Mindtree stock hits fresh 52-week high, rallies 16% in 10 days

The stock has outpaced the market by surging 16 per cent in the last 10 trading days, as compared to a 2 per cent decline in the S&P BSE Sensex

Shares of Mindtree continued their northward march and jumped 5 per cent on Tuesday to hit a 52-week high of Rs 1,062 on the BSE in an otherwise range-bound market.

The stock of the IT consulting & software firm outpaced the market by surging 16 per cent in the past 10 trading days, as compared to 2 per cent decline in the S&P BSE Sensex. It hit an all-time high of Rs 1,182 on September 11, 2018.

On Wednesday, February 19, 2020, Times of India had reported that Mindtree has won a $150-$200 million (Rs 1,100 crore –