NIFTY 22215.40 BANK 47702.55

Mindteck (India) Limited
Share Price Target & Analysis

NSE:MINDTECK

319.52

VWAP

323.45

Open

323.15

Close

328.70

High

310.35

Low

351.95

52 Week High

317.60 ⇩
-5.55 (-1.72%)

MINDTECK

(IT)
85.3% Momentum

Trending & Favourite

119.00

52 Week Low

6.9

EPS

31.08

PE

5.52

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: MINDTECK Share Price Financial Analysis & Valuation

Mindteck (India) Limited (MINDTECK) is broadly categorized in IT segment industry which deals in Computers - Software vertical. It is one of Micro Cap company with Market Capitalization of Rs 470.6 (in Cr). Total number of free float shares are 2.6 (in Lacs). Mindteck (India) Limited is listed on NSE with Exchange ID - INE110B01017 and trading code is NSE:MINDTECK with short name Mindteck.

In the past 1 year, Mindteck (India) Limited has declared an equity dividend of Rs 1 per share. At the current share price of MINDTECK at Rs 317.60, this results in a dividend yield of 0.31 %.

As per the Fundamental Analysis of NSE:MINDTECK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MINDTECK underlying value and future prospects. All of this data is available in MINDTECK financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MINDTECK, it is clearly understood that MINDTECK is Economical performer in terms of earnings and profit margins with an EPS of 6.9. NSE:MINDTECK book value per share as of today is 57.55. The current price to book ratio for MINDTECK as of May 15, 2024 is 5.52.

Valuation of the Stock: The current valuation of MINDTECK stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MINDTECK whether to BUY this stock at current valuation. The delivery percentage of MINDTECK is 32.19% is very crucial parameter which shows that 32.19% investors are anticipating that the price of MINDTECK share should go up with VWAP at 319.52.

Now, the main question is whether to BUY or SELL, NSE:MINDTECK at current valuation.
As per latest Analysis No. #1726:-

⇑ STRONG BUY MINDTECK if All Greens

⇗ BUY MINDTECK (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD MINDTECK (With Stop Loss) if only 1 Green

⇘ SELL MINDTECK if NO Green Indicator

NSE: MINDTECK Share Price Today (May 15, 2024)

(Mindteck (India) Limited Daily Analysis on the basis of MINDTECK Intraday Graph & Trend)

Mindteck (India) Limited share price moved Down by -1.72% from its previous close of Rs 323.15. MINDTECK stock last traded price is 317.60. MINDTECK share price trend is Down with a total of 61558 stocks traded till now. It has touched an intraday high of Rs 328.70 and an intraday low of Rs 310.35. The MINDTECK trading at 317.60, Down by Rs. -5.55, or -1.72 percent which suggests that most of the Traders are anticipating that the price of MINDTECK share should go Down.

NSE: MINDTECK Share Price Tomorrow Prediction

(Mindteck (India) Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MINDTECK)

Mindteck (India) Limited share price moved Down by -1.72%. MINDTECK share price short term trend is Down. It suggests that MINDTECK Share Price for Tomorrow remains the same with VWAP at 319.52 will be treated as stop loss for intraday traders. Mindteck (India) Limited Long term investors can follow the MINDTECK long term trend as mentiond in future forecast table.

NSE Code

NSE: MINDTECK

MINDTECK Share Price Today

 317.60

MINDTECK Share Price Target Prediction for 2024 ^

 226.9 - 353.7

MINDTECK Share Price Target Prediction for 2025*^

 353.7 - 376.8

MINDTECK Share Price Target Prediction for 2026*^

 376.8 - 403.2

MINDTECK Share Price Target Prediction for 2027*^

 423

MINDTECK Share Price Target Prediction for 2028*^

 436

MINDTECK Share Price Target Prediction for 2030*^

 475
MINDTECK Current Book Value 2023
57.3

*Mindteck (India) Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MINDTECK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MINDTECK Technical Analysis

