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Mindtree edges higher on partnering with IIT Madras

17 Sep 2018 Evaluate

Mindtree is currently trading at Rs. 1163.40, up by 18.25 points or 1.59% from its previous closing of Rs. 1145.15 on the BSE.

The scrip opened at Rs. 1144.35 and has touched a high and low of Rs. 1170.85 and Rs. 1144.35 respectively. So far 20128 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1181.90 on 11-Sep-2018 and a 52 week low of Rs. 452.25 on 25-Sep-2017.

Last one week high and low of the scrip stood at Rs. 1181.90 and Rs. 1124.00 respectively. The current market cap of the company is Rs. 19101.79 crore.

The promoters holding in the company stood at 13.35%, while Institutions and Non-Institutions held 51.50% and 35.15% respectively.

Mindtree has partnered with the Indian Institute of Technology (IIT) Madras to set up a dedicated Faculty Fellow position in Data Science and Artificial Intelligence. This endowment empowers the renowned academic institution, which has been at the forefront of developing the next-generation Digital Technology and Talent, with industry specific knowledge and resources to help create solutions to accelerate the growth and adoption of Data Science and AI globally.

Organizations across industries are continually striving to keep pace with the rapid technological transformation driven by AI, data analytics, and machine learning. Through this endowment, Mindtree will help accelerate the development of technology innovation in these fields.

IIT Madras has formalized a process to identify the faculty member who will be named to the Mindtree Faculty Fellow Position.

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

Mindtree Share Price

3433.35 0.00 (0.00%)
22-Nov-2022 18:01 View Price Chart
Peers
Company Name CMP
TCS 2577.65
Infosys 1313.10
HCL Tech. 1433.85
Wipro 203.65
Tech Mahindra 1512.65
View more..

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