Mindtree Shares

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Mindtree Shares - Total results - 10
Mindtree shares zoom 10% after Q4 earnings; IT major anticipates softness in demand ahead due to COVID-19 pandemic
Business

Mindtree shares zoom 10% after Q4 earnings; IT major anticipates softness in demand ahead due to COVID-19 pandemic

Shares of IT firm Mindtree on Monday rallied 10 percent after the company reported 3.9 percent rise in consolidated net profit for March 2020 quarter

I-T Department had attached Mindtree shares held by VG Siddhartha without notice: Sources
Business

I-T Department had attached Mindtree shares held by VG Siddhartha without notice: Sources

There was no demand made by I-T Department before attaching Mindtree shares and for a “potential” tax demand of Rs 625 crore, shares worth Rs 3,000 crore were attached.

Mindtree shares tank nearly 11% on disappointing Q1 results; company posts 41% drop in net profit
Business

Mindtree shares tank nearly 11% on disappointing Q1 results; company posts 41% drop in net profit

IT firm Mindtree shares plunged nearly 11 percent on Thursday after the company posted a 41.4 percent decline in consolidated net profit for the June quarter

Larsen and Toubro buys 25,000 shares of Mindtree; raises stake to 28.9%
Business

Larsen and Toubro buys 25,000 shares of Mindtree; raises stake to 28.9%

Infrastructure major Larsen and Toubro on Thursday acquired 25,000 equity shares of Mindtree Ltd, taking its total holding in the mid-tier IT firm to 28.90 percent, as per a regulatory filing

L&T acquires 73,953 Mindtree shares, shareholding in IT services firm goes up to 26.53%
Business

L&T acquires 73,953 Mindtree shares, shareholding in IT services firm goes up to 26.53%

After the latest transaction, L&T's shareholding in Mindtree stands at 26.53 percent. The latest stock purchase was made at Rs 979.99 apiece.

L&T buys Mindtree over 37.53 lakh shares worth Rs 368 crore through open market transactions
Business

L&T buys Mindtree over 37.53 lakh shares worth Rs 368 crore through open market transactions

Mindtree is in the midst of a takeover battle, with Larsen & Toubro (L&T) seeking to take control of the mid-sized IT firm

Over 1 cr Mindtree shares pledged by Coffee Day Enterprises released on 30 March: Regulatory filing
Business

Over 1 cr Mindtree shares pledged by Coffee Day Enterprises released on 30 March: Regulatory filing

Mindtree is in the midst of a takeover battle, with Larsen & Toubro (L&T) seeking to take control of the mid-sized IT firm.

L&T buys 11.52 lakh shares of Mindtree worth Rs 113 cr via open market after buying 20% stake of VG Siddharatha, Cafe Coffee Day
Business

L&T buys 11.52 lakh shares of Mindtree worth Rs 113 cr via open market after buying 20% stake of VG Siddharatha, Cafe Coffee Day

Mindtree's promoters had called L&T bid as hostile and raised corporate governance issues at L&T and culture difference between the two companies.

Coffee Day Enterprises will take 'required action' to get attached Mindtree shares released by I-T dept
Business

Coffee Day Enterprises will take 'required action' to get attached Mindtree shares released by I-T dept

Coffee Day Enterprises promoter V G Siddhartha, who owns about 21% stake in Mindtree, is said to be in advanced discussions with various entities to sell his shares in the IT company.

Mindtree shares slump 18% to Rs 806 post-Q2 results on cautious business outlook
Business

Mindtree shares slump 18% to Rs 806 post-Q2 results on cautious business outlook

Trading sentiment in Mindtree were hit as the company maintained a cautious business outlook amid volatile macroeconomic scenario across the world.