View Financial HealthThis company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsMindtree 配当と自社株買い配当金 基準チェック /46主要情報1.1%配当利回り-0.001%バイバック利回り総株主利回り1.1%将来の配当利回り1.7%配当成長23.6%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向24%最近の配当と自社株買いの更新お知らせ • Jul 14Mindtree Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022Mindtree Limited had recommended a final dividend of 270% (INR 27 per equity share of par value INR 10 each) for the financial year ended March 31, 2022 which is subject to the approval of shareholders at the Annual General Meeting to be held on July 13, 2022.Upcoming Dividend • Jun 28Upcoming dividend of ₹27.00 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.9%). Lower than average of industry peers (1.8%).Upcoming Dividend • Jun 29Upcoming dividend of ₹17.50 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 31 July 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.2%).Upcoming Dividend • Oct 19Upcoming Dividend of ₹7.50 Per ShareWill be paid on the 11th of November to those who are registered shareholders by the 26th of October. The trailing yield of 1.3% is below the top quartile of Indian dividend payers (2.3%), but is in line with industry peers (1.3%).すべての更新を表示Recent updatesお知らせ • Nov 26Mindtree Limited(NSEI:MINDTREE) dropped from FTSE All-World Index (USD)Mindtree Limited(NSEI:MINDTREE) dropped from FTSE All-World Index (USD)お知らせ • Nov 15Larsen & Toubro Infotech Limited (NSEI:LTI) completed the acquisition of 39% stake in Mindtree Limited (NSEI:MINDTREE).Larsen & Toubro Infotech Limited (NSEI:LTI) agreed to acquire 39% stake in Mindtree Limited (NSEI:MINDTREE) on May 6, 2022. Upon the scheme becoming effective, all shareholders of Mindtree will be issued shares of LTI at the ratio of 73 shares of LTI for every 100 shares of Mindtree. Larsen & Toubro Limited will hold 68.73 % of LTI after the merger. For now, the companies will continue to function independently. A steering committee will be constituted to oversee the transition till the merger process is complete. The Boards of Directors of Mindtree and LTI at their respective meetings held today approved a composite scheme of amalgamation. Transaction completion is subject to shareholders, creditors and regulatory approvals including from stock exchanges and NCLT. Closing is expected to be achieved within 9 to 12 months. Citigroup Global Markets India Private Limited acted as financial advisors, Cyril Amarchand Mangaldas acted as the legal advisors, Kroll Advisory Pvt. Ltd. provided fairness opinion to LTI and GT Valuation Advisors Private Limited were appointed as valuers by LTI. KPMG India Services LLP acted as financial advisor, JSA (Advocates and Solicitors) acted as legal advisors and Ernst & Young Merchant Banking Services LLP were appointed as valuers by Mindtree. Zia Mody, Ashwath Rau and Kashish Bhatia of AZB & Partners acted as a legal advisor to Larsen & Toubro Infotech Limited. Ernst & Young acted as financial advisor for Mindtree Limited. Stephen M. Kotran of Sullivan & Cromwell acted as legal advisors to Goldman Sachs (India) Securities Private Limited. Goldman Sachs (India) Securities Private Limited provided fairness opinion to Mindtree Limited. Larsen & Toubro Infotech Limited (NSEI:LTI) completed the acquisition of 39% stake in Mindtree Limited (NSEI:MINDTREE) on November 14, 2022. Post completion, Mindtree Limited will be amalgamated with Larsen & Toubro Infotech and form LTIMindtree. LTIMindtree will thus become the fifth largest IT services company in India in terms of current market capitalization. The scheme of amalgamation has been approved by the National Company Law Tribunal of India. The Record Date to determine the eligible shareholders of Mindtree for issue of equity shares of LTI pursuant to the scheme is fixed as November 24, 2022. Pursuant to the applicable provisions of the Companies Act, 2013 and SEBI LODR, and in terms of Clause 5(y) of the Scheme, this is to inform you that the Board of Directors of LTI & Mindtree have fixed Thursday, November 24, 2022 as the ‘Record Date’ for the purpose of determining the shareholders of Mindtree Limited to whom equity shares of the Amalgamated Company would be allotted pursuant to the Scheme.Recent Insider Transactions • Nov 06Board Member recently sold ₹8.5m worth of stockOn the 1st of November, Venugopal Lambu sold around 3k shares on-market at roughly ₹3,416 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹63m more than they bought in the last 12 months.Recent Insider Transactions • Oct 29Board Member recently sold ₹8.5m worth of stockOn the 21st of October, Venugopal Lambu sold around 3k shares on-market at roughly ₹3,416 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹54m more than they bought in the last 12 months.Reported Earnings • Oct 15Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: ₹30.86 (up from ₹24.21 in 2Q 2022). Revenue: ₹34.8b (up 34% from 2Q 2022). Net income: ₹5.09b (up 28% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 04Mindtree Limited to Report Q2, 2023 Results on Oct 13, 2022Mindtree Limited announced that they will report Q2, 2023 results at 4:00 PM, Indian Standard Time on Oct 13, 2022お知らせ • Sep 23Mindtree Launches an Integrated Cloud-Based Solution to Accelerate Digital Transformation in the Construction IndustryMindtree announced the launch of Construction 360, a comprehensive, integrated cloud-based Salesforce solution designed to enable construction companies to streamline processes and increase productivity. Launched at Dreamforce 2022, Construction 360 combines Mindtree's extensive domain expertise, cloud capabilities, and NxT product suite with Salesforce's advanced Sales Cloud, Service Cloud, and other technologies. It provides the needed digital infrastructure for construction companies to gain real-time end-to-end visibility across the construction value chain and adopt next-generation technologies, boosting efficiencies, streamlining costs, and accelerating time-to- market. The solution enables construction companies to maximize performance and predictability across project lifecycle through superior management of bids, clients, suppliers, and projects, enhanced resource mobilization, and improved asset operations, thus making their operations and projects more sustainable. By using sophisticated Internet of Things, building information modeling, augmented reality/virtual reality, artificial intelligence and machine learning technologies, the solution aids data-driven decision-making, automation of key tasks, and better forecasting. With Construction 360, construction companies can improve bid cycle time from tender to execution, win ratio through past tender analytics and efficient quoting, and workforce and inventory utilization through better planning. They can also reduce supplier risks and onboarding time with greater milestone visibility, while better anticipating service needs for safety and inspection tracking.Recent Insider Transactions • Sep 23Insider recently sold ₹781k worth of stockOn the 16th of September, Khyati Shah sold around 250 shares on-market at roughly ₹3,122 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹4.6m. Insiders have been net sellers, collectively disposing of ₹58m more than they bought in the last 12 months.Recent Insider Transactions • Aug 25General Counsel recently sold ₹4.6m worth of stockOn the 18th of August, Sonal Basu sold around 1k shares on-market at roughly ₹3,508 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹91m more than they bought in the last 12 months.Recent Insider Transactions • Jul 27Insider recently sold ₹3.1m worth of stockOn the 21st of July, Subramanyam Putrevu sold around 1k shares on-market at roughly ₹3,088 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹83m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹3,216, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 25x in the IT industry in India. Total returns to shareholders of 381% over the past three years.Price Target Changed • Jul 15Price target decreased to ₹3,427Down from ₹3,686, the current price target is an average from 34 analysts. New target price is 21% above last closing price of ₹2,830. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of ₹117 for next year compared to ₹100 last year.