MindTree is currently trading at Rs. 698.00, up by 12.20 points or 1.78% from its previous closing of Rs. 685.80 on the BSE.
The scrip opened at Rs. 690.00 and has touched a high and low of Rs. 700.00 and Rs. 690.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 761.95 on 12-Sep-2012 and a 52 week low of Rs. 336.00 on 04-Oct-2011.
Last one week high and low of the scrip stood at Rs. 719.00 and Rs. 682.80 respectively. The current market cap of the company is Rs. 2,863.00 crore.
The promoters holding in the company stood at 19.83% while Institutions and Non-Institutions held 32.78% and 47.39% respectively.
MindTree, a global IT and product engineering services company, has opened its new US Development Center (USDC) in Gainesville, Florida for business. The company’s US Development Center is expected to bring some 400 new jobs to the Gainesville area. MindTree is hiring from the University of Florida and other universities across the country.
MindTree’s new US Development Center is its first outside of India and is part of the company’s strategy to broaden its IT and software consulting offerings to its clients in the states. MindTree is renovating and repurposing an existing structure located across from Gainesville's Innovation Hub and Innovation Square, providing it with close access to the University of Florida's College of Computer Science and Engineering.
Besides, all functions at the USDC are being overseen by its new general manager, Joelle Smith. Joelle has been selected to lead MindTree's expansion of its US presence and cultivate new IT and engineering talent in the region.
MindTree offers IT services across the consumer goods value chain, spanning product development and manufacturing intelligence systems, supply chain execution and optimization solutions and customer and consumer management solutions.
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