Mindtree Analyst Meet Key Highlights - Growth Outlook Remains Intact: Motilal Oswal
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Motilal Oswal Report
We attended Mindtree Ltd.'s analyst day, where the management reiterated its 4x4x4 strategy and investments that the company is incurring to boost long-term growth
Key highlights from the meet:
The management reiterated its 4x4x4 strategy, with a focus on four industry groups, four service lines, and four geographies.
Continuing with its four core industry groups, it will now segregate healthcare as a separate vertical, given the strong deal traction in the same.
The four service lines point to an elevated focus on cloud.
Within geographies, the company has made additional investments in Finland and Norway to increase its foothold in Europe.
It is in the process of creating local/regional leadership in Europe, alluding that it will be a key growth driver for the business.
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