Mindtree slips on reporting 35% fall in Q2 net profit

17 Oct 2019 Evaluate

Mindtree is currently trading at Rs. 728.80, down by 14.50 points or 1.95% from its previous closing of Rs. 743.30 on the BSE.

The scrip opened at Rs. 748.50 and has touched a high and low of Rs. 748.50 and Rs. 720.00 respectively. So far 48566 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 998.00 on 17-Oct-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. 750.45 and Rs. 715.00 respectively. The current market cap of the company is Rs. 11929.79 crore.

The promoters holding in the company stood at 73.76%, while Institutions and Non-Institutions held 16.11% and 10.13% respectively.

The company has reported 34.53% fall in its net profit at Rs 135.00 crore for second quarter ended September 30, 2019 as compared to Rs 206.20 crore for the same quarter in the previous year. However, total income of the company increased by 6.98% at Rs 1,934.00 crore for Q2FY20 as compared Rs 1807.80 crore for the corresponding quarter previous year.

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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