MoneyWorks4Me

FIIs, DIIs hike stake in MindTree in September quarter

14 Oct 2013 Evaluate

Foreign and domestic institutional holding in MindTree has increased by nearly 6 percentage points to 45.18% in September quarter from 39.44% at the end of June quarter. Foreign institutional investors (FIIs) have 35.65% holdings, while domestic institutional investors (DIIs) held 9.53% stake in the Bangalore-based information technology (IT) company as on September 30, 2013. FIIs and DIIs had held 30.99% and 8.45% stake respectively at the end of June quarter.

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.

Peers
Company Name CMP
TCS 2071.70
Infosys 1003.00
HCL Technologies 1253.70
Wipro 161.70
Tech Mahindra 1543.30
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