This is a stock which has caught the eyes of fund houses.
As per Sept/09 data, the number of shares held by mutual funds is in the range of 4,152,934, while it was 1,793,504 in august. This is a very heavy spurt as compared to previous months, when the total holding of mutual funds never crossed even 6 digits.This is an indication about strong fundamentals of the company.
Nomura & Saif Iii Mauritius Co Ltd( Kotak Mahindra Uk Ltd) were the biggest buyers during Sept. @583/-
Trust this move indicates a strong rally. I look forward for a very decent gain in the tune of 20% upside.
Incidently today mindtree is releasing their earnings.
| NIFTY 
