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Mindtree gains on getting nod for raising upto $ 1 billion

20 Jun 2014 Evaluate

Mindtree is currently trading at Rs. 913.00, up by 52.20 points or 6.06% from its previous closing of Rs. 860.80 on the BSE.

The scrip opened at Rs. 870.85 and has touched a high and low of Rs. 918.60 and Rs. 870.85 respectively. So far 33900 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 872.00 on 19-Jun-2014 and a 52 week low of Rs. 402.65 on 03-Jul-2013.

Last one week high and low of the scrip stood at Rs. 872.00 and Rs. 795.00 respectively. The current market cap of the company is Rs. 7611.46 crore.

The promoters holding in the company stood at 16.52 % while Institutions and Non-Institutions held 46.04 % and 37.43 % respectively.

Mindtree has received its shareholders approval to raise upto $1 billion. The company’s shareholders have also authorized the company’s board to sell, lease or mortgage movable as well as immovable properties.

These proposals were approved by the shareholders through a postal ballot, according to a regulatory filing made by the company. The company has also got the nod from shareholders to increase its authorised share capital.

Mindtree is a global information technology consulting firm specializing in corporate IT services and solutions. It provides services such as Application Maintenance Services, Business Intelligence, Mainframe and System I, Infrastructure Management and Technical Support, etc.

Mindtree Share Price

3433.35 0.00 (0.00%)
22-Nov-2022 18:01 View Price Chart
Peers
Company Name CMP
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Tech Mahindra 1511.85
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