お知らせ • Jul 14Mindtree Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022Mindtree Limited had recommended a final dividend of 270% (INR 27 per equity share of par value INR 10 each) for the financial year ended March 31, 2022 which is subject to the approval of shareholders at the Annual General Meeting to be held on July 13, 2022.Price Target Changed • Jul 06Price target decreased to ₹3,697Down from ₹3,997, the current price target is an average from 30 analysts. New target price is 29% above last closing price of ₹2,860. Stock is up 12% over the past year. The company is forecast to post earnings per share of ₹115 for next year compared to ₹100 last year.お知らせ • Jun 29Mindtree Limited to Report Q1, 2023 Results on Jul 13, 2022Mindtree Limited announced that they will report Q1, 2023 results at 4:00 AM, Indian Standard Time on Jul 13, 2022Upcoming Dividend • Jun 28Upcoming dividend of ₹27.00 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.9%). Lower than average of industry peers (1.8%).Reported Earnings • Jun 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹100 (up from ₹67.44 in FY 2021). Revenue: ₹105.3b (up 32% from FY 2021). Net income: ₹16.5b (up 49% from FY 2021). Profit margin: 16% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • May 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be ₹3,458, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.お知らせ • May 08Larsen & Toubro Infotech Limited (NSEI:LTI) agreed to acquire unknown stake in Mindtree Limited (NSEI:MINDTREE).Larsen & Toubro Infotech Limited (NSEI:LTI) agreed to acquire unknown stake in Mindtree Limited (NSEI:MINDTREE) on May 6, 2022. Upon the scheme becoming effective, all shareholders of Mindtree will be issued shares of LTI at the ratio of 73 shares of LTI for every 100 shares of Mindtree. Larsen & Toubro Limited will hold 68.73 % of LTI after the merger. The Boards of Directors of Mindtree and LTI at their respective meetings held today approved a composite scheme of amalgamation. Transaction completion is subject to shareholders, creditors and regulatory approvals including from stock exchanges and NCLT. Closing is expected to be achieved within 9 to 12 months. Citigroup Global Markets India Private Limited acted as financial advisors, Cyril Amarchand Mangaldas acted as the legal advisors, Kroll Advisory Pvt. Ltd. provided fairness opinion to LTI and GT Valuation Advisors Private Limited were appointed as valuers by LTI. KPMG India Services LLP acted as financial advisor, JSA (Advocates and Solicitors) acted as legal advisors, Goldman Sachs (India) Securities Private Limited provided fairness opinion and Ernst & Young Merchant Banking Services LLP were appointed as valuers by Mindtree.Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Additional Executive Director & President of Global Markets Venu Lambu was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 19+ 3 more updatesMindtree Clarifies on Reports of Merger with L&T InfotechMindtree Limited (NSEI:MINDTREE) on 18 April 2022 clarified on reports of merger with Larsen & Toubro Infotech Limited (NSEI:LTI), saying they are speculative in nature. "We wish to clarify that news reports of a merger between Mindtree Ltd. and L&T Infotech are speculative in nature. In this regard, we would like to state that there is no information available with the company as of 18 April 2022, which is required to be reported under extant SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and which may have a bearing on the stock price," the company said.Reported Earnings • Apr 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹100 (up from ₹67.44 in FY 2021). Revenue: ₹108.3b (up 36% from FY 2021). Net income: ₹16.5b (up 49% from FY 2021). Profit margin: 15% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 18%, compared to a 16% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 06Mindtree Limited (NSEI:MINDTREE) agreed to acquire a 6.64% stake in COPE Healthcare Consulting, Inc.Mindtree Limited (NSEI:MINDTREE) agreed to acquire a 6.64% stake in COPE Healthcare Consulting, Inc on April 4, 2022. The indicative time period for completion of the acquisition is on or before May 4, 2022.お知らせ • Apr 05Mindtree Limited to Report Q4, 2022 Results on Apr 18, 2022Mindtree Limited announced that they will report Q4, 2022 results on Apr 18, 2022お知らせ • Apr 01Mindtree Limited Announces Cessation of Prasanna Rangacharya Mysore as Independent DirectorMindtree Limited announced that Mr. Prasanna Rangacharya Mysore, who was appointed as an Independent Director with effect from July 16, 2019, has ceased to be Director of the Company from March 31, 2022 on completion of his tenure.Recent Insider Transactions • Mar 11Chief Business Officer recently sold ₹9.9m worth of stockOn the 9th of March, Vijayaram Parupudi sold around 2k shares on-market at roughly ₹4,120 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹90m more than they bought in the last 12 months.Recent Insider Transactions • Mar 05Insider recently sold ₹7.8m worth of stockOn the 28th of February, Suresh Gurumurthy sold around 2k shares on-market at roughly ₹3,882 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹80m more than they bought in the last 12 months.Recent Insider Transactions • Feb 24Insider recently sold ₹3.9m worth of stockOn the 21st of February, Suresh Gurumurthy sold around 1k shares on-market at roughly ₹3,863 per share. In the last 3 months, they made an even bigger sale worth ₹4.7m. Insiders have been net sellers, collectively disposing of ₹72m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹3,585, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 30x in the IT industry in India. Total returns to shareholders of 326% over the past three years.Reported Earnings • Jan 14Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: ₹26.55 (up from ₹19.82 in 3Q 2021). Revenue: ₹28.2b (up 39% from 3Q 2021). Net income: ₹4.38b (up 34% from 3Q 2021). Profit margin: 16% (in line with 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 22%, compared to a 16% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jan 14Price target increased to ₹4,550Up from ₹4,224, the current price target is an average from 30 analysts. New target price is approximately in line with last closing price of ₹4,545. Stock is up 168% over the past year. The company is forecast to post earnings per share of ₹97.64 for next year compared to ₹67.44 last year.Recent Insider Transactions • Dec 10Insider recently sold ₹4.6m worth of stockOn the 8th of December, Suresh Gurumurthy sold around 1k shares on-market at roughly ₹4,620 per share. In the last 3 months, they made an even bigger sale worth ₹27m. Insiders have been net sellers, collectively disposing of ₹79m more than they bought in the last 12 months.Recent Insider Transactions • Nov 26Insider recently sold ₹2.4m worth of stockOn the 24th of November, Suresh Gurumurthy sold around 500 shares on-market at roughly ₹4,837 per share. In the last 3 months, they made an even bigger sale worth ₹27m. Insiders have been net sellers, collectively disposing of ₹224m more than they bought in the last 12 months.Recent Insider Transactions • Oct 22Insider recently sold ₹16m worth of stockOn the 20th of October, Sonal Basu sold around 3k shares on-market at roughly ₹4,754 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹27m. Insiders have been net sellers, collectively disposing of ₹230m more than they bought in the last 12 months.Reported Earnings • Oct 14Second quarter 2022 earnings released: EPS ₹24.21 (vs ₹15.41 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹26.6b (up 38% from 2Q 2021). Net income: ₹3.99b (up 57% from 2Q 2021). Profit margin: 15% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 06Price target increased to ₹3,141Up from ₹2,768, the current price target is an average from 26 analysts. New target price is 25% below last closing price of ₹4,175. Stock is up 201% over the past year.Price Target Changed • Oct 01Price target increased to ₹2,807Up from ₹2,608, the current price target is an average from 27 analysts. New target price is 33% below last closing price of ₹4,200. Stock is up 214% over the past year.Recent Insider Transactions • Sep 25Insider recently sold ₹27m worth of stockOn the 21st of September, Suresh Gurumurthy sold around 7k shares on-market at roughly ₹4,181 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹214m more than they bought in the last 12 months.Price Target Changed • Sep 24Price target increased to ₹2,738Up from ₹2,527, the current price target is an average from 27 analysts. New target price is 40% below last closing price of ₹4,601. Stock is up 263% over the past year.Recent Insider Transactions • Sep 08Insider recently sold ₹1.9m worth of stockOn the 6th of September, Madhup Jain sold around 500 shares on-market at roughly ₹3,820 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.1b more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹3,501, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 32x in the IT industry in India. Total returns to shareholders of 256% over the past three years.Recent Insider Transactions • Aug 03Insider recently bought ₹1.2m worth of stockOn the 30th of July, Ramaswamy Govindan bought around 400 shares on-market at roughly ₹2,922 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹5.9b more in shares than they bought in the last 12 months.Reported Earnings • Jul 15First quarter 2022 earnings released: EPS ₹20.85 (vs ₹12.94 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹23.6b (up 24% from 1Q 2021). Net income: ₹3.43b (up 61% from 1Q 2021). Profit margin: 14% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jul 15Price target increased to ₹2,364Up from ₹2,162, the current price target is an average from 25 analysts. New target price is 13% below last closing price of ₹2,702. Stock is up 177% over the past year.Upcoming Dividend • Jun 29Upcoming dividend of ₹17.50 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 31 July 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.2%).Reported Earnings • Jun 23Full year 2021 earnings released: EPS ₹67.44 (vs ₹38.36 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹79.7b (up 2.6% from FY 2020). Net income: ₹11.1b (up 76% from FY 2020). Profit margin: 14% (up from 8.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Apr 24Price target increased to ₹1,925Up from ₹1,775, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹2,019. Stock is up 159% over the past year.Reported Earnings • Apr 21Full year 2021 earnings released: EPS ₹67.44 (vs ₹38.36 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹79.7b (up 2.6% from FY 2020). Net income: ₹11.1b (up 76% from FY 2020). Profit margin: 14% (up from 8.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Mar 31Lead Independent Director recently sold ₹40m worth of stockOn the 26th of March, Apurva Purohit sold around 2m shares on-market at roughly ₹23.42 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.8b more than they bought in the last 12 months.Is New 90 Day High Low • Mar 09New 90-day high: ₹1,793The company is up 23% from its price of ₹1,456 on 09 December 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹530 per share.Recent Insider Transactions • Feb 27Insider recently bought ₹159k worth of stockOn the 23rd of February, Vinit Teredesai bought around 100 shares on-market at roughly ₹1,587 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹2.0m. Despite this recent purchase, insiders have collectively sold ₹9.8b more in shares than they bought in the last 12 months.お知らせ • Feb 22Mindtree Achieves Google Cloud Partner Specialization in Application DevelopmentMindtree announced that it has achieved the Application Development Partner Specialization in the Google Cloud Partner Advantage Program. This specialization highlights Mindtree's expertise and success in building customer solutions in application development using Google Cloud technology. The Google Cloud Partner Advantage Program is designed to provide Google Cloud customers with qualified partners that have demonstrated technical proficiency and proven success in specialized solution and service areas. Earning this recognition highlights Mindtree's ability to successfully drive digitalization from cloud migration to application usage and modernization. Mindtree is a premier Google Cloud partner, offering clients a complete spectrum of cloud services, including big data services, migration and transformation, implementing SAP, data science, artificial intelligence, and machine learning services. Through collaboration with Google Cloud, Mindtree has strengthened its position as the go-to-partner for its customers to help with architecture, design, and building solutions or platforms that can deliver faster, resilient, and reliable systems with a quicker time to market.Recent Insider Transactions • Jan 30Insider recently bought ₹2.5m worth of stockOn the 22nd of January, Ramaswamy Govindan bought around 1k shares on-market at roughly ₹1,789 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹12b more in shares than they bought in the last 12 months.お知らせ • Jan 22Mindtree Partners with Aflac to Develop MyAflac Mobile, an Enhanced Mobile ApplicationMindtree announced that it has worked with Aflac to develop an enhanced mobile application, called MyAflac Mobile, that enables users to conveniently file claims directly from their mobile device, simplifying the claims process. As policyholders navigate their way through a stressful time due to the global pandemic, Aflac is focused on easing the claims process driven by automated, self-service tools to further improve the user experience and deliver on greater customer centricity. The enhanced mobile app, MyAflac Mobile, enables policyholders to file claims at their convenience, receive notifications, and upload the correct documents easily and quickly so that claims can be processed faster. Customers can also set up direct deposit through the app so they are able to receive payments without any additional steps. The enhanced app utilizes a modern technology stack and provides a more responsive and mobile friendly experience. MyAflac, which was developed in an exclusive collaboration between Mindtree and Aflac, is now available on Google Play and in the App Store. Within the first three days of its launch, it was downloaded more than 60,000 times.Analyst Estimate Surprise Post Earnings • Jan 21Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Over the next year, revenue is forecast to grow 11%, compared to a 12% growth forecast for the IT industry in India.Reported Earnings • Jan 19Third quarter 2021 earnings released: EPS ₹19.82The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹20.9b (up 6.1% from 3Q 2020). Net income: ₹3.27b (up 66% from 3Q 2020). Profit margin: 16% (up from 10.0% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Jan 19Price target raised to ₹1,612Up from ₹1,483, the current price target is an average from 25 analysts. The new target price is close to the current share price of ₹1,680. As of last close, the stock is up 87% over the past year.Is New 90 Day High Low • Jan 08New 90-day high: ₹1,739The company is up 16% from its price of ₹1,504 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹510 per share.Recent Insider Transactions • Dec 27Vice President recently sold ₹8.0m worth of stockOn the 23rd of December, Prashant Mehra sold around 5k shares on-market at roughly ₹1,600 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹49m. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.Is New 90 Day High Low • Dec 23New 90-day high: ₹1,596The company is up 28% from its price of ₹1,249 on 24 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹490 per share.