MindTree
Mindtree Performance
Day Range
- Low 3,380.30
- High 3,454.00
52 Week Range
- Low 0.00
- High 3,454.00
- Open Price3,400.00
- Previous Close3,429.00
- Volume1004872
Start SIP in MindTree
Start SIPMindtree Investment Rating
-
Master Rating:
-
LTIMindtree has an operating revenue of Rs. 34,918.50 Cr. on a trailing 12-month basis. An annual revenue growth of 109% is outstanding, Pre-tax margin of 17% is great, ROE of 26% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 11% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 71 which is a FAIR score but needs to improve its earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 143 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|
| Oper Rev Qtr Cr | 3,400 | 3,121 | 2,897 |
| Operating Expenses Qtr Cr | 2,704 | 2,463 | 2,289 |
| Operating Profit Qtr Cr | 697 | 658 | 608 |
| Depreciation Qtr Cr | 65 | 60 | 60 |
| Interest Qtr Cr | 14 | 12 | 12 |
| Tax Qtr Cr | 158 | 154 | 153 |
| Net Profit Qtr Cr | 509 | 472 | 473 |
Mindtree Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹3,497.19
- 50 Day
- ₹3,408.19
- 100 Day
- ₹3,386.77
- 200 Day
- ₹3,436.00
- 20 Day
- ₹3,503.25
- 50 Day
- ₹3,360.64
- 100 Day
- ₹3,280.11
- 200 Day
- ₹3,433.16
Mindtree Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 3,465.13 |
| Second Resistance | 3,496.42 |
| Third Resistance | 3,538.83 |
| RSI | 47.42 |
| MFI | 50.90 |
| MACD Single Line | 65.24 |
| MACD | 44.45 |
| Support | |
|---|---|
| First Resistance | 3,391.43 |
| Second Resistance | 3,349.02 |
| Third Resistance | 3,317.73 |
Mindtree Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | |||
| Week | |||
| 1 Month | |||
| 6 Month |
Mindtree Result Highlights
MindTree Synopsis
NSE-Computer-Tech Services
Ltimindtree is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs. 31975.40 Cr. and Equity Capital is Rs. 29.60 Cr. for the Year ended 31/03/2023. LTIMindtree Ltd. is a Public Limited Listed company incorporated on 23/12/1996 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L72900MH1996PLC104693 and registration number is 104693.| Market Cap | 165,034 |
| Sales | 33,637 |
| Shares in Float | 9.17 |
| No of funds | 561 |
| Yield | 1.43 |
| Book Value | 10.32 |
| U/D Vol ratio | 0.8 |
| LTDebt / Equity | |
| Alpha | -0.01 |
| Beta | 1.08 |
MindTree
| Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
|---|---|---|---|---|
| Promoters | 68.66% | 68.66% | 68.68% | 68.69% |
| Mutual Funds | 7.23% | 7.01% | 6.82% | 5.99% |
| Insurance Companies | 4.91% | 4.65% | 4.15% | 4.04% |
| Foreign Portfolio Investors | 8.11% | 8.21% | 8.41% | 9.21% |
| Financial Institutions/ Banks | 0.06% | 0.05% | 0.04% | |
| Individual Investors | 7.48% | 7.77% | 8.13% | 8.43% |
| Others | 3.55% | 3.65% | 3.81% | 3.6% |
MindTree Management
| Name | Designation |
|---|---|
| Mr. A M Naik | Chairman |
| Mr. S N Subrahmanyan | Vice Chairman |
| Mr. Debashis Chatterjee | Managing Director & CEO |
| Mr. Sudhir Chaturvedi | Whole Time Director |
| Mr. Nachiket Deshpande | Whole Time Director |
| Mr. R Shankar Raman | Non Executive Director |
| Mr. Chandrasekaran Ramakrishnan | Independent Director |
| Mr. James Abraham | Independent Director |
| Mr. Rajnish Kumar | Independent Director |
| Mr. Sanjeev Aga | Independent Director |
| Mr. Vinayak Chatterjee | Independent Director |
| Mrs. Apurva Purohit | Independent Director |
| Mr. Bijou Kurien | Independent Director |
Mindtree Forecast
Price Estimates
Mindtree Corporate Action
About Mindtree
MindTree FAQs
What is Share Price of MindTree ?
MindTree share price is ₹3,433 As on 02 December, 2023 | 18:13
What is the Market Cap of MindTree ?
The Market Cap of MindTree is ₹56643.3 Cr As on 02 December, 2023 | 18:13
What is the P/E ratio of MindTree ?
The P/E ratio of MindTree is 30 As on 02 December, 2023 | 18:13
What is the PB ratio of MindTree ?
The PB ratio of MindTree is 10.3 As on 02 December, 2023 | 18:13
What were the company's reported sales and net income in 2022?
For the FY 2021-22, Mindtree reported sales and net income of INR 10,525 crores and INR 1,653 crores, respectively.
What is the future of Mindtree Limited's shares?
Mindtree is a good company, and analysts are optimistic about its growth.
How to buy Mindtree Limited’s shares?
You can easily buy and sell the company's shares by creating a Demat account with 5Paisa.