Mindtree slumps 6% despite healthy Q3 numbers

NEW DELHI – Shares of Mindtree NSE -4.27 % tanked close to 6 per cent in early trade on Friday as investors sold the stock along with a decline in the broader market despite the IT firm posting robust numbers in October-December.
The IT firm posted a 34 per cent jump in consolidated net profit to Rs 437.5 crore for the December 2021 quarter and exuded confidence in continuing its growth momentum on the back of robust demand and aggresive in October-December.



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