お知らせ • Dec 16Mindtree Accelerates Cloud Business Through Global Microsoft Azure Experience Center and New Skills AcademyMindtree announced the launch of a dedicated Microsoft go-to- market business unit centered on building new solutions based on Microsoft platforms and technologies, as well as developing the next generation of talent across the Mindtree organization globally. The Microsoft go-to-market business unit is a component of Mindtree’s multi-tiered initiative to support the continued demand of cloud services and solutions. Mindtree will also expand its Global Azure Experience Center in Redmond, WA and will leverage its Microsoft Excellence Academy to ensure all technical professionals are proficient and certified on Microsoft Azure technologies. Through Microsoft’s partner-led sales model, Mindtree delivers best-in-class, Azure-based solutions to drive clients’ digital transformation initiatives and help them thrive in a cloud-first world. Mindtree’s team of experts have accumulated a vast base of knowledge and skills in Microsoft 365, Dynamics 365, Power Platform, Azure, and related capabilities. Accelerating Mindtree’s go-to-market strategy in collaboration with Microsoft will rely on three growth pillars. First, enhancing Mindtree’s Microsoft go-to-market business unit headquartered in Redmond, where Mindtree Minds will continue to support enterprise clients with their digital transformation journeys. Second, a 135,000-square-foot, Global Azure Experience Center, housing a highly skilled talent pool, will help deliver best-in-class cloud solutions that enterprise clients require. Third, a global, Microsoft Excellence Academy will provide every Mindtree Mind technical professional training and certification on Azure technologies.Recent Insider Transactions • Dec 09Insider recently sold ₹14m worth of stockOn the 4th of December, Krishnakumar Natarajan sold around 10k shares on-market at roughly ₹1,442 per share. In the last 3 months, they made an even bigger sale worth ₹2.1b. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.お知らせ • Dec 01Mindtree Partners with Databricks to Offer Advanced, Cloud-Based Data IntelligenceMindtree announced that it has partnered with Databricks to help customers implement cloud-based data platforms for advanced analytics. This service will support use of the Databricks platform from implementation throughout the entire customer journey. Global enterprises across industries are looking for ways to more effectively gain actionable insights from large data sets, using artificial intelligence (AI) to perform increasingly complex tasks that solve business problems. To have effective AI, organizations require complete access to analytics on data lakes--often the largest data source in their organization--due to low-quality data. Databricks offers a unified solution for data engineering, collaborative data science, full-lifecycle machine learning, and business analytics through a lakehouse architecture. With the Databricks platform, enterprises can build rich data sets and optimize machine learning at scale, streamline workflows across teams, foster collaboration, reduce infrastructure complexity, and deliver superior customer experiences.Recent Insider Transactions • Nov 28Insider recently sold ₹8.0m worth of stockOn the 24th of November, Krishnakumar Natarajan sold around 6k shares on-market at roughly ₹1,422 per share. In the last 3 months, they made an even bigger sale worth ₹2.1b. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.お知らせ • Nov 24Mindtree Partners with The Nordex Group to Drive Forward the Company's Digital Transformation JourneyMindtree announced a five-year deal with The Nordex Group. The Nordex Group chose Mindtree as its business transformation partner to simplify, modernize, and transform its entire IT landscape globally, while providing scalability to support the company's growth plans. The Nordex Group is one of the leading integrated, global manufacturers of innovative onshore wind turbine systems. Founded in 1985, the products of the company regularly shape the technological development of the wind energy industry. The Group has installed wind power capacity of more than 30 GW in over 40 markets, significantly contributing to carbon-free power generation.Upcoming Dividend • Oct 19Upcoming Dividend of ₹7.50 Per ShareWill be paid on the 11th of November to those who are registered shareholders by the 26th of October. The trailing yield of 1.3% is below the top quartile of Indian dividend payers (2.3%), but is in line with industry peers (1.3%).お知らせ • Oct 16Mindtree Limited Announces Executive ChangesMindtree Limited announced that Jayant Damodar Patil, Non-Executive Director has resigned from the board of directors of the company with effect from the close of business hours on October 15, 2020, due to other Commitments and the board of directors has accepted the same at its meeting. Ms. Vedavalli S has resigned as the Company Secretary and Compliance Officer of the company effective close of business hours on October 31, 2020, as she has decided to pursue career opportunities outside the company. The Board of Directors has accepted the same at its meeting. The Nomination and Remuneration Committee and the Board of Directors have appointed Mr. Subhodh Shetty as Company Secretary and Compliance Officer under SEBI (LODR) Regulations, 2015 effective November 1, 2020, at its meeting held on October 15, 2020. Subhodh has over 20 years experience in company secretary function. Prior to joining Mindtree, he was working as joint Company Secretary in Larsen & Tourbo limited and was handling corporate law compliances, employee stock options and property matters in its corporate secrerarial department.Analyst Estimate Surprise Post Earnings • Oct 16Second-quarter earnings released: Earnings beat expectations, revenue disappointsSecond-quarter revenue missed analyst estimates by 1.2% at ₹19.3b. Earnings per share (EPS) exceeded analyst estimates by 8.3% at ₹15.40. Revenue is forecast to grow 6.3% over the next year, compared to a 7.5% growth forecast for the IT industry in India.Reported Earnings • Oct 16First half earnings releasedOver the last 12 months the company has reported total profits of ₹8.70b, up 41% from the prior year. Total revenue was ₹78.7b over the last 12 months, up 6.7% from the prior year.Valuation Update With 7 Day Price Move • Oct 12Market bids up stock over the past weekAfter last week's 16% share price gain to ₹1,564, the stock is trading at a trailing P/E ratio of 33x, up from the previous P/E ratio of 28.4x. This compares to an average P/E of 18x in the IT industry in India. Total returns to shareholders over the past three years are 239%.Price Target Changed • Oct 07Price target raised to ₹1,159Up from ₹1,061, the current price target is an average from 27 analysts. The new target price is 17% below the current share price of ₹1,389. As of last close, the stock is up 92% over the past year.Is New 90 Day High Low • Oct 05New 90-day high: ₹1,349The company is up 37% from its price of ₹982 on 07 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹438 per share.Price Target Changed • Sep 24Price target raised to ₹1,059Up from ₹979, the current price target is an average from 26 analysts. The new target price is 15% below the current share price of ₹1,249. As of last close, the stock is up 79% over the past year.お知らせ • Jun 20+ 3 more updatesMindtree Limited to Report Q2, 2021 Results on Oct 15, 2020Mindtree Limited announced that they will report Q2, 2021 results at 12:23 PM, GMT Standard Time on Oct 15, 2020決済の安定と成長配当データの取得安定した配当: 532819の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 532819の配当金は過去10年間にわたって増加しています。配当利回り対市場Mindtree 配当利回り対市場532819 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (532819)1.1%市場下位25% (IN)0.3%市場トップ25% (IN)1.5%業界平均 (IT)4.1%アナリスト予想 (532819) (最長3年)1.7%注目すべき配当: 532819の配当金 ( 1.08% ) はIndian市場の配当金支払者の下位 25% ( 0.3% ) よりも高くなっています。高配当: 532819の配当金 ( 1.08% ) はIndian市場の配当金支払者の上位 25% ( 1.48% ) と比較すると低いです。株主への利益配当収益カバレッジ: 532819は低い 配当性向 ( 23.5% ) であるため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 532819の 現金配当性向 ( 37.2% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YIN 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/01/23 02:39終値2022/11/30 00:00収益2022/09/30年間収益2022/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Mindtree Limited 30 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。30 アナリスト機関Sushil Sharma360 ONE Capital Market Private LimitedSrivathsan RamachandranAvendus SparkPankaj KaduAxis Capital Limited27 その他のアナリストを表示
お知らせ • Jul 14Mindtree Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022Mindtree Limited had recommended a final dividend of 270% (INR 27 per equity share of par value INR 10 each) for the financial year ended March 31, 2022 which is subject to the approval of shareholders at the Annual General Meeting to be held on July 13, 2022.
