HCL Technologies Ltd. key Products/Revenue Segments include Software Development Charges and Computer Hardware & Software for the year ending 31-Mar-2021.
Motilal Oswal has a neutral call on
Mindtree with a target price of Rs 2180 below which investors can exit their positions. The current market price of Mindtree Ltd. is Rs 2304.9.
Mindtree, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 36359.42 Crore) operating in IT Software sector. MindTree Ltd. key Products/Revenue Segments include Software Development Charges for the year ending 31-Mar-2020.
Financials
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.
Emkay Research has a buy call on
Birlasoft Ltd. with a target price of Rs 330 for a time frame of 12 months. The current market price of Birlasoft Ltd. is Rs 297.8 .
Birlasoft Ltd, incorporated in the year 1990, is a Small Cap company with a market cap of Rs 8210.44 Crore, operating in IT Software sector.
Birlasoft Ltd s key Products/Revenue Segments include Software Development Charges for the year ending 31-Mar-2020.
Investment Rationale
According to Emkay Research, revenue growth for the company was broad-based and was led by lifesciences (4 per cent QoQ), manufacturing (3.7 per cent), energy & utilities (3.2 per cent) and BFSI (1 per cent). Management expects all verticals to register growth in FY22, with manufacturing and lifesciences verticals leading growth, it added.
ICICI Securities has buy call on
Cyient with a target price of Rs 925. The current market price of Cyient is Rs 794.95.
Cyient Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 8767.73 Crore) operating in IT Software sector. Cyient Ltd. key Products/Revenue Segments include Software Development Charges for the year ending 31-Mar-2020.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1133.40 Crore, up 6.30 % from last quarter Total Income of Rs 1066.20 Crore and up .52 % from last year same quarter Total Income of Rs 1127.50 Crore. Company reported net profit after tax of Rs 103.10 Crore in latest quarter.