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Published on 18/01/2018 1:15:50 PM | Source: Dion Global Solutions Ltd

MindTree shares hit 52-week high on strong Q3

Shares of MindTree zoomed nearly 11 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported 32.43 per cent growth in standalone net profit at Rs 156.80 crore for the quarter ended December 31, 2017 as compared to Rs 118.40 crore in the same period last year.

Driven by strong Q3, stocks of the company gained as much 11.67 per cent to touch 52-week high of Rs 690.00 apiece on the Bombay Stock Exchange. In a similar fashion, shares of the firm were trading 9.27 per cent higher at Rs 682.80 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 35,466.92, up 385.10 points, or 1.10 per cent, at 12:35 hours.