Upcoming Dividend • Jun 28Upcoming dividend of ₹27.00 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.9%). Lower than average of industry peers (1.8%).
Upcoming Dividend • Jun 29Upcoming dividend of ₹17.50 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 31 July 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.2%).
Upcoming Dividend • Oct 19Upcoming Dividend of ₹7.50 Per ShareWill be paid on the 11th of November to those who are registered shareholders by the 26th of October. The trailing yield of 1.3% is below the top quartile of Indian dividend payers (2.3%), but is in line with industry peers (1.3%).
お知らせ • Nov 26Mindtree Limited(NSEI:MINDTREE) dropped from FTSE All-World Index (USD)Mindtree Limited(NSEI:MINDTREE) dropped from FTSE All-World Index (USD)
お知らせ • Nov 15Larsen & Toubro Infotech Limited (NSEI:LTI) completed the acquisition of 39% stake in Mindtree Limited (NSEI:MINDTREE).Larsen & Toubro Infotech Limited (NSEI:LTI) agreed to acquire 39% stake in Mindtree Limited (NSEI:MINDTREE) on May 6, 2022. Upon the scheme becoming effective, all shareholders of Mindtree will be issued shares of LTI at the ratio of 73 shares of LTI for every 100 shares of Mindtree. Larsen & Toubro Limited will hold 68.73 % of LTI after the merger. For now, the companies will continue to function independently. A steering committee will be constituted to oversee the transition till the merger process is complete. The Boards of Directors of Mindtree and LTI at their respective meetings held today approved a composite scheme of amalgamation. Transaction completion is subject to shareholders, creditors and regulatory approvals including from stock exchanges and NCLT. Closing is expected to be achieved within 9 to 12 months. Citigroup Global Markets India Private Limited acted as financial advisors, Cyril Amarchand Mangaldas acted as the legal advisors, Kroll Advisory Pvt. Ltd. provided fairness opinion to LTI and GT Valuation Advisors Private Limited were appointed as valuers by LTI. KPMG India Services LLP acted as financial advisor, JSA (Advocates and Solicitors) acted as legal advisors and Ernst & Young Merchant Banking Services LLP were appointed as valuers by Mindtree. Zia Mody, Ashwath Rau and Kashish Bhatia of AZB & Partners acted as a legal advisor to Larsen & Toubro Infotech Limited. Ernst & Young acted as financial advisor for Mindtree Limited. Stephen M. Kotran of Sullivan & Cromwell acted as legal advisors to Goldman Sachs (India) Securities Private Limited. Goldman Sachs (India) Securities Private Limited provided fairness opinion to Mindtree Limited. Larsen & Toubro Infotech Limited (NSEI:LTI) completed the acquisition of 39% stake in Mindtree Limited (NSEI:MINDTREE) on November 14, 2022. Post completion, Mindtree Limited will be amalgamated with Larsen & Toubro Infotech and form LTIMindtree. LTIMindtree will thus become the fifth largest IT services company in India in terms of current market capitalization. The scheme of amalgamation has been approved by the National Company Law Tribunal of India. The Record Date to determine the eligible shareholders of Mindtree for issue of equity shares of LTI pursuant to the scheme is fixed as November 24, 2022. Pursuant to the applicable provisions of the Companies Act, 2013 and SEBI LODR, and in terms of Clause 5(y) of the Scheme, this is to inform you that the Board of Directors of LTI & Mindtree have fixed Thursday, November 24, 2022 as the ‘Record Date’ for the purpose of determining the shareholders of Mindtree Limited to whom equity shares of the Amalgamated Company would be allotted pursuant to the Scheme.
Recent Insider Transactions • Nov 06Board Member recently sold ₹8.5m worth of stockOn the 1st of November, Venugopal Lambu sold around 3k shares on-market at roughly ₹3,416 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹63m more than they bought in the last 12 months.
Recent Insider Transactions • Oct 29Board Member recently sold ₹8.5m worth of stockOn the 21st of October, Venugopal Lambu sold around 3k shares on-market at roughly ₹3,416 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹54m more than they bought in the last 12 months.
Reported Earnings • Oct 15Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: ₹30.86 (up from ₹24.21 in 2Q 2022). Revenue: ₹34.8b (up 34% from 2Q 2022). Net income: ₹5.09b (up 28% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 5.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 04Mindtree Limited to Report Q2, 2023 Results on Oct 13, 2022Mindtree Limited announced that they will report Q2, 2023 results at 4:00 PM, Indian Standard Time on Oct 13, 2022
お知らせ • Sep 23Mindtree Launches an Integrated Cloud-Based Solution to Accelerate Digital Transformation in the Construction IndustryMindtree announced the launch of Construction 360, a comprehensive, integrated cloud-based Salesforce solution designed to enable construction companies to streamline processes and increase productivity. Launched at Dreamforce 2022, Construction 360 combines Mindtree's extensive domain expertise, cloud capabilities, and NxT product suite with Salesforce's advanced Sales Cloud, Service Cloud, and other technologies. It provides the needed digital infrastructure for construction companies to gain real-time end-to-end visibility across the construction value chain and adopt next-generation technologies, boosting efficiencies, streamlining costs, and accelerating time-to- market. The solution enables construction companies to maximize performance and predictability across project lifecycle through superior management of bids, clients, suppliers, and projects, enhanced resource mobilization, and improved asset operations, thus making their operations and projects more sustainable. By using sophisticated Internet of Things, building information modeling, augmented reality/virtual reality, artificial intelligence and machine learning technologies, the solution aids data-driven decision-making, automation of key tasks, and better forecasting. With Construction 360, construction companies can improve bid cycle time from tender to execution, win ratio through past tender analytics and efficient quoting, and workforce and inventory utilization through better planning. They can also reduce supplier risks and onboarding time with greater milestone visibility, while better anticipating service needs for safety and inspection tracking.
Recent Insider Transactions • Sep 23Insider recently sold ₹781k worth of stockOn the 16th of September, Khyati Shah sold around 250 shares on-market at roughly ₹3,122 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹4.6m. Insiders have been net sellers, collectively disposing of ₹58m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 25General Counsel recently sold ₹4.6m worth of stockOn the 18th of August, Sonal Basu sold around 1k shares on-market at roughly ₹3,508 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹91m more than they bought in the last 12 months.
