NSE: MINDTREE | BSE: 532819 | ISIN: INE018I01017

INDUSTRY : IT Consulting & Software

MindTree Ltd.

Expensive Star

1049.50 35.90(3.54%)

New 52W High today

Volume: 1.6M

NSEFeb 20, 2020 15:31

Check Buy or Sell



MindTree Ltd.    
20 Feb 2020, 10:53AM
1049.50
3.54%
MindTree Ltd.    
19 Feb 2020
1049.50
3.54%
MindTree Ltd - 532819 - Clarification sought from MindTree Ltd
BSE India
The Exchange has sought clarification from MindTree Ltd with respect to news article appearing on timesofindia.indiatimes.com February 19, 2020 titled "MindTree wins nearly $200 order from Philips".The reply is awaited.
MindTree Ltd.    
13 Feb 2020
1049.50
3.54%
buy
Motilal Oswal
Strategy change in terms of higher focus on managed services/annuity revenue should translate into longer-term engagements and better quality earnings. Among the mid-cap IT companies, MTCL was an early mover in terms of the strategic focus on digital capabilities, which also led to a high share of digital in the revenue mix (50%+). This led to high volatility in growth and margin trajectory, Strategic change in terms of higher emphasis on managed services should lead to longer-term engagements, lower volatility and higher quality earnings. These steps translated into a high share of digital revenue (50%+) The companys strong reference ability in SAP HANA/salesforce ecosystems and niche verticals like Hi-Tech, CPG, Travel & Hospitality provide it an edge over competitors. The volatile nature of spend in this account also led to relatively high volatility in MTCLs revenue growth and margin trajectory (v/s peers like LTI).
MindTree Ltd. is trading above all available SMAs
MindTree Ltd.    
11 Feb 2020
1049.50
3.54%
MindTree Ltd.    
04 Feb 2020
1049.50
3.54%
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MindTree Ltd.    
27 Jan 2020
1049.50
3.54%
MindTree Ltd.    
27 Jan 2020
1049.50
3.54%
Economic Times
Management commentary that it would strive to win more managed services contracts has made some analysts concerned, who said it would have to compete against larger rivals with the shift. According to Aniket Pande of Prabhudas Lilladher, Mindtree has historically excelled in discretionary spending, (and a) shift in managed services contracts is not their strength.
MindTree Ltd. has gained 16.90% in the last 1 Month
MindTree Ltd.    
23 Jan 2020
1049.50
3.54%
MindTree Ltd.    
20 Jan 2020, 12:00AM
1049.50
3.54%
buy
Geojit BNP Paribas
We reiterate our REDUCE rating on the stock with a revised target price of Rs. 817 based on 14x FY22E adj. EPS, given the sluggish growth in contracts signed and tough competition in the industry. Strong Hi-Tech segment leads the way Mindtree's revenue were up 10.0% YoY to Rs. 1,965cr primarily driven by the 15.7% YoY growth in the High Technology and Media segment (41.5% of total revenue), Also, Travel and Hospitality segment (16.6% of total revenue) and BFSI segment (21.3% of total revenue) grew 9.9% and 8.2% YoY, respectively. Retail, CPG and Manufacturing...
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MindTree Ltd. has an average target of 862.50 from 13 brokers.
MindTree Ltd.    
17 Jan 2020
1049.50
3.54%
Mindtree  Stability returns, outlook positive
Mindtree Stability returns, outlook positive
Moneycontrol
We see the strategy gradually bearing fruit and would recommend accumulation on any weakness.
MindTree Ltd. has gained 49.75% in the last 6 Months
  • Motilal Oswal upgraded MindTree Ltd. to Buy with a price target of 1100.0 on 13 Feb, 2020.
  • Day volume (8784809.0) was 664% of the Month Average Volume (1321999.0) on 15 January, 2020
  • Stock Price (717.1) crossed above 30 Day SMA (708.22) on 03 December, 2019
  • Stock Price (698.4) crossed below 50 Day SMA (708.85) on 26 November, 2019
  • Month Change by -27.92% (Crossed threshold 20%) on 24 July, 2019
More triggered alerts
Ex-Date Dividend Amount Dividend Type Record Date
Oct. 24, 20193.00INTERIMOct. 25, 2019
July 8, 20194.00FINAL-
July 8, 201920.00SPECIAL-
April 25, 20193.00INTERIMApril 27, 2019
Jan. 23, 20193.00INTERIMJan. 24, 2019
All dividends by MINDTREE
Ex-Date Dividend Bonus Ratio Record Date
March 9, 20161:1March 10, 2016
June 3, 20141:1June 4, 2014
All bonuses by MINDTREE