MoneyWorks4Me

Mindtree’s founders may sell entire controlling stake: Report

27 Jun 2018 Evaluate

Mindtree’s founders are reportedly in talks to sell entire controlling stake. Japan’s NEC Corporation and a large global private equity firm may acquire this stake in Mindtree from its founders.

The company’s promoter own 13.35% stake valued at Rs 2,087.15 crore at current stock price, while the rest of the company remains with the public.

Mindtree delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition.

Peers
Company Name CMP
TCS 2068.90
Infosys 991.00
HCL Technologies 1240.10
Wipro 159.90
Tech Mahindra 1546.30
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