Recent Insider Transactions • Jul 27Insider recently sold ₹3.1m worth of stockOn the 21st of July, Subramanyam Putrevu sold around 1k shares on-market at roughly ₹3,088 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹83m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹3,216, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 25x in the IT industry in India. Total returns to shareholders of 381% over the past three years.
Price Target Changed • Jul 15Price target decreased to ₹3,427Down from ₹3,686, the current price target is an average from 34 analysts. New target price is 21% above last closing price of ₹2,830. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of ₹117 for next year compared to ₹100 last year.
お知らせ • Jul 14Mindtree Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022Mindtree Limited had recommended a final dividend of 270% (INR 27 per equity share of par value INR 10 each) for the financial year ended March 31, 2022 which is subject to the approval of shareholders at the Annual General Meeting to be held on July 13, 2022.
Price Target Changed • Jul 06Price target decreased to ₹3,697Down from ₹3,997, the current price target is an average from 30 analysts. New target price is 29% above last closing price of ₹2,860. Stock is up 12% over the past year. The company is forecast to post earnings per share of ₹115 for next year compared to ₹100 last year.
お知らせ • Jun 29Mindtree Limited to Report Q1, 2023 Results on Jul 13, 2022Mindtree Limited announced that they will report Q1, 2023 results at 4:00 AM, Indian Standard Time on Jul 13, 2022
Upcoming Dividend • Jun 28Upcoming dividend of ₹27.00 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.9%). Lower than average of industry peers (1.8%).
Reported Earnings • Jun 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹100 (up from ₹67.44 in FY 2021). Revenue: ₹105.3b (up 32% from FY 2021). Net income: ₹16.5b (up 49% from FY 2021). Profit margin: 16% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • May 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be ₹3,458, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 35%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.
お知らせ • May 08Larsen & Toubro Infotech Limited (NSEI:LTI) agreed to acquire unknown stake in Mindtree Limited (NSEI:MINDTREE).Larsen & Toubro Infotech Limited (NSEI:LTI) agreed to acquire unknown stake in Mindtree Limited (NSEI:MINDTREE) on May 6, 2022. Upon the scheme becoming effective, all shareholders of Mindtree will be issued shares of LTI at the ratio of 73 shares of LTI for every 100 shares of Mindtree. Larsen & Toubro Limited will hold 68.73 % of LTI after the merger. The Boards of Directors of Mindtree and LTI at their respective meetings held today approved a composite scheme of amalgamation. Transaction completion is subject to shareholders, creditors and regulatory approvals including from stock exchanges and NCLT. Closing is expected to be achieved within 9 to 12 months. Citigroup Global Markets India Private Limited acted as financial advisors, Cyril Amarchand Mangaldas acted as the legal advisors, Kroll Advisory Pvt. Ltd. provided fairness opinion to LTI and GT Valuation Advisors Private Limited were appointed as valuers by LTI. KPMG India Services LLP acted as financial advisor, JSA (Advocates and Solicitors) acted as legal advisors, Goldman Sachs (India) Securities Private Limited provided fairness opinion and Ernst & Young Merchant Banking Services LLP were appointed as valuers by Mindtree.
Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Additional Executive Director & President of Global Markets Venu Lambu was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 19+ 3 more updatesMindtree Clarifies on Reports of Merger with L&T InfotechMindtree Limited (NSEI:MINDTREE) on 18 April 2022 clarified on reports of merger with Larsen & Toubro Infotech Limited (NSEI:LTI), saying they are speculative in nature. "We wish to clarify that news reports of a merger between Mindtree Ltd. and L&T Infotech are speculative in nature. In this regard, we would like to state that there is no information available with the company as of 18 April 2022, which is required to be reported under extant SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and which may have a bearing on the stock price," the company said.
Reported Earnings • Apr 19Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹100 (up from ₹67.44 in FY 2021). Revenue: ₹108.3b (up 36% from FY 2021). Net income: ₹16.5b (up 49% from FY 2021). Profit margin: 15% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 18%, compared to a 16% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 06Mindtree Limited (NSEI:MINDTREE) agreed to acquire a 6.64% stake in COPE Healthcare Consulting, Inc.Mindtree Limited (NSEI:MINDTREE) agreed to acquire a 6.64% stake in COPE Healthcare Consulting, Inc on April 4, 2022. The indicative time period for completion of the acquisition is on or before May 4, 2022.
お知らせ • Apr 05Mindtree Limited to Report Q4, 2022 Results on Apr 18, 2022Mindtree Limited announced that they will report Q4, 2022 results on Apr 18, 2022
お知らせ • Apr 01Mindtree Limited Announces Cessation of Prasanna Rangacharya Mysore as Independent DirectorMindtree Limited announced that Mr. Prasanna Rangacharya Mysore, who was appointed as an Independent Director with effect from July 16, 2019, has ceased to be Director of the Company from March 31, 2022 on completion of his tenure.
Recent Insider Transactions • Mar 11Chief Business Officer recently sold ₹9.9m worth of stockOn the 9th of March, Vijayaram Parupudi sold around 2k shares on-market at roughly ₹4,120 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹90m more than they bought in the last 12 months.
Recent Insider Transactions • Mar 05Insider recently sold ₹7.8m worth of stockOn the 28th of February, Suresh Gurumurthy sold around 2k shares on-market at roughly ₹3,882 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹80m more than they bought in the last 12 months.
Recent Insider Transactions • Feb 24Insider recently sold ₹3.9m worth of stockOn the 21st of February, Suresh Gurumurthy sold around 1k shares on-market at roughly ₹3,863 per share. In the last 3 months, they made an even bigger sale worth ₹4.7m. Insiders have been net sellers, collectively disposing of ₹72m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹3,585, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 30x in the IT industry in India. Total returns to shareholders of 326% over the past three years.
Reported Earnings • Jan 14Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: ₹26.55 (up from ₹19.82 in 3Q 2021). Revenue: ₹28.2b (up 39% from 3Q 2021). Net income: ₹4.38b (up 34% from 3Q 2021). Profit margin: 16% (in line with 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Earnings per share (EPS) surpassed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 22%, compared to a 16% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jan 14Price target increased to ₹4,550Up from ₹4,224, the current price target is an average from 30 analysts. New target price is approximately in line with last closing price of ₹4,545. Stock is up 168% over the past year. The company is forecast to post earnings per share of ₹97.64 for next year compared to ₹67.44 last year.
Recent Insider Transactions • Dec 10Insider recently sold ₹4.6m worth of stockOn the 8th of December, Suresh Gurumurthy sold around 1k shares on-market at roughly ₹4,620 per share. In the last 3 months, they made an even bigger sale worth ₹27m. Insiders have been net sellers, collectively disposing of ₹79m more than they bought in the last 12 months.
