Net Sales at Rs 31.20 crore in June 2023 up 19.63% from Rs. 26.08 crore in June 2022.
Quarterly Net Loss at Rs. 0.65 crore in June 2023 up 44.92% from Rs. 1.18...
Mindtree shares plunged 5 per cent to Rs 4,507.45 following Q3 numbers. Nomura India has maintained a 'neutral' stance on Mindtree with a target of Rs 4,744 as deal wins continue to stay sluggish. Growth was made up by small projects, it said adding that margin outperformance was the key highlight in Q3 results.
HCL Tech, Tinplate Company, Onward Technologies, Swasti Vinayaka Synthetics, International Travel House and Gujarat Hotels are among the companies that will announce their December quarter results today.
Rajesh Palviya of Axis Securities advised that traders should trail stop-loss towards 18,100 levels for all long positions with an upside towards 18,300-18,400 levels.