Mindtree beats estimates in Q1. Should you bet on this beaten-down IT stock?

Mindtree beats estimates in Q1. Should you bet on this beaten-down IT stock?

NEW DELHI: A sixth straight quarter of over 5 per cent revenue growth in constant currency (CC) terms, a record high order book and solid margins that defied industry-wide cost inflation could not push shares higher in Thursday’s trade. Brokerages gave thumbs up to the company earnings, but they were mixed on the stock prospects, … Read more