Recent Insider Transactions • Nov 26Insider recently sold ₹2.4m worth of stockOn the 24th of November, Suresh Gurumurthy sold around 500 shares on-market at roughly ₹4,837 per share. In the last 3 months, they made an even bigger sale worth ₹27m. Insiders have been net sellers, collectively disposing of ₹224m more than they bought in the last 12 months.
Recent Insider Transactions • Oct 22Insider recently sold ₹16m worth of stockOn the 20th of October, Sonal Basu sold around 3k shares on-market at roughly ₹4,754 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹27m. Insiders have been net sellers, collectively disposing of ₹230m more than they bought in the last 12 months.
Reported Earnings • Oct 14Second quarter 2022 earnings released: EPS ₹24.21 (vs ₹15.41 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹26.6b (up 38% from 2Q 2021). Net income: ₹3.99b (up 57% from 2Q 2021). Profit margin: 15% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 06Price target increased to ₹3,141Up from ₹2,768, the current price target is an average from 26 analysts. New target price is 25% below last closing price of ₹4,175. Stock is up 201% over the past year.
Price Target Changed • Oct 01Price target increased to ₹2,807Up from ₹2,608, the current price target is an average from 27 analysts. New target price is 33% below last closing price of ₹4,200. Stock is up 214% over the past year.
Recent Insider Transactions • Sep 25Insider recently sold ₹27m worth of stockOn the 21st of September, Suresh Gurumurthy sold around 7k shares on-market at roughly ₹4,181 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹214m more than they bought in the last 12 months.
Price Target Changed • Sep 24Price target increased to ₹2,738Up from ₹2,527, the current price target is an average from 27 analysts. New target price is 40% below last closing price of ₹4,601. Stock is up 263% over the past year.
Recent Insider Transactions • Sep 08Insider recently sold ₹1.9m worth of stockOn the 6th of September, Madhup Jain sold around 500 shares on-market at roughly ₹3,820 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.1b more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹3,501, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 32x in the IT industry in India. Total returns to shareholders of 256% over the past three years.
Recent Insider Transactions • Aug 03Insider recently bought ₹1.2m worth of stockOn the 30th of July, Ramaswamy Govindan bought around 400 shares on-market at roughly ₹2,922 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹5.9b more in shares than they bought in the last 12 months.
Reported Earnings • Jul 15First quarter 2022 earnings released: EPS ₹20.85 (vs ₹12.94 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹23.6b (up 24% from 1Q 2021). Net income: ₹3.43b (up 61% from 1Q 2021). Profit margin: 14% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jul 15Price target increased to ₹2,364Up from ₹2,162, the current price target is an average from 25 analysts. New target price is 13% below last closing price of ₹2,702. Stock is up 177% over the past year.
Upcoming Dividend • Jun 29Upcoming dividend of ₹17.50 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 31 July 2021. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.2%).
Reported Earnings • Jun 23Full year 2021 earnings released: EPS ₹67.44 (vs ₹38.36 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹79.7b (up 2.6% from FY 2020). Net income: ₹11.1b (up 76% from FY 2020). Profit margin: 14% (up from 8.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Apr 24Price target increased to ₹1,925Up from ₹1,775, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of ₹2,019. Stock is up 159% over the past year.
Reported Earnings • Apr 21Full year 2021 earnings released: EPS ₹67.44 (vs ₹38.36 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹79.7b (up 2.6% from FY 2020). Net income: ₹11.1b (up 76% from FY 2020). Profit margin: 14% (up from 8.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Mar 31Lead Independent Director recently sold ₹40m worth of stockOn the 26th of March, Apurva Purohit sold around 2m shares on-market at roughly ₹23.42 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹9.8b more than they bought in the last 12 months.
Is New 90 Day High Low • Mar 09New 90-day high: ₹1,793The company is up 23% from its price of ₹1,456 on 09 December 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹530 per share.
Recent Insider Transactions • Feb 27Insider recently bought ₹159k worth of stockOn the 23rd of February, Vinit Teredesai bought around 100 shares on-market at roughly ₹1,587 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹2.0m. Despite this recent purchase, insiders have collectively sold ₹9.8b more in shares than they bought in the last 12 months.
お知らせ • Feb 22Mindtree Achieves Google Cloud Partner Specialization in Application DevelopmentMindtree announced that it has achieved the Application Development Partner Specialization in the Google Cloud Partner Advantage Program. This specialization highlights Mindtree's expertise and success in building customer solutions in application development using Google Cloud technology. The Google Cloud Partner Advantage Program is designed to provide Google Cloud customers with qualified partners that have demonstrated technical proficiency and proven success in specialized solution and service areas. Earning this recognition highlights Mindtree's ability to successfully drive digitalization from cloud migration to application usage and modernization. Mindtree is a premier Google Cloud partner, offering clients a complete spectrum of cloud services, including big data services, migration and transformation, implementing SAP, data science, artificial intelligence, and machine learning services. Through collaboration with Google Cloud, Mindtree has strengthened its position as the go-to-partner for its customers to help with architecture, design, and building solutions or platforms that can deliver faster, resilient, and reliable systems with a quicker time to market.
Recent Insider Transactions • Jan 30Insider recently bought ₹2.5m worth of stockOn the 22nd of January, Ramaswamy Govindan bought around 1k shares on-market at roughly ₹1,789 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹12b more in shares than they bought in the last 12 months.
お知らせ • Jan 22Mindtree Partners with Aflac to Develop MyAflac Mobile, an Enhanced Mobile ApplicationMindtree announced that it has worked with Aflac to develop an enhanced mobile application, called MyAflac Mobile, that enables users to conveniently file claims directly from their mobile device, simplifying the claims process. As policyholders navigate their way through a stressful time due to the global pandemic, Aflac is focused on easing the claims process driven by automated, self-service tools to further improve the user experience and deliver on greater customer centricity. The enhanced mobile app, MyAflac Mobile, enables policyholders to file claims at their convenience, receive notifications, and upload the correct documents easily and quickly so that claims can be processed faster. Customers can also set up direct deposit through the app so they are able to receive payments without any additional steps. The enhanced app utilizes a modern technology stack and provides a more responsive and mobile friendly experience. MyAflac, which was developed in an exclusive collaboration between Mindtree and Aflac, is now available on Google Play and in the App Store. Within the first three days of its launch, it was downloaded more than 60,000 times.
Analyst Estimate Surprise Post Earnings • Jan 21Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Over the next year, revenue is forecast to grow 11%, compared to a 12% growth forecast for the IT industry in India.
Reported Earnings • Jan 19Third quarter 2021 earnings released: EPS ₹19.82The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹20.9b (up 6.1% from 3Q 2020). Net income: ₹3.27b (up 66% from 3Q 2020). Profit margin: 16% (up from 10.0% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Jan 19Price target raised to ₹1,612Up from ₹1,483, the current price target is an average from 25 analysts. The new target price is close to the current share price of ₹1,680. As of last close, the stock is up 87% over the past year.
Is New 90 Day High Low • Jan 08New 90-day high: ₹1,739The company is up 16% from its price of ₹1,504 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹510 per share.
