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September was seventh consecutive quarter of 5 per cent-plus sequential revenue growth for the IT major. Bengaluru-based IT firm's Ebit margin for the quarter beat analyst estimates while attrition also fell on a trailing twelve month basis. ....
This stock rose 44% in 3 months, hit 52-week high today The stock has gained 159 per cent in the last 12 months and risen 39 per cent since the beginning of this year BusinessToday.In | May 27, 2021 | Updated 16:40 IST Representative Image Share of Mindtree rose 6 per cent to hit a fresh 52-week high of Rs 2,342.60 in intraday trade today on BSE. The company reported a net profit of Rs 317 crore for the quarter ended March 2021 compared to Rs 326 crore in the year-ago period. Revenue from operations grew 4.2 per cent to Rs 2,109.3 crore in the March-ended quarter against Rs 2,023 crore in the December quarter. Dollar revenue stood at $288.2 million, up 5.2 percent from the previous quarter. ....
Mindtree share approaches record high on strong Q3 earnings Mindtree stock price has fallen 4% last week. However, the stock has risen over 13% in one month. Year-to-date the stock has gained over 1% BusinessToday.In | January 19, 2021 | Updated 14:41 IST Meanwhile, IT index on BSE was up 0.75%, in line with broader indices Sensex and Nifty that rose 1.5% today, trading near record highs Share of L&T group IT firm Mindtree were trading near record highs in Tuesday s early session after analysts raised the target price for the stock. The company beat earnings estimates in the December quarter. The mid-sized software services provider posted a 66% YoY growth in its net profit to Rs. 326.5 crore for Q3 FY21 as against Rs 197 crore in a year-earlier period. On a sequential basis, the net profit was up 28.7%. ....