Mindtree near its 52-week high

Mindtree continues to remain firmly in the green. The stock, intra day, went up to Rs.1594.20, inches away from its 52-week high of Rs.1605. In an otherwise lackluster market, the stock is doing pretty well, up currently around 3%.

The buzz around the stock is all in anticipation of 18^th Jan – the day when the company will declare its Q3Fy16 performance. More importantly, it will be declaring a bonus and the expectation is of a 1:1.