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Published on 22/04/2022 11:37:39 AM | Source: Accord Fintech

Mindtree zooms on acquiring 6.64% stake in COPE Healthcare Consulting

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

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Mindtree is currently trading at Rs. 3842.35, up by 105.05 points or 2.81% from its previous closing of Rs. 3737.30 on the BSE.

The scrip opened at Rs. 3730.00 and has touched a high and low of Rs. 3873.40 and Rs. 3693.30 respectively. So far 22250 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. 2004.15 on 23-Apr-2021.

Last one week high and low of the scrip stood at Rs. 4080.00 and Rs. 3564.75 respectively. The current market cap of the company is Rs. 63298.09 crore.

The promoters holding in the company stood at 60.99%, while Institutions and Non-Institutions held 24.87% and 14.15% respectively.

Mindtree has completed the acquisition of strategic stake of 6.64% in COPE Healthcare Consulting, on April 18, 2022, consequent to completion of customary conditions precedent agreed under the Stock Purchase agreement dated April 4, 2022.

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