|
19 Oct 2020
|
MindTree
|
Chola Wealth Direct
|
3433.85
|
1468.00
|
1341.75
(155.92%)
|
Target met |
Neutral
|
|
|
|
|
16 Oct 2020
|
MindTree
|
Dolat Capital
|
3433.85
|
1190.00
|
1329.15
(158.35%)
|
|
Sell
|
|
|
|
|
16 Oct 2020
|
MindTree
|
Arihant Capital
|
3433.85
|
1517.00
|
1329.15
(158.35%)
|
Target met |
Hold
|
|
|
|
|
16 Oct 2020
|
MindTree
|
Axis Direct
|
3433.85
|
1530.00
|
1329.15
(158.35%)
|
Target met |
Hold
|
|
|
Mindtree reported much broad based growth in Q2 FY21, revenue stood at Rs. 1,926 crs up 0.6% YoY and 0.9% QoQ. Operating profit showed a growth of 52.5% YoY at Rs. 378 cr, operating margin grew by 170 bps at 16.7% than previous quarter aided by strong execution
|
|
16 Oct 2020
|
MindTree
|
Motilal Oswal
|
3433.85
|
1550.00
|
1329.15
(158.35%)
|
Target met |
Neutral
|
|
|
|
|
16 Oct 2020
|
MindTree
|
ICICI Securities Limited
|
3433.85
|
1680.00
|
1329.15
(158.35%)
|
Target met |
Buy
|
|
|
|
|
16 Oct 2020
|
MindTree
|
Prabhudas Lilladhar
|
3433.85
|
1625.00
|
1341.75
(155.92%)
|
Target met |
Buy
|
|
|
|
|
15 Oct 2020
|
MindTree
|
BOB Capital Markets Ltd.
|
3433.85
|
1540.00
|
1329.15
(158.35%)
|
Target met |
Accumulate
|
|
|
Mindtree (MTCL) reported a strong Q2FY21 operational performance, with dollar revenue up 3.1% QoQ and EBIT margin at a 20-quarter high of 17.3% (+360bps QoQ).
|
|
20 Jul 2020
|
MindTree
|
Geojit BNP Paribas
|
3433.85
|
1102.00
|
1021.00
(236.32%)
|
Target met |
Hold
|
|
|
Despite the uncertain macro-economic environment due to COVID-19, we expect, large deal (Realogy), along with cost optimization and strong cash conversion should support company's topline. Therefore, we upgraded our rating to HOLD on the stock with a revised target price of Rs. 1,102 based on 20.5x FY22E adj. EPS. Decent show despite challenging times Company recorded revenue of Rs. 1,909cr (+4.1% YoY), led by Communication, Media and Technology (CMT; contributing 51.0% to total revenue, +34.7% YoY to Rs. 974cr),...
|
|
17 Jul 2020
|
MindTree
|
Arihant Capital
|
3433.85
|
1062.00
|
1022.00
(235.99%)
|
Target met |
Hold
|
|
|
Mindtree reported good set of numbers in Q1FY21. Revenue stood slightly below our estimates while EBITDA and PAT are above our estimates. Company anticipates a healthy order book of USD 391M despite the global headwinds due to Covid-19 pandemic. Consolidated revenue for Q1FY21 stood at Rs 19,088 mn, slightly below our estimate of Rs 20,827 mn registering -6.9% QoQ/+4.1% YoY growth. Reported EBITDA grew +74.9% YoY/flat -0.5% QoQ to Rs 3,220 mn, above our estimate of Rs 2,916 mn, while EBITDA margin expanded 683bps...
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