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MindTree Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 51910.20 Crore) operating in IT Software sector.
MindTree Ltd. key Products/Revenue Segments include Software Development Charges for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 3160.60 Crore, up 5.80 % from last quarter Total Income of Rs 2987.30 Crore and up 33.73 % from last year same quarter Total Income of Rs 2363.50 Crore. Company reported net profit after tax of Rs 471.60 Crore in latest quarter.
Investment Rationale
Breakout from a multi week base triangle formation. Daily momentum indicator on new upside cycle.
Promoter/FII Holdings
Promoters held 60.99 per cent stake in the company as of 30-Jun-2022, while FIIs owned 11.69 per cent, DIIs 12.07 per cent.
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