NIFTY 22502.00 BANK 48199.50

Mindteck (India) Limited
Share Price Target & Analysis

NSE:MINDTECK

315.37

VWAP

316.35

Open

325.2

Close

323.90

High

310.15

Low

351.95

52 Week High

314.75 ⇩
-10.45 (-3.21%)

MINDTECK

(IT)
84% Momentum

Trending & Favourite

119.00

52 Week Low

6.9

EPS

31.18

PE

5.47

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 314.75, this results in a dividend yield of 0.32 %.

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 18, 2024 is 5.47.

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 48.99% is very crucial parameter which shows that 48.99% investors are anticipating that the price of MINDTECK share should go up with VWAP at 315.37.

Now, the main question is whether to BUY or SELL, NSE:MINDTECK at current valuation.
As per latest Analysis No. #1734:-

⇑ 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 18, 2024)

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

Mindteck (India) Limited share price moved Down by -3.21% from its previous close of Rs 325.2. MINDTECK stock last traded price is 314.75. MINDTECK share price trend is Down with a total of 81112 stocks traded till now. It has touched an intraday high of Rs 323.90 and an intraday low of Rs 310.15. The MINDTECK trading at 314.75, Down by Rs. -10.45, or -3.21 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 -3.21%. MINDTECK share price short term trend is Down. It suggests that MINDTECK Share Price for Tomorrow remains the same with VWAP at 315.37 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

 314.75

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: @312.2

MINDTECK Moving Averages

BUY (12) NEUTRAL (0) SELL (2)
MA Simple Action S1 Expo Action E2
MA_5 312.59 SELL 315.75 SELL
MA_12 311.79 BUY 310.24 BUY
MA_20 308.56 BUY 301.34 BUY
MA_32 276.35 BUY 284.25 BUY
MA_50 250.69 BUY 270.73 BUY
MA_100 243.45 BUY 251.03 BUY
MA_200 209.59 BUY 217.88 BUY

MINDTECK Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 308.56 Uptrend
MACD -2.69 SELL
ADX 42.67 Strong Trend
DMI (+/-) 29.76 / 13.35 Uptrend

MINDTECK Momentum Oscillators

BUY (2) NEUTRAL (10) SELL (0)
Momentum Oscillators Value Action
RSI 57.38 Neutral
STOCHASTIC_K (Fast) 45.24 Neutral
STOCHASTIC_D (Slow) 46.02 Neutral
CCI 29.8 Neutral
PSAR 300.45 BUY
TRUE RANGE 18.35 Neutral
ATR 19.97 Neutral
WILLIAMS R -65.76 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 28.26 Neutral
STOCHASTIC RSI D 51.3 Neutral
MOMENTUM 23.4 BUY

MINDTECK Last 1 Year Trend

Duration Value
1 Year 201.64%
3 Months 29.76%
1 Month 8.1%
1 Week -2.68%

MINDTECK Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 57%
NEUTRAL / HOLD 33%
SELL 10%

Most popular Questions & Answers about MINDTECK


Mindteck (India) Limited stock last traded price is 314.75. MINDTECK share price moved Down by -3.21% from its previous close of Rs 325.2.

Mindteck (India) Limited share price trend is Down with a total of 81112 stocks traded till now. It has touched an intraday high of Rs 355.4695 and an intraday low of Rs 310.15. The MINDTECK trading at 314.75, Down by Rs. -10.45, or -3.21 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 315.37.

The market cap of Mindteck (India) Limited is ₹470.6 (in Cr) as of May 17, 2024.

The current price to earning ratio for Mindteck (India) Limited as of May 17, 2024 is 31.18.

The current price to book ratio for Mindteck (India) Limited as of May 17, 2024 is 5.47.

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 ₹314.75, Down by Rs. -10.45, or -3.21 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 18, 2024 is 5.47.


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 3834.10 120.39 199.33
INFY 1445.00 65.6 163.19
WIPRO 461.00 17.44 119.95
HCLTECH 1333.20 43.02 145.45
TECHM 1305.40 21.79 254.1
LTI 4764.30 125.6 540.21
MINDTREE 3433.85 90.8 331.82
MPHASIS 2322.30 76.59 265.28
TATAELXSI 7353.80 127.25 402.34
PERSISTENT 3530.25 64.07 294.03
Updated at: 18 May 2024 09:46

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