Mindtree shares slip post Q4 results. Should you buy, sell or hold?
- Mindtree's Q4 revenue grew 37.4% year-on-year (YoY) and 5.4% on a sequential basis to ₹2,897 crore
Shares of Mindtree slipped nearly 2% to ₹3,888 apiece in Tuesday's opening deals on the BSE after the IT company registered a 49% from a year earlier jump in its consolidated net profit at ₹473 crore in the fourth quarter. The Bengaluru-based software services firm's revenue grew 37% year-on-year (YoY) and 5.4% on a sequential basis to ₹2,897 crore.
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