Buy MindTree, target Rs 905: Kunal Bothra
Buy MindTree Ltd. at a price target of Rs 905.0 and a stoploss at Rs 840 from entry point.
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 1755.40 Crore, up 7.07 % from last quarter Sales of Rs 1639.50 Crore and up 31.83 % from last year same quarter Sales of Rs 1331.60 Crore Company has reported net profit after tax of Rs 206.30 Crore in latest quarter. The company’s top management includes Mr.Akshaya Bhargava, Mr.Bijou Kurien, Mr.Krishnakumar Natarajan, Mr.Milind Sarwate, Mr.N S Parthasarathy, Mr.Rostow Ravanan, Mr.Subroto Bagchi, Ms.Apurva Purohit. Company has Deloitte Haskins & Sells as its auditoRs As on 30-09-2018, the company has a total of 164,189,371 shares outstanding.