Candlestick Pattern: @300.4

MINDTECK Moving Averages

BUY (12) NEUTRAL (0) SELL (2)
MA Simple Action S1 Expo Action E2
MA_5 301.27 SELL 300.91 SELL
MA_12 296.99 BUY 287.78 BUY
MA_20 269.11 BUY 274.05 BUY
MA_32 234.43 BUY 256.64 BUY
MA_50 232.17 BUY 246.6 BUY
MA_100 233.95 BUY 233.32 BUY
MA_200 199.76 BUY 206.72 BUY

MINDTECK Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 269.11 Uptrend
MACD 1.53 BUY
ADX 40.38 Strong Trend
DMI (+/-) 24.79 / 9.98 Uptrend

MINDTECK Momentum Oscillators

BUY (3) NEUTRAL (6) SELL (3)
Momentum Oscillators Value Action
RSI 65.92 Neutral
STOCHASTIC_K (Fast) 31.53 Neutral
STOCHASTIC_D (Slow) 40.68 Neutral
CCI 47.79 Neutral
PSAR 293.85 BUY
TRUE RANGE 13.6 SELL
ATR 18.96 Neutral
WILLIAMS R -18.68 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 4.29 Oversold
STOCHASTIC RSI D 19.3 Oversold
MOMENTUM 126.65 BUY

MINDTECK Last 1 Year Trend

Duration Value
1 Year 166.55%
3 Months 24.62%
1 Month 72.89%
1 Week -2.09%

MINDTECK Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 63%
NEUTRAL / HOLD 20%
SELL 17%

Most popular Questions & Answers about MINDTECK


Mindteck (India) Limited stock last traded price is 317.60. MINDTECK share price moved Down by -1.72% from its previous close of Rs 323.15.

Mindteck (India) Limited share price trend is Down with a total of 61558 stocks traded till now. It has touched an intraday high of Rs 355.4695 and an intraday low of Rs 310.35. The MINDTECK trading at 317.60, Down by Rs. -5.55, or -1.72 percent which suggests that most of the Traders are anticipating that the price of MINDTECK share should go Down and the Stop Loss will be around 319.52.

The market cap of Mindteck (India) Limited is ₹470.6 (in Cr) as of May 14, 2024.

The current price to earning ratio for Mindteck (India) Limited as of May 14, 2024 is 31.08.

The current price to book ratio for Mindteck (India) Limited as of May 14, 2024 is 5.52.

The highest price of Mindteck (India) Limited stock is ₹351.95 in the last 52-week.

The lowest price of Mindteck (India) Limited stock is ₹119.00 in the last 52-week.

Mindteck (India) Limited share trading at ₹317.60, Down by Rs. -5.55, or -1.72 percent which suggests that most of the traders are anticipating that the price of MINDTECK share should go Down.

In 2023, Stock price target for Mindteck (India) Limited (MINDTECK) are ₹226.9 on downside and ₹353.7 on upside. Mindteck (India) Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Mindteck (India) Limited (MINDTECK) are ₹353.7 on downside and ₹376.8 on upside. Mindteck (India) Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Mindteck (India) Limited (MINDTECK) are ₹376.8 on downside and ₹403.2 on upside. Mindteck (India) Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Mindteck (India) Limited (MINDTECK) will be around ₹436 Mindteck (India) Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MINDTECK.

As per the fundamental analysis of Mindteck (India) Limited (MINDTECK), it is of Economical quality in terms of earnings and profit margins with an EPS of 6.9. Mindteck (India) Limited book value per share as of today is 57.55. The current price to book ratio for MINDTECK as of May 15, 2024 is 5.52.


NSE:MINDTECK News & Other Useful Information about MINDTECK Share Price


Peer Comparison of NSE: MINDTECK

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Computers - Software

Company Price EPS BV
TCS 3889.00 120.39 199.33
INFY 1424.35 65.6 163.19
WIPRO 457.85 17.44 119.96
HCLTECH 1334.40 43.02 145.45
TECHM 1280.85 21.79 254.1
LTI 4634.85 125.6 540.21
MINDTREE 3433.85 90.8 331.82
MPHASIS 2291.50 76.59 265.28
TATAELXSI 7100.05 127.25 402.34
PERSISTENT 3453.00 64.07 294.03
Updated at: 15 May 2024 10:03

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