Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Stocks to watch: Bajaj Finance, Vedanta, LTIMindtree, Sun Pharma, Happiest Minds, Tata Chemicals, Aditya Birla AMC, CMS Infosystems, BPCL, Aarti Drugs, Glenmark Life, Anupam Rashyan, Ashoka Buildcon and Premier Explosives

Stocks that will see action on January 27, 2023

Happiest Minds to acquire Sri Mookambika Infosolutions for ₹111 crore

SMI provides product engineering services to its U.S. customers around enterprise applications.

Happiest Minds To Acquire Madurai-Based IT Firm SMI For Rs 111 Crore

Happiest Minds Technologies on Wednesday announced that it has signed an agreement to acquire Madurai-headquartered IT services company SMI through a combination of upfront and deferred equity consideration amounting to Rs 111 crore.

Happiest Minds to acquire SMI via upfront, deferred equity for Rs 111 cr

SMI provides product engineering services to its US customers around enterprise applications and integrations, digital data platform services, mobility services and DevSecOps.

Happiest Minds to acquire Madurai-based IT firm SMI for Rs 111 crore

FSN E-Commerce Ventures Ltd, Newgen Software Technologies Ltd, Happiest Minds Technologies Ltd and Gravita India Ltd are among the other gainers in the BSE’s ‘A’ group today, 24 January 2023.

Route Mobile Ltd leads gainers in ‘A’ group

Q3 Review | Happiest Minds’ Revenues Jump 29% Happiest Minds’ revenues during the quarter rose 29% year-on-year but the IT services company posted a weak operating performance. Joseph Anantharaju and Venkatraman Narayanan share their outlook for #FY24.

Q3 Review | Happiest Minds’ Revenues Jump 29%

Stocks to watch out for today: HUL, Reliance Industries, Sun Pharma, Asian Paints, Hindustan Zinc, PVR, Happiest Minds, Bandhan Bank and more

Stocks in news: Reliance Industries, PVR, Asian Paints, Bandhan Bank, HUL and more

Happiest Minds' revenues during the quarter rose 29% year-on-year but the IT services company posted a weak operating performance. 

Joseph Anantharaju and Venkatraman Narayanan share their outlook for #FY24. #Q3WithBQ #BQLive  

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Q3 Review | Happiest Minds' Revenues Jump 29% | BQ Prime

Bengaluru Tech firm Happiest Minds Technologies reported a 17.7% year-on-year increase in net profi

Happiest Minds Tech Q3 net rises 17.7%

For the December FY23 quarter, Happiest Minds recorded a 3.1 percent sequential decline in profit at Rs 57.6 crore

Happiest Minds Technologies shares fall on weak Q3 earnings

Happiest Minds Technologies is a digital transformation IT consulting & services company focused on big data, analytics cloud, mobility and security services.

Happiest Minds Technologies Ltd

Happiest Minds Technologies Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Stocks that will see action on January 27, 2023

Happiest Minds to acquire Sri Mookambika Infosolutions for ₹111 crore

Happiest Minds To Acquire Madurai-Based IT Firm SMI For Rs 111 Crore

Happiest Minds to acquire SMI via upfront, deferred equity for Rs 111 cr

Happiest Minds to acquire Madurai-based IT firm SMI for Rs 111 crore

Route Mobile Ltd leads gainers in ‘A’ group

Q3 Review | Happiest Minds’ Revenues Jump 29%

Happiest Minds Technologies Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Stocks that will see action on January 27, 2023

Happiest Minds to acquire Sri Mookambika Infosolutions for ₹111 crore

Happiest Minds To Acquire Madurai-Based IT Firm SMI For Rs 111 Crore

Happiest Minds to acquire SMI via upfront, deferred equity for Rs 111 cr

Happiest Minds to acquire Madurai-based IT firm SMI for Rs 111 crore

Route Mobile Ltd leads gainers in ‘A’ group

Q3 Review | Happiest Minds’ Revenues Jump 29%

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock