Mindtree Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 41109.11 Crore) operating in IT Software sector.
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 2148.20 Crore, up 3.02 % from last quarter Total Income of Rs 2085.30 Crore and up 3.84 % from last year same quarter Total Income of Rs 2068.80 Crore. Company reported net profit after tax of Rs 317.30 Crore in latest quarter.
The stock is currently trading at 25x FY23E EPS. It has been one of the best performers in the IT sector in the last one year, with returns of 155%. The key positives are already captured, and the brokerage sees limited upside hereafter.
Promoters held 61 per cent stake in the company , FIIs held 13.9 per cent, DIIs 10.9 per cent and public and others 14.2 per cent.
(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.Most Related Links :
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