Sagar Doshi of Edelweiss Financial Services has a buy call on MindTree with a target price of Rs 525.

The current market price of MindTree is Rs 479.

Time period given by the analyst is intraday when MindTree price can reach defined target.

Sagar Doshi recommended to keep a stop loss at Rs 465.

MindTree, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 8,053.09 Crore) operating in Information Technology sector.

MindTree key Products/Revenue Segments include Software Development Charges which contributed Rs 4,752.60 Crore to Sales Value (100 per cent of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-06-2017, the company has reported a Consolidated sales of Rs 1,289.50 Crore, down 2.17 per cent from last quarter Sales of Rs 1,318.10 Crore and down 2.87 per cent from last year same quarter Sales of Rs 1,327.60 Crore.

Company has reported net profit after tax of Rs 121.70 Crore in latest quarter.

The company's top management includes Mr.Akshaya Bhargava, Mr.Krishnakumar Natarajan, Mr.Milind Sarwate, Mr.N S Parthasarathy, Mr.Rostow Ravanan, Mr.Subroto Bagchi, Mr.V G Siddhartha, Ms.Apurva Purohit, Ms.Manisha Girotra, Prof.Pankaj Chandra.

Company has Deloitte Haskins & Sells as its auditors.

As on 30-06-2017, the company has a total of 168,122,886 shares outstanding.