MindTree Ltd Stock Quotes and Charts
MindTree Consulting is set to acquire mid-tier outsourcing product development (OPD) and testing player, Aztecsoft, for around Rs 400 crore. Both are Bangalore-based firms.
Abn Amro is giving a Buy call for Target of 570.<br>The stock has given breakout above Rs 450 and was able to sustain above these levels for more than eight weeks exhibiting strength in an otherwise volatile market.During FY08, net sales of the company grew by 24.3% yoy to Rs7.34bn and net profit grew by 17.2% yoy to Rs1.06bn.
Mindtree reports net loss of Rs 12.96 crore in the June 2008 quarter <br>Sales rise 37.59% to Rs 222.21 crore <br>Mindtree reported net loss of Rs 12.96 crore in the quarter ended June 2008 as against net profit of Rs 20.62 crore during the previous quarter ended June 2007. Sales rose 37.59% to Rs 222.21 crore in the quarter ended June 2008 as against Rs 161.50 crore during the previous quarter ended June 2007
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