Mindtree surges on expanding relationship with ServiceNow
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Mindtree is currently trading at Rs. 4530.00, up by 97.25 points or 2.19% from its previous closing of Rs. 4432.75 on the BSE.
The scrip opened at Rs. 4425.00 and has touched a high and low of Rs. 4588.60 and Rs. 4425.00 respectively. So far 22774 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4937.15 on 14-Oct-2021 and a 52 week low of Rs. 1283.00 on 10-Nov-2020.
Last one week high and low of the scrip stood at Rs. 4917.50 and Rs. 4196.90 respectively. The current market cap of the company is Rs. 74464.81 crore.
The promoters holding in the company stood at 61.00%, while Institutions and Non-Institutions held 25.12% and 13.88% respectively.
Mindtree has expanded relationship with ServiceNow, the leading digital workflow company that makes work, work better for people. As a partner for ServiceNow Connected Operations, a proactive system of action for IoT, Mindtree will build industry solutions to help enterprises turn data from their Internet of Things (IoT) infrastructure into actionable business workflows.
Mindtree will combine the deep domain, design thinking, IoT, AI, Machine Learning, and analytics expertise of Mindtree NxT, the company’s IoT service line, with the capabilities of ServiceNow Connected Operations to enable enterprises in industry sectors such as manufacturing and consumer goods to put their IoT data to work for improved decision-making and smarter operations. By connecting IoT data with digital workflows, ServiceNow Connected Operations enables organizations to realize the full value of their IoT investments, help increase customer satisfaction, and access new business models. Together with Mindtree driving actionable and industry-specific insights, these solutions will allow customers to break down data silos, proactively resolve issues, and evolve collaboration between customers, operations, customer service, and field service.
Mindtree is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage.