Recent Insider Transactions • Dec 27Vice President recently sold ₹8.0m worth of stockOn the 23rd of December, Prashant Mehra sold around 5k shares on-market at roughly ₹1,600 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹49m. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.
Is New 90 Day High Low • Dec 23New 90-day high: ₹1,596The company is up 28% from its price of ₹1,249 on 24 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹490 per share.
お知らせ • Dec 16Mindtree Accelerates Cloud Business Through Global Microsoft Azure Experience Center and New Skills AcademyMindtree announced the launch of a dedicated Microsoft go-to- market business unit centered on building new solutions based on Microsoft platforms and technologies, as well as developing the next generation of talent across the Mindtree organization globally. The Microsoft go-to-market business unit is a component of Mindtree’s multi-tiered initiative to support the continued demand of cloud services and solutions. Mindtree will also expand its Global Azure Experience Center in Redmond, WA and will leverage its Microsoft Excellence Academy to ensure all technical professionals are proficient and certified on Microsoft Azure technologies. Through Microsoft’s partner-led sales model, Mindtree delivers best-in-class, Azure-based solutions to drive clients’ digital transformation initiatives and help them thrive in a cloud-first world. Mindtree’s team of experts have accumulated a vast base of knowledge and skills in Microsoft 365, Dynamics 365, Power Platform, Azure, and related capabilities. Accelerating Mindtree’s go-to-market strategy in collaboration with Microsoft will rely on three growth pillars. First, enhancing Mindtree’s Microsoft go-to-market business unit headquartered in Redmond, where Mindtree Minds will continue to support enterprise clients with their digital transformation journeys. Second, a 135,000-square-foot, Global Azure Experience Center, housing a highly skilled talent pool, will help deliver best-in-class cloud solutions that enterprise clients require. Third, a global, Microsoft Excellence Academy will provide every Mindtree Mind technical professional training and certification on Azure technologies.
Recent Insider Transactions • Dec 09Insider recently sold ₹14m worth of stockOn the 4th of December, Krishnakumar Natarajan sold around 10k shares on-market at roughly ₹1,442 per share. In the last 3 months, they made an even bigger sale worth ₹2.1b. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.
お知らせ • Dec 01Mindtree Partners with Databricks to Offer Advanced, Cloud-Based Data IntelligenceMindtree announced that it has partnered with Databricks to help customers implement cloud-based data platforms for advanced analytics. This service will support use of the Databricks platform from implementation throughout the entire customer journey. Global enterprises across industries are looking for ways to more effectively gain actionable insights from large data sets, using artificial intelligence (AI) to perform increasingly complex tasks that solve business problems. To have effective AI, organizations require complete access to analytics on data lakes--often the largest data source in their organization--due to low-quality data. Databricks offers a unified solution for data engineering, collaborative data science, full-lifecycle machine learning, and business analytics through a lakehouse architecture. With the Databricks platform, enterprises can build rich data sets and optimize machine learning at scale, streamline workflows across teams, foster collaboration, reduce infrastructure complexity, and deliver superior customer experiences.
Recent Insider Transactions • Nov 28Insider recently sold ₹8.0m worth of stockOn the 24th of November, Krishnakumar Natarajan sold around 6k shares on-market at roughly ₹1,422 per share. In the last 3 months, they made an even bigger sale worth ₹2.1b. Insiders have been net sellers, collectively disposing of ₹12b more than they bought in the last 12 months.
お知らせ • Nov 24Mindtree Partners with The Nordex Group to Drive Forward the Company's Digital Transformation JourneyMindtree announced a five-year deal with The Nordex Group. The Nordex Group chose Mindtree as its business transformation partner to simplify, modernize, and transform its entire IT landscape globally, while providing scalability to support the company's growth plans. The Nordex Group is one of the leading integrated, global manufacturers of innovative onshore wind turbine systems. Founded in 1985, the products of the company regularly shape the technological development of the wind energy industry. The Group has installed wind power capacity of more than 30 GW in over 40 markets, significantly contributing to carbon-free power generation.
Upcoming Dividend • Oct 19Upcoming Dividend of ₹7.50 Per ShareWill be paid on the 11th of November to those who are registered shareholders by the 26th of October. The trailing yield of 1.3% is below the top quartile of Indian dividend payers (2.3%), but is in line with industry peers (1.3%).
お知らせ • Oct 16Mindtree Limited Announces Executive ChangesMindtree Limited announced that Jayant Damodar Patil, Non-Executive Director has resigned from the board of directors of the company with effect from the close of business hours on October 15, 2020, due to other Commitments and the board of directors has accepted the same at its meeting. Ms. Vedavalli S has resigned as the Company Secretary and Compliance Officer of the company effective close of business hours on October 31, 2020, as she has decided to pursue career opportunities outside the company. The Board of Directors has accepted the same at its meeting. The Nomination and Remuneration Committee and the Board of Directors have appointed Mr. Subhodh Shetty as Company Secretary and Compliance Officer under SEBI (LODR) Regulations, 2015 effective November 1, 2020, at its meeting held on October 15, 2020. Subhodh has over 20 years experience in company secretary function. Prior to joining Mindtree, he was working as joint Company Secretary in Larsen & Tourbo limited and was handling corporate law compliances, employee stock options and property matters in its corporate secrerarial department.
Analyst Estimate Surprise Post Earnings • Oct 16Second-quarter earnings released: Earnings beat expectations, revenue disappointsSecond-quarter revenue missed analyst estimates by 1.2% at ₹19.3b. Earnings per share (EPS) exceeded analyst estimates by 8.3% at ₹15.40. Revenue is forecast to grow 6.3% over the next year, compared to a 7.5% growth forecast for the IT industry in India.
Reported Earnings • Oct 16First half earnings releasedOver the last 12 months the company has reported total profits of ₹8.70b, up 41% from the prior year. Total revenue was ₹78.7b over the last 12 months, up 6.7% from the prior year.
Valuation Update With 7 Day Price Move • Oct 12Market bids up stock over the past weekAfter last week's 16% share price gain to ₹1,564, the stock is trading at a trailing P/E ratio of 33x, up from the previous P/E ratio of 28.4x. This compares to an average P/E of 18x in the IT industry in India. Total returns to shareholders over the past three years are 239%.
Price Target Changed • Oct 07Price target raised to ₹1,159Up from ₹1,061, the current price target is an average from 27 analysts. The new target price is 17% below the current share price of ₹1,389. As of last close, the stock is up 92% over the past year.
Is New 90 Day High Low • Oct 05New 90-day high: ₹1,349The company is up 37% from its price of ₹982 on 07 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹438 per share.
Price Target Changed • Sep 24Price target raised to ₹1,059Up from ₹979, the current price target is an average from 26 analysts. The new target price is 15% below the current share price of ₹1,249. As of last close, the stock is up 79% over the past year.
お知らせ • Jun 20+ 3 more updatesMindtree Limited to Report Q2, 2021 Results on Oct 15, 2020Mindtree Limited announced that they will report Q2, 2021 results at 12:23 PM, GMT Standard Time on Oct 15, 2020