NIFTY 23907.25 BANK 51135.40

Mindteck (India) Limited
Share Price Target & Analysis

NSE:MINDTECK

238.15

VWAP

229.7

Open

225.5

Close

248.05

High

225.55

Low

460

52 Week High

248.05 ⇧
22.55 (10%)

MINDTECK

(IT)
27.3% Momentum

Turnaround Potential

168.35

52 Week Low

5.79

EPS

36.41

PE

4.85

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 248.05, this results in a dividend yield of 0.4 %.

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 5.79. NSE:MINDTECK book value per share as of today is 51.19. The current price to book ratio for MINDTECK as of Nov 23, 2024 is 4.85.

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 57.83% is very crucial parameter which shows that 57.83% investors are anticipating that the price of MINDTECK share should go up with VWAP at 238.15.

Now, the main question is whether to BUY or SELL, NSE:MINDTECK at current valuation.
As per latest Analysis No. #2081:-

⇑ 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 (Nov 23, 2024)

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

Mindteck (India) Limited share price moved Up by 10% from its previous close of Rs 225.5. MINDTECK stock last traded price is 248.05. MINDTECK share price trend is Up with a total of 35035 stocks traded till now. It has touched an intraday high of Rs 248.05 and an intraday low of Rs 225.55. The MINDTECK trading at 248.05, Up by Rs. 22.55, or 10 percent which suggests that most of the Traders are anticipating that the price of MINDTECK share should go Up.

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 Up by 10%. MINDTECK share price short term trend is Up. It suggests that MINDTECK Share Price for Tomorrow remains the same with VWAP at 238.15 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

 248.05

MINDTECK Share Price Target Prediction for 2024 ^

 176.5 - 334.3

MINDTECK Share Price Target Prediction for 2025*^

 334.3 - 492.5

MINDTECK Share Price Target Prediction for 2026*^

 492.5 - 527

MINDTECK Share Price Target Prediction for 2027*^

 553

MINDTECK Share Price Target Prediction for 2028*^

 569

MINDTECK Share Price Target Prediction for 2030*^

 620
MINDTECK Current Book Value 2023
50.9

*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: @250.15

MINDTECK Moving Averages

BUY (1) NEUTRAL (0) SELL (13)
MA Simple Action S1 Expo Action E2
MA_5 266.38 SELL 264.76 SELL
MA_12 279.36 SELL 272.11 SELL
MA_20 271.97 SELL 274.25 SELL
MA_32 274.25 SELL 278.44 SELL
MA_50 286.87 SELL 281.63 SELL
MA_100 298.24 SELL 280.02 SELL
MA_200 249.11 BUY 253.02 SELL

MINDTECK Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 271.97 Downtrend
MACD -1.63 SELL
ADX 21.95 NO or Weak Trend
DMI (+/-) 20.18 / 38.18 Downtrend

MINDTECK Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 38.14 Neutral
STOCHASTIC_K (Fast) 2.95 Oversold
STOCHASTIC_D (Slow) 14.22 Oversold
CCI -133.74 SELL
PSAR 308.1 SELL
TRUE RANGE 13.1 Neutral
ATR 12.03 Neutral
WILLIAMS R -77.98 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 14.75 Oversold
MOMENTUM -30.8 SELL

MINDTECK Last 1 Year Trend

Duration Value
1 Year 59.74%
3 Months -19.79%
1 Month -10.96%
1 Week -11.76%

MINDTECK Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 20%
SELL 77%

Most popular Questions & Answers about MINDTECK


Mindteck (India) Limited stock last traded price is 248.05. MINDTECK share price moved Up by 10% from its previous close of Rs 225.5.

Mindteck (India) Limited share price trend is Up with a total of 35035 stocks traded till now. It has touched an intraday high of Rs 464.6 and an intraday low of Rs 225.55. The MINDTECK trading at 248.05, Up by Rs. 22.55, or 10 percent which suggests that most of the Traders are anticipating that the price of MINDTECK share should go Up and the Stop Loss will be around 238.15.

The market cap of Mindteck (India) Limited is ₹470.6 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Mindteck (India) Limited as of Nov 22, 2024 is 36.41.

The current price to book ratio for Mindteck (India) Limited as of Nov 22, 2024 is 4.85.

The highest price of Mindteck (India) Limited stock is ₹460 in the last 52-week.

The lowest price of Mindteck (India) Limited stock is ₹168.35 in the last 52-week.

Mindteck (India) Limited share trading at ₹248.05, Up by Rs. 22.55, or 10 percent which suggests that most of the traders are anticipating that the price of MINDTECK share should go Up.

In 2023, Stock price target for Mindteck (India) Limited (MINDTECK) are ₹176.5 on downside and ₹334.3 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 ₹334.3 on downside and ₹492.5 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 ₹492.5 on downside and ₹527 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 ₹569 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.

The price of Mindteck (India) Limited (MINDTECK) shares moved by 10%. The short-term trend for MINDTECK share price is Up. It implies that the share price of MINDTECK will stay the same tomorrow and that intraday traders should treat VWAP at 238.15 as a stop loss. Investors with a long-term outlook can track MINDTECK long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MINDTECK stock is 69.4. Compared to the current market price of 248.05 INR, the MINDTECK stock is Overvalued by 72%.

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 5.79. Mindteck (India) Limited book value per share as of today is 51.19. The current price to book ratio for MINDTECK as of Nov 23, 2024 is 4.85.


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 4221.95 130.61 199.33
INFY 1889.20 66.5 195.5
WIPRO 571.40 18.27 110.45
HCLTECH 1897.10 43.51 145.45
TECHM 1744.10 29.96 236.78
LTI 6149.30 125.6 651.6
MINDTREE 3433.85 90.8 331.82
MPHASIS 2884.90 78.74 302.96
TATAELXSI 6586.45 131.16 402.31
PERSISTENT 5796.25 63.3 309.41
Updated at: 22 Nov 2024 15:51

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