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1 Comment
Mindteck (India) Limited is currently in a long term uptrend where the price is trading 52.0% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.4.
Mindteck (India) Limited's total revenue rose by 5.7% to $727M since the same quarter in the previous year.
Its net income has increased by 106.4% to $14M since the same quarter in the previous year.
Finally, its free cash flow grew by 86.4% to $163M since the same quarter in the previous year.
Based on the above factors, Mindteck (India) Limited gets an overall score of 5/5.
Exchange | NSE |
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Industry | Information Technology Services |
Sector | Technology |
CurrencyCode | INR |
ISIN | INE110B01017 |
Target Price | None |
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Dividend Yield | 0.4% |
Market Cap | 7B |
PE Ratio | 26.32 |
Beta | 0.59 |
Mindteck (India) Limited provides engineering and information technology (IT) services in the United States, India, and internationally. The company offers product development, software applications, cybersecurity, Internet of Things solution deployment and commissioning, and IoT enablement consulting services; embedded design, verification and validation services, and system solutions; and product lifecycle management consulting, advisory, system implementation, administration, system validation/testing, program management, and system integration/data migration services. It also provides smart mobility solutions and cloud computing; advanced analytics, analytics on unstructured data, business intelligence, information/data management, and big data services; and IT security and protection services. In addition, it offers system and integration, specialized, software product, and cloud based testing services; test strategy, automation, and infrastructure services; product engineering, re-engineering, and sustenance services; data center transformation and IT infrastructure management services; custom application development, application maintenance and management, legacy modernization, and performance engineering and enhancement services; application and enterprise systems integration, business process management, packaged application, SAP solutions, and service oriented architecture services; and smart city solutions. Further, the company provides IT talent services. It serves medical device and healthcare, life science and analytical instrument, semiconductor, and data storage industries; and government. The company was formerly known as Hinditron Informatics Limited and changed its name to Mindteck (India) Limited in September 1999. The company was incorporated in 1991 and is based in Bengaluru, India. Mindteck (India) Limited is a subsidiary of Embtech Holdings Limited.
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