External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>About the stock: Mindtree Ltd (Mindtree) is a mid-tier IT company with a presence in US, Europe &amp; RoW catering to BFSI, Communication Media &amp; Technology, Retail &amp; Travel</p><ul><li>Expertise in infrastructure &amp; application catering to Global 2000 clients</li><li>Leading margins (&gt;20%) compared to mid-tier IT companies</li></ul><p>Q1FY22 Results: Mindtree reported robust Q1FY22 results.</p><ul><li>US$ revenues increased 7.7% QoQ to US$310</li><li>EBITDA declined 166 bps QoQ to 20.3% led by headcount addition</li><li>Deal pipeline is up 34.2% QoQ to US$504 million</li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

About the stock: Mindtree Ltd (Mindtree) is a mid-tier IT company with a presence in US, Europe &amp; RoW catering to BFSI, Communication Media &amp; Technology, Retail &amp; TravelExpertise in infrastructure &amp; application catering to Global 2000 clientsLeading margins (&gt;20%) compared to mid-tier IT companiesQ1FY22 Results: Mindtree reported robust Q1FY22 results.US$ revenues increased 7.7% QoQ to US$310EBITDA declined 166 bps QoQ to 20.3% led by headcount additionDeal pipeline is up 34.2% QoQ to US$504 millionContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Mindtree Ltd

Mindtree Limited: Robust Revenue Growth