Mindtree gains on developing container acceleration service ‘InnoApp for Kubernetes’

18 Sep 2019 Evaluate

Mindtree is currently trading at Rs. 701.85, up by 21.35 points or 3.14% from its previous closing of Rs. 680.50 on the BSE.

The scrip opened at Rs. 686.00 and has touched a high and low of Rs. 711.60 and Rs. 685.10 respectively. So far 36929 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1159.75 on 18-Sep-2018 and a 52 week low of Rs. 652.50 on 22-Jul-2019.

Last one week high and low of the scrip stood at Rs. 711.60 and Rs. 667.30 respectively. The current market cap of the company is Rs. 11526.59 crore.

The promoters holding in the company stood at 13.30%, while Institutions and Non-Institutions held 44.87% and 41.82% respectively.

Mindtree has developed new container acceleration service ‘InnoApp for Kubernetes’, enabling enterprises to deploy containerized cloud applications on Microsoft Azure, accelerating application setup and innovation. The service utilizes Kubernetes, the open source architecture for automating deployment and management of containerized applications.

The company’s new InnoApp for Kubernetes service greatly simplifies the process for clients to launch containerized application workloads on Microsoft Azure Kubernetes Service. The underlying platform for InnoApp for Kubernetes provides ready to use, industry proven infrastructure-as-code templates to accelerate app modernization for enterprises.

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
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