Vodafone Idea FPO
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Vodafone Idea FPO
Mindtree Ltd is an international information technology consulting and implementation company that delivers business solutions through global software development.
It is virtually a debt free company and has been maintaining a healthy average dividend payout of 30%.It delivered an RoE of 25.1% and is trading at valuation PE 23.6x of TTM earnings. Hence BUY.
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