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Friday, 21 April 2017

Mindtree Limited surges by nearly 3% post quarterly results


MINDTREE RESULT UPDATE



Bangalore-based information technology and outsourcing company, Mindtree Limited has given a sigh of relief to its investors by reporting 5.8% growth on a quarterly basis in its net profit.

The stock attracted huge volumes in the first hour of Friday’s trading session. The stock touched intraday high of Rs 461 per share up by around 4%. The stock traded above its volume weighted average price of Rs 454.45 per share in the morning hours but slipped below in the pre-lunch hour.

The stock attracted 15,40,553 shares in its traded volume as of 1230 hours on Friday and traded value stands at Rs 70 Cr.


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