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Mindtree soars on reporting 28% rise in Q2 consolidated net profit
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Mindtree is currently trading at Rs. 3439.95, up by 116.45 points or 3.50% from its previous closing of Rs. 3323.50 on the BSE.
The scrip opened at Rs. 3439.00 and has touched a high and low of Rs. 3472.30 and Rs. 3376.75 respectively. So far 31832 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. 3472.30 and Rs. 3196.25 respectively. The current market cap of the company is Rs. 56732.71 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 reported rise of 27.58% in its net profit at Rs 508.8 crore for second quarter ended September 30, 2022, as compared to Rs 398.8 crore for the corresponding quarter previous year. Total income of the company increased by 29.62% to Rs 3449 crore for the quarter under review as compared to Rs 2660.9 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 27.53% in its net profit at Rs 508.7 crore for the quarter under review as compared to Rs 398.9 crore for the same quarter in the previous year. Total income of the company increased by 29.61% at Rs 3449 crore for Q2FY23 as compared to Rs 2661 crore for the corresponding quarter previous year.
