Page 7 - Mindtree

Sell Nifty for the target of 9,800: Nilesh Jain of Anand Rathi

One should refrain from creating any aggressive long position in Nifty at higher levels

Nifty bullish till it holds 9,700: Vinay Rajani of HDFC Securities

Next target for the Nifty is seen at 10,160 and 10,550

IT firms form teams to chase revenue streams emerging from Covid-19 crisis

Industry observers said the high level of virtualisation across most sectors has led to increased demand for various IT services.

Day 1 of lockdown 3.0: India limps back, but industry still in limbo

With public transport still not allowed in 130 red-zone districts, which comprise some of the economically important urban centres, people took out their private vehicles.

Mindtree stock on the rise as company reports highest-ever deal wins

The company reported its highest-ever deal wins at $393 million for the quarter and $1.3 billion for FY20

Mindtree leaps 9% on better-than-expected Q4 earnings amid Covid-19 woes

The company reported Ebitda margin expansion of 250 basis points QoQ, and record deal wins of $393 million during the quarter despite the Covid-19 disruption

Mindtree will get back to growth path faster than others, says Chatterjee

'We won more deals in the past two quarters that were annuity in nature'

Mindtree Q4 net profit up 4% to Rs 206 crore, flags coronavirus concerns

For Q4FY20, Mindtree posted a net profit of Rs 206.2 crore, a rise of 3.9 per cent year-on-year basis and 4.7 per cent sequentially.

Mindtree Q4 FY20 net profit up 3.9% to Rs 206.2 cr, sees dip in demand

Mindtree posted a net profit of Rs 198.4 crore in the same period last year

MARKET WRAP: Sensex slips 536 pts, Nifty ends at 9,154; financials decline

All that happened in the markets today.

Market Ahead, April 24: Top Factors That Could Guide Markets Today

A major event investors will track today will be the meeting between Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to finalise a second stimulus package

Mindtree Q4 preview: Commentary on Travel biz, growth outlook for FY21 eyed

Analysts expect a higher impact on the company's Travel and Hospitality vertical, which constitutes over 16 per cent of total revenues.

Trump's immigration ban: Will it affect Indian IT sector? The story so far

Trump talked about suspending immigration visas, and the H-1B visa, which is more popular among Indian IT professionals, is a non-immigrant visa

Market Ahead, April 20: Top factors that could guide markets this week

Today, IT giant Infosys is scheduled to come out with its Q4 numbers and analysts are penciling in a 1 per cent QoQ hit in its revenue growth in constant currency terms for the quarter

Nifty strength only above 9,000 level: CapitalVia Global Research

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Mindtree, Tech Mahindra: IT stocks that should be on your watchlist

Mindtree will see an upside bias once it breaks out above Rs 920 levels

Coronavirus: Bengaluru shuts down; firms ask employees to work from home

Google techie tests positive for Coronavirus; Amazon, Uber India, Microsoft ask all employees to work from home if they can

Mindtree founders drop promoter tag as firm reclassifies them as 'public'

Founders had requested for the reclassification in July last year after L&T took over the Bengaluru-based firm

Coronavirus outbreak: Govt suspends visas for three more countries

Dell advises work from home after employee tests positive; Mindtree, too, reports a case

Mid-tier IT companies may do better than larger peers, say analysts

The ability to forge partnerships with large technology firms in niche areas and strong leadership are seen as the factors behind these optimistic projections