Mindtree stock buy or sell
The stock touched a low of Rs. Shares of information technology consulting firm Mindtree Ltd on Tuesday closed at a month low, as analysts cut the target price of the stock after the company reported weaker-than-expected June quarter earnings.
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The stock has now fallen in seven out of nine trading sessions. Ambit Capital, PhillipCapital, Kotak Institutional Equities and Deutsche Bank have reduced the target price on the stock.
The stock closed at Rs.
Net profit declined 5. Mindtree saw a 2.
Why you should 'Sell' Mindtree shares - The Financial Express
It reported a 3. Mindtree has also disappointed on cost management partly due to its prioritization of growth though we believe that the recent quarter EBITDA earnings before interest, tax, depreciation and amortization margin is the trough with high probability of improvement.
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MindTree Limited buy or sell recommendation | cilywadojup.web.fc2.com - Macroaxis
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