Mindteck announces new client and project win

Mindteck (India) Limited (BSE: 517344 and NSE: MINDTECK), the global engineering and technology solutions company with niche knowledge and expertise in the storage, medical device, semiconductor and analytical instrument industries, secured a project win with a new European client that provides advanced wafer processing technologies and solutions for the semiconductor and microelectronics industry.

The ten-month project encompasses design and development of common process modules software for metal deposition technology. Commenting on the client and project win, Mr. Anand Balakrishnan, Chief Executive Officer and Managing Director, said: "We are very pleased to have added this reputed client to our portfolio. For Mindteck, this win is strategic to our growth trajectory and a positive sign amidst the unprecedented uncertainties."

Shares of MINDTECK (INDIA) LTD. was last trading in BSE at Rs.24.2 as compared to the previous close of Rs. 24.7. The total number of shares traded during the day was 5209 in over 85 trades.

The stock hit an intraday high of Rs. 24.5 and intraday low of 24. The net turnover during the day was Rs. 126278.

Source : Equity Bulls

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