Are MindTree results out?

Are MindTree results out?

Mid-tier IT services company Mindtree Ltd on Monday reported 49% year-on-year growth in March quarter net profit at ₹473 crore as against ₹317 crore in the last year period. Revenue from operations, meanwhile, rose 37% to ₹2,897 crore as compared to ₹2,109 crore in the corresponding quarter of previous fiscal.

Is MindTree debt free?

Debt Coverage: MINDTREE has no debt, therefore it does not need to be covered by operating cash flow. Interest Coverage: MINDTREE has no debt, therefore coverage of interest payments is not a concern.

What is PE ratio of MindTree?

PE Ratio of MindTree is 29.36. Earning per share of MindTree is 100.28.

Which IT company’s net profit surged 49% to ₹ 473 cr in q4?

IT services company Mindtree posted a 49.1% year-on-year increase in net profit at ₹473.1 crore for the quarter ended March 31, 2022. The company had reported a net profit of ₹317.3 crore in the corresponding quarter of the previous fiscal.

Is Mindtree a good stock to buy?

It has a Neutral rating on the IT stock with target price of ₹4,230. Considering rich valuations, brokerage Emkay has maintained Hold rating on the stock with a target price of ₹4,400 per share (from ₹4,300 earlier).

Is Mindtree a good company?

Mindtree is a good company for you to start your career, they provide very good training for new people. Working environment is good, co-workers are very nice, but salary and benefits is not that appealing.

Is it safe to invest in Mindtree?

Is Mindtree a good stock?

The company delivered industry leading organic growth. Strong headcount addition of 47% YoY in FY22 also indicates strength in demand,” said analysts at Prabhudas Lilladher. The brokerage has a Buy rating on Mindtree shares with a target price of ₹4,778.

Is Mindtree overvalued?

The key valuation ratios of Mindtree Ltd’s currently when compared to its past seem to suggest it is in the Overvalued zone.

Will Mindtree stock go up?

MindTree Ltd quote is equal to 2817.300 INR at 2022-07-06. Based on our forecasts, a long-term increase is expected, the “Mindtree Ltd” stock price prognosis for 2027-07-02 is 9022.470 INR. With a 5-year investment, the revenue is expected to be around +220.25%.

Is Mindtree a good share for long term?

The market is a voting machine in the short term, but a weighing machine in the long term, so share price follows earnings per share (EPS) eventually. That makes EPS growth an attractive quality for any company. It certainly is nice to see that Mindtree has managed to grow EPS by 30% per year over three years.

Is Mindtree better than Accenture?

Accenture is most highly rated for Culture and Mindtree is most highly rated for Culture….Overall Rating.

Overall Rating	4.0	3.8
Compensation and benefits	3.6	3.3
Job security and advancement	3.7	3.8
Management	3.5	3.5
Culture	3.9	3.8

Is Capgemini better than Mindtree?

Capgemini is most highly rated for Work/life balance and Mindtree is most highly rated for Culture….Overall Rating.

Overall Rating	3.8	3.8
Work/life balance	3.7	3.8
Compensation and benefits	3.2	3.3
Job security and advancement	3.5	3.8
Management	3.3	3.5

What is the target of Mindtree?

ICICI Direct has hold call on Mindtree with a target price of Rs 4090. The current market price of Mindtree is Rs 3683.7. Time period given by analyst is one year when Mindtree Ltd.

Is IT safe to invest in Mindtree?

Does Mindtree pay well?

Mindtree is good Compensation is not good. If you want to learn, you can learn a lot of knowledge.

Is Accenture better than Mindtree?

Accenture is most highly rated for Culture and Mindtree is most highly rated for Culture….Overall Rating.

Overall Rating	4.0	3.8
Work/life balance	3.7	3.8
Compensation and benefits	3.6	3.3
Job security and advancement	3.7	3.8
Management	3.5	3.5