scorecardresearchMindtree reports 37% jump in net profit; Here's what 5 brokerages say on its future

Mindtree reports 37% jump in net profit; Here's what 5 brokerages say on its future

Updated: 14 Jul 2022, 04:09 PM IST
TL;DR.
  • Brokerages expressed mixed views on the stock of Mindtree after the midcap IT firm released its June quarter numbers.
Shares of Mindtree hit their 52-week high of  <span class='webrupee'>₹</span>5,059.15 on November 18, 2021, on BSE but since then, it has been witnessing strong profit booking. As of July 13 close, the stock is down 43% from its 52-week high. Photo: Unsplash

Shares of Mindtree hit their 52-week high of 5,059.15 on November 18, 2021, on BSE but since then, it has been witnessing strong profit booking. As of July 13 close, the stock is down 43% from its 52-week high. Photo: Unsplash