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Mindtree creeps higher on unveiling new brand entity

Mindtree Ltd. - (Amalgamated) | IT - Software | IT & ITES | BSE: 532819 | NSE: MINDTREE

28 Sep 2012 Evaluate

Mindtree is currently trading at Rs 666.70, up by 3.05 points or 0.46% from its previous closing of Rs 663.65 on the BSE.

The scrip opened at Rs 669.00 and has touched a high and low of Rs 678.95 and Rs 663.15 respectively. So far 14817 shares were traded on the counter.

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 705.65 and Rs 658.00 respectively. The current market cap of the company is Rs 2745.76 crore.

The promoters holding in the company stood at 19.83% while Institutions and Non-Institutions held 32.78% and 47.39% respectively.

Mindtree the global IT solutions company has introduced a new brand identity by unveiling its mission, values and logo. The rebranding initiative reinforces Mindtree's ongoing transformation to an expertise-led organization. The new brand identity is meant to highlight Mindtree's differentiated approach to sophisticated global customers, while also appealing to younger audiences that form the global talent pool of the future.

Further the company has stated that the rebranding activity is a strategic component of Mindtree's vision of becoming a billion dollar company and will bring alive the new values of 'Collaborative Spirit, Unrelenting Dedication and Expert Thinking'.

Mindtree's new logo of multiple strands weaving into a harmonious hub represents the meeting of minds and technology and speaks of humanity while projecting a forward looking momentum. The tagline 'Welcome to possible' is a simple but powerful expression of the brand mission, values and promise. The brand identity was designed in Los Angeles, USA by Siegel + Gale.

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.

Mindtree Share Price

3433.35 0.00 (0.00%)

22-Nov-2022 18:01 View Price Chart

Peers

Company Name	CMP
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Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
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Mindtree creeps higher on unveiling new brand entity

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