Deal wins, digital share, improve margins key for Mindtree; stock gains 2%

The stock of mid-cap IT services provider Mindtree is up about 3 per cent, on expectations that the company will be able to maintain its track record of revenue outperformance, improve margins, and grow its digital business.  Further, given that its share of off-shoring is the highest among large and mid-cap IT companies, the sharp rupee depreciation is expected to be a tailwind. The management, during an analyst meet, highlighted that its portfolio mix, improved execution and digital competencies — coupled with higher share of large deals — is expected to help dri.....

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