook.
Tue, Aug 17, 2021
Kushal Gupta, Senior Research Analyst at Zee Business said that the midcap IT companies have shown lots of action over a period of 1-month and if one observes last 7-10 days, then lots of action can be seen coming in major IT space companies.
Thu, Jul 15, 2021
Dayapatra Nevatia, Executive Director and COO, Mindtree, talks about Q1FY22 numbers, Margins, highest ever TCV, demand for digital transformation, acquisition strategy, attrition and hiring among others during a candid chat with Swati Khandelwal, Zee Business.
Wed, Jul 14, 2021
The mid-cap information and technology company — Mindtree shares touched a new 52-week high of Rs 2721 per share, soaring over 9 per cent on the BSE intraday trade on Wednesday on the back of strong numbers and the highest ever deals in the first quarter of the financial year 2021-2022.
Despite steady and healthy first-quarter results, the brokerages are divided on the shares of Mindtree, though the mid-cap IT company meeting industry estimates.
Tue, Jul 13, 2021
Revenue was at Rs 22,917 million for the reporting quarter, which was up by 20 per cent yoy and 8.6 per cent on qoq basis. In Dollar terms, the revenue stood at USD 310.5 million, which was 7.7 per cent on-quarter growth while 22.6 per cent on the y-o-y basis
Thu, May 27, 2021
Mindtree aspires for industry-leading growth and 20%+ EBITDA margin for FY2022E. The second wave of Covid did not impact customer billings or deliverables. Mindtree will build on full service model aspiration and expand into new verticals, geographies and services. The strategy is ambitious with significant execution risks. The stock trades at expensive valuations
Tue, Apr 20, 2021
Dayapatra Nevatia, Executive Director and Chief Operating Officer, Mindtree, talks about Q4FY21 numbers, revenue growth, business strategy, deal wins and deals in pipeline, growth outlook to the existence of work from the home model during an exclusive interview with Swati Khandelwal, Zee Business. Edited Excerpts:
Mon, Apr 12, 2021
TCS Shares – TCS shares were trading at Rs 3274. 95 on the NSE around this time, going down by almost Rs 47 or 1.4 per cent from the previous closing price of Friday. Analyst Nilesh Jain says that the results are expected to be good and as per the market expectations. TCS stock has had a good run and the price movements with respect to the earnings results have already been discounted
Thu, Jan 21, 2021
Vinit Teredesai, Chief Financial Officer, Mindtree, talks about Q3FY21 numbers, expected growth in TCV and cloud platform, budget expectations and work from home model among others during a candid chat with Swati Khandelwal, Zee Business.
Tue, Jan 19, 2021
Mindtree share price: ICICI Securities says that potential for further margin surprise was the key rationale behind earlier BUY rating. Besides transient Covid-led tailwinds, Mindtree’s margin expansion was aided by sustainable and structural changes in costs. While ICICI Securities expected parity with the cost structure of LTI by FY23E, the convergence has happened earlier!.
Tue, Dec 22, 2020
Goldman Sachs has put a 12 month target price of Rs 1369 on Infosys and this implies 17% potential upside vs the sector coverage average of 4%. Goldman Sachs 12 month target price of Rs 1795 on Mindtree implies 23% potential upside vs the sector coverage average of 4%. Digitalization at scale and COVID-19’s acceleration of Work from Anywhere has boosted technology demand across industry verticals and geographies.
Fri, Dec 04, 2020
Mindtree announced its new 4x4x4 strategy, with four industry groups, four service lines, and four geographies. While the four industry groups are in its existing areas of operations, the changes in service lines (Customer Success, Data and Intelligence, Cloud and Enterprise IT) point to an elevated focus on Digital (three out of the four service lines are in the Digital domain). It plans to create local teams and leadership in non-US geographies (UK and Ireland, Continental Europe and Asia-Pacific and RoW) to sell their industry capabilities to a wider client base.
Fri, Oct 16, 2020
Mindtree’s on Thursday declared an interim dividend of 75 per cent at Rs 7.5 per equity share of par value Rs 10 each. The IT company announced its Q2 FY21 results reporting a net profit at Rs 2,537 million grew by over 19 per cent quarter-on-quarter (QoQ) while its revenues were marginally up at Rs 19,260 million – a growth of 0.9 per cent QoQ while 0.6 per cent on the Y-o-Y. basis
Sat, Oct 10, 2020
Sensex closed strong 0.81% up at 40509.49 on Friday while Nifty closed 0.67% up at 11,914.20. Pharma and hospital stocks are continuing their bullish momentum and may perform well over the next one quarter.
Tue, Oct 06, 2020
Tata Consultancy Services or TCS share price has skyrocketed nearly 8 per cent in the last two trading sessions.
Sat, Sep 26, 2020
Mindtree co-founder Krishnakumar Natarajan and his family have sold over 4.66 lakh shares of the company, reducing their combined shareholding to 2.01 per cent.
Thu, Aug 13, 2020
Top Stocks to Buy Today: Zee Business Fast Money team has come out with 20 top shares that can help traders mint money at a faster rate.
Thu, Aug 06, 2020
Top Stocks to Buy Today: Zee Business Managing Editor Anil Singhvi has been advising traders to maintain stock specific strategy. In this regard, Fast Money programme has a key role to play in this high-risk trade pattern.
Sat, Jul 25, 2020
Mindspace Business Parks REIT, owned by K Raheja group and Blackstone, has raised Rs 2,644 crore from anchor and strategic investors ahead of its public issue that will hit the capital market on Monday.
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