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Mindtree crawl higher on commencing project activity at Bhubaneswar campus

27 Jan 2012 Evaluate

Mindtree is currently trading at Rs. 440.00, up by 3.40 points or 0.78% from its previous closing of Rs. 436.60 on the BSE.

The scrip opened at Rs. 438.00 and has touched a high and low of Rs. 440.45 and Rs. 437.10 respectively. So far 4107 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs. 545.40 on 27-Jan-2011 and a 52 week low of Rs. 321.20 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs 465.00 and Rs 429.85 respectively. The current market cap of the company is Rs 1775.86 crore.

The promoters holding in the company stood at 24.05% while Institutions and Non-Institutions held 27.23% and 48.72% respectively.

MindTree, a global IT and Product Engineering Services Company has started work on its 20-acre campus, to be named MindTree Kalinga, as a part of the Chandaka Special Economic Zone in Bhubaneswar, Odisha.

Bangalore's reputed architects, Chandavarkar & Associates have designed the 20-acre campus taking a cue from the ancient architectural principles behind local temples and applied them to a modern design. The campus is being built in a phase-wise manner and the first phase of 200,000 square feet will be completed in 2013.

At an impressive ceremony, students from various local educational institutions poured earth specially brought in from many different places in the world at the base of a Krishna Ficus tree at the proposed site. The chief minister of Odisha consecrated the event by pouring earth from the state.

MindTree offers IT services across the consumer goods value chain, spanning product development and manufacturing intelligence systems, supply chain execution and optimization solutions and customer and consumer management solutions.

Mindtree Share Price

3433.35 0.00 (0.00%)
22-Nov-2022 18:01 View Price Chart
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