Sector: IT /Mid-Cap | Earnings Update 3QFY20 Background: Mindtree is a mid-cap IT company with revenues of INR 70.2bn (FY19). In 3QFY20: Revenue share by Geography mix: North America (74.6%), Europe (17.0%), India (4.0%) and ROW (4.4%). Revenue share by service mix: ADM & product engineering (12.7%), IMS (24.9%), Testing (17.7%), Packaging solutions (6.5%) and Digital (38.2%). Revenue share by Vertical mix: BFSI (21.3%), Retail CPG & Manufacturing (20.6%), Travel & Hospitality (16.6%), Hi-tech Media & Entertainment (41.5%).The company has 21,561 employees spread across 27 offices to cater to 320 active clients, which includes over 40 Fortune 500 companies. Top client revenue...