MindTree Ltd.

NSE: MINDTREE | BSE: 532819 | ISIN: INE018I01017 | Industry: IT Consulting & Software
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HDFC Securities
Beating expectations, Mindtree delivered 2.3% QoQ USD revenue growth (vs. our estimate of 1%), led by onsite revenue ( 5.9% QoQ). BFSI and travel grew 4% and 15.2%. Mindtree saw a minimal revenue impact due to the Chennai floods (0.1%).
MindTree Ltd. has an average target of 3837.00 from 1 broker.
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