Mindtree Stocks rise by 8.77 Percent

By SiliconIndia   |   Thursday, June 30, 2011
Print Print Email Email
News Content Image

Bangalore: When the markets closed today, Mindtree stocks took a leap by 8.77 percent. After opening the day at Rs. 364.80, the stock touched the day's high of Rs. 426.60, before closing the day at Rs. 392.65. The previous close price was Rs. 361.00 Through the day 39.99 million shares were traded in the market with the current P/E ratio of 15.83. Net profit for the January-March period was Rs. 320 million, down from Rs. 544 million a year earlier. Profit grew 4.9 percent on a sequential basis. The 52 week stock chart is on the left MindTree formerly MindTree Consulting is an international information technology (IT) consulting and implementation company. It delivers business solutions through global software development. It operates in two units: production engineering (PE) services and IT services. PE services include research and development (R&D) services and software product engineering (SPE). SPE provides full life cycle product engineering, professional services and sustained engineering services. IT Services offer consulting and implementation and post production support for customers in manufacturing, financial services, travel and leisure and other industries, in the areas of e-business, data warehousing and business intelligence, supply chain management, enterprise resource planning (ERP) and maintenance and re-engineering of legacy mainframe applications.
Looking For Loan? Let us Help you !!!
Loan Amount
Annual Income
Preferred banks
Type the characters you see in the picture
Brookfield to buy RIL E-W Pipeline
Canadian investor Brookfield has acquired the loss-making East-West Pipeline Ltd from Mukesh Amba..
Bharti Airtel board approves
Telecom major Bharti Airtel on Thursday said its board of directors has approved fund raising ..
90% of developing economies
Ninety per cent of developing economies, including India are falling behind or are at risk of fall..
Banks need to raise own capital
Public Sector Banks (PSBs) may raise capital themselves to meet regulatory and growth ..