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MindTree moves up as Millennium Hotels chooses it as strategic IT partner

14 Dec 2011 Evaluate

MindTree is currently trading at Rs 401.25, up by 0.70 points or 0.17% from its previous closing of Rs 400.55 on the BSE.

The scrip opened at Rs 403.00 and has touched a high and low of Rs 403.50 and Rs 401.00 respectively.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 571.00 on 04-Jan-2011 and a 52 week low of Rs 321.20 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs 417.00 and Rs 390.00 respectively. The current market cap of the company is Rs 1628.14 crore.

The promoters holding in the company stood at 24.26% while Institutions and Non-Institutions held 26.53% and 49.21% respectively.

MindTree, a global IT and Product Engineering Services company has been selected as strategic IT partner for Millennium & Copthorne Hotels Plc’s latest e-business initiative.

The hotel group has selected MindTree to conceptualise, design, build and manage a new global e-commerce site that will transform the company's customer service experience and increase its revenues through e-channels.

MindTree a pioneer in Bluetooth technology space for over a decade has made key contributions to the development of Bluetooth low energy (v4.0) core specifications. MindTree also holds key positions in the Bluetooth SIG including that of Associate Councilor to the BARB (Bluetooth Architecture Review Board) and co-chair of the Medical working group.

Mindtree Share Price

3433.35 0.00 (0.00%)
22-Nov-2022 18:01 View Price Chart
Peers
Company Name CMP
TCS 2547.40
Infosys 1309.75
HCL Tech. 1454.70
Wipro 208.00
Tech Mahindra 1459.15
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