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MindTree Ltd. (MINT.BO)
Research Tactical Idea
We believe the share price will fall relative to the country index over the next 60 days.
This is because of a change in management. Ashok Soota, founder and executive chairman of MindTree, seeks to leave
the company by 31 March 2011 and pursue something new outside MindTree. The board will decide on the transition plan
in the coming week. We believe this is an unexpected development and the stock could underperform due to the surprise.
We estimate that there is about an 80%+ or "highly likely" probability for the scenario.
Estimated probabilities are illustrative and assigned subjectively based on our assessment of the likelihood of the
scenario.
Stock Rating: Equal-weight
Industry View: In-Line
India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details �� ��
MindTree Ltd. (MINT.BO)
Research Tactical Idea
We believe the share price will fall relative to the country index over the next 60 days.
This is because of a change in management. Ashok Soota, founder and executive chairman of MindTree, seeks to leave
the company by 31 March 2011 and pursue something new outside MindTree. The board will decide on the transition plan
in the coming week. We believe this is an unexpected development and the stock could underperform due to the surprise.
We estimate that there is about an 80%+ or "highly likely" probability for the scenario.
Estimated probabilities are illustrative and assigned subjectively based on our assessment of the likelihood of the
scenario.
Stock Rating: Equal-weight
Industry View: In-Line
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