Mindtree soars on plan to manage Kellogg’s global digital marketing platform

06 Feb 2015 Evaluate

Mindtree is currently trading at Rs. 1365.00, up by 29.90 points or 2.24% from its previous closing of Rs. 1335.10 on the BSE.

The scrip opened at Rs. 1345.00 and has touched a high and low of Rs. 1369.85 and Rs. 1340.50 respectively. So far 4877 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1428.75 on 20-Jan-2015 and a 52 week low of Rs. 649.20 on 19-May-2014.

Last one week high and low of the scrip stood at Rs. 1369.85 and Rs. 1251.00 respectively. The current market cap of the company is Rs. 11433.92 crore.

The promoters holding in the company stood at 13.74% while Institutions and Non-Institutions held 47.84% and 38.42% respectively.

Mindtree, a global technology services company, is working with the Kellogg Company, the world’s leading cereal company and second largest producer of cookies, crackers and savory snacks, to manage its global digital marketing platform. Mindtree will manage and support the marketing IT infrastructure to execute Kellogg’s brand efforts and digital marketing innovation across 400+ digital properties.

As the sole managed services partner for all of Kellogg’s digital marketing properties, Mindtree will support Kellogg's industry leading digital initiatives with more than 100 monthly production deployments. While managing a diverse pipeline of projects and technologies, Mindtree will leverage the latest in security technologies and cloud infrastructure to support global efforts across more than 50 brands. Special attention will focus on quick turnarounds and increasing speed to market, all while partnering with 10 creative and digital agencies, as well as many other specialists.

This partnership will take advantage of Mindtree’s Gainesville (FL) Delivery Center, providing Kellogg a U.S. based team that will be augmented by other global offices for round-the-clock service.

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
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