Happiest Minds Technologies Ltd (HAPPSTMNDS)

Happiest Minds Launches WATCH360 for IT Infrastructure Management - 17 Jul, 2024

Happiest Minds Technologies has launched Happiest Minds WATCH360, a managed services package aimed at simplifying IT infrastructure management for organisations. The service provides efficient, round-the-clock IT management, enabling businesses to focus more on their core functions and strategic initiatives. This move is expected to enhance overall IT operations through its comprehensive, flexible scaling model.

Happiest Minds Launches Comprehensive IT Managed Service Offering - 16 Jul, 2024

Happiest Minds Technologies has launched Happiest Minds WATCH360, a comprehensive 24/7 IT infrastructure management service powered by AI-infused platform ELLIPSE. The offering provides real-time insights and automation for enhanced IT efficiency, cost savings, and seamless service delivery, allowing organizations to focus on core businesses and strategic initiatives.

Trade Brains Analysts Give Happiest Minds Technologies a Buy Rating - 05 Jul, 2024

Trade Brains analysts have given Happiest Minds Technologies Ltd a buy rating with a target price of Rs. 1,450 per share, representing an upside potential of nearly 76%. The company aims to reach $1 billion in revenue within the next 7-8 years and is expected to grow its revenues by 35-40% in FY24-25.

Happiest Minds Technologies Stock Shows Bullish Falling Wedge Pattern - 28 Jun, 2024

Happiest Minds Technologies stock is showing a bullish falling wedge pattern, with recent rise in volumes suggesting strong buying. However, a bearish gap suggests a hurdle in the 895-900 zone, while support can be found at 770-760 and immediate supports at 815-810.

Happiest Minds Technologies Aims to Reach $1 Billion by 2031 - 26 Jun, 2024

Happiest Minds Technologies is expected to grow at a CAGR of 22% and reach $1 billion by 2031, according to the company's MD & CFO. Last year, the company achieved 11.5% growth in a challenging market, and this year, including acquisitions, the estimate is between 35% to 40%. The company aims to achieve an operating margin of 20% to 22%.

Happiest Minds Founder Sells Stake Worth Rs 762 Crore - 25 Jun, 2024

Ashok Soota, founder of Happiest Minds Technologies, has sold a 6% stake in the company worth Rs 762 crore through open market transactions. The stock fell by 9.53% on June 25th after the sale was announced. Happiest Minds reported a 24.83% increase in consolidated net profit for Q4FY24, reaching Rs 71.98 crore compared to Rs 57.66 crore in the same period the previous year.

Happiest Minds Promoter Initiates Block Deal to Sell Stake - 24 Jun, 2024

Ashok Soota, the promoter and executive chairman of Happiest Minds Technologies, has initiated a block deal to sell a 6% stake in the company for ₹754 crore. The residual stake held by Soota is subject to a 6-month lock-up period. The company reported a 24.83% increase in consolidated net profit at ₹71.98 crore for Q4FY24.

Happiest Minds Technologies' Stock Volume Spikes on BSE - 21 Jun, 2024

Happiest Minds Technologies Ltd saw a significant spike in trading volume on BSE, rising 5.31 times over the two-week average daily volume, with a corresponding 4.09% increase in stock price to Rs.918.60.