MindTree Ltd.

NSE: MINDTREE | BSE: 532819 | ISIN: INE018I01017 | Industry: IT Consulting & Software
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MindTree Ltd.
MindTree Ltd.
19 Apr 2018
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research US$ revenues grew 5.6% QoQ to $226.2 million, above our 3.6% growth, $222 million estimate. Constant currency revenue grew 4.5% Revenues in rupees grew 6.3% QoQ to | 1,464 crore, above our 3.7% QoQ growth and | 1,428.7 crore estimate EBITDA margin reported a strong performance and expanded 100 bps sequentially to 16.1%, way ahead of our 15.1% estimate mainly on account of better-than-expected revenue growth...
BOB Capital Markets Ltd. downgraded MindTree Ltd. to Sell with a price target of 3837.0 on 24 Apr, 2025.
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