Today’s stock pick to be analyzed is Mindtree Limited.
Mindtree Limited is a global technology consulting and services company, that delivers business solutions through global software development.
“Born digital,” in 1999 and now a Larsen & Toubro Group Company, Mindtree applies its deep domain knowledge to 290+ enterprise client engagements to break down silos, make sense of digital complexity, and bring new initiatives to market faster. Mindtree has established a great market presence having more than 307 active clients and 43 offices in over 18 countries. Mindtree has a strong Market capitalization of INR 19,497.38 Cr and ranked 9th in India’s IT service & consulting.
It is a CMMI Level 5 international information technology (IT) consulting and implementation company. Currently co-headquartered in Warren, New Jersey, and Bangalore, India, it has three development centers in India and 15 offices in Asia, Europe, and the United States. The company is also engaged in the business of BFSI, Hitech, Travel & Transportation, and has huge growth prospects in the future.
Credits: Suman Chokrika, Bhupendra Singh, aditya sharma, Sahil Alang