Published on 19/07/2022 2:46:05 PM | Source: Accord Fintech

Mindtree soars on inking pact with Rubrik

Posted in Stock Market| #IT Sector #Stock Market #Mindtree

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Mindtree is currently trading at Rs. 3024.45, up by 58.35 points or 1.97% from its previous closing of Rs. 2966.10 on the BSE.

The scrip opened at Rs. 2955.00 and has touched a high and low of Rs. 3047.10 and Rs. 2938.50 respectively. So far 34057 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5059.15 on 18-Nov-2021 and a 52 week low of Rs. 2650.00 on 26-May-2022.

Last one week high and low of the scrip stood at Rs. 3047.10 and Rs. 2761.00 respectively. The current market cap of the company is Rs. 49790.12 crore.

The promoters holding in the company stood at 60.99%, while Institutions and Non-Institutions held 23.75% and 15.26% respectively.

Mindtree has partnered with Rubrik, the Zero Trust Data Security Company, to launch a unified cyber-recovery platform named Mindtree Vault. The platform combines Mindtree’s program management, cloud, data, and cybersecurity capabilities, best practices, and accelerators, with Rubrik’s data resilience, data observability, and data recovery capabilities. It enables organizations to work through the full scope of recovery, including assessment, discovery, migration with ongoing management services, and pilots for proof-of-concept projects.

By empowering organizations to quickly shift to data-driven models, ensure data is immutable, and enhance their ability to guard against cyberattacks as well as swiftly recover from them, the platform delivers a seamless experience and a key component of an organization’s data security posture.

Mindtree is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage.