Prabhudas Lilladher has buy call on with a target price of Rs 1940. The current market price of MindTree Ltd. is Rs 1747.65.
Mindtree Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 28716.42 Crore) operating in IT Software sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 2085.30 Crore, up 6.91 % from last quarter Total Income of Rs 1950.50 Crore and up 4.26 % from last year same quarter Total Income of Rs 2000.10 Crore. Company reported net profit after tax of Rs 326.50 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 67.6 per cent stake in the company as of Sept 30, 2020, while FIIs held 12.02 per cent, DIIs 8.96 per cent and public and others 11.43 per cent
