Recently, the stock price of Mindtree Ltd.(Mindtree) corrected by ~28% from 52-week high of Rs.1,184as the company has posted lower revenue growth mainly due to closure of some projectin Europein the quarter. Mindtree, a mid-tier IT company, has presence in select verticals like, BFSI, Retail, Travel, Hi-Tech and services like, Digital, IMS and ADM. Its success is largely due to its niche positioning and strong management pedigree. Its strategy has been backed by strong execution, which has helped it grow above industry rate at a CAGR of 14% in IT Services business in the last five...