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

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

KR Choksey is bullish on Happiest Minds Technologies has recommended buy rating on the stock with a target price of Rs 1300 in its research report dated May 06, 2022.

Buy Happiest Minds Technologies; target of Rs 1300: KR Choksey

Mid-cap IT firms will continue to do well as they have been leading digital transformation, says Ayaz Motiwala.

LTI Mindtree, Happiest Minds And Their Peers Are In Focus For This Fund Manager

Nivalis Partners' Ayaz Motiwala tells why Midcap I.T. is a good space to look at, and speaks about the underlying structural opportunities ahead of these companies. Adds that midcap I.T. companies have lead the digital transformation charge versus the other majors who played a catchup. 
Read more: https://bit.ly/37QkSXA 

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Mindtree-LTI, Happiest Minds And Their Peers Are In Focus For Ayaz Motiwala

Happiest Minds Q4 Review - Stellar Performance Continues: KRChoksey

The company generated an operating revenue of Rs 300.57 crore during the period, a 36.2% jump from a year ago. For the full year, the PAT stood at Rs 181.20 crore, a 11.5% increase from the previous financial year’s Rs 162.46 crore.

Happiest Minds reports 44.5% jump in PAT in March quarter | The Financial Express

During the quarter, the mid-sized software firm said, its revenue rose to Rs 310 crore, clipping at 38.8 per cent year-on-year and 6.2 per cent sequentially

Happiest Minds Tech net income up 45% to Rs 52 crore amid high attrition

During the quarter, the mid-sized software firm said, its revenue rose to Rs 310 crore, clipping at 38.8 per cent year-on-year and 6.2 per cent sequentially.

Happiest Minds Tech net income up 45% to Rs 52 crore in March quarter amid high attrition

Happiest Minds Technologies net income up 45% at Rs 52 crore in March quarter amid high attrition | The Financial Express

Happiest Minds Consolidated March 2022 Net Sales at Rs 300.57 crore, up 36.18% Y-o-Y

Happiest Minds' revenue, net profit rises 6% and 6.52% respectively in Q4.
MD Venkatraman Narayanan & Executive VC Joseph Anantharaju share growth strategies & projections for FY23. #BQLive #Q4WithBQ

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Q4 Results: Happiest Minds' Management On Earnings & FY23 Projections

On a sequential basis, the company’s net profit rose 6.52% to Rs 52.11 crore while net sales gained 5.86% to Rs 300.57 crore in Q4 FY22 as compared to Q3 FY22.

Happiest Minds Technologies Q4 PAT advances 7% QoQ to Rs 52 cr

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

Buy Happiest Minds Technologies; target of Rs 1300: KR Choksey

LTI Mindtree, Happiest Minds And Their Peers Are In Focus For This Fund Manager

News Video

Mindtree-LTI, Happiest Minds And Their Peers Are In Focus For Ayaz Motiwala

Happiest Minds Q4 Review - Stellar Performance Continues: KRChoksey

Happiest Minds reports 44.5% jump in PAT in March quarter | The Financial Express

Happiest Minds Tech net income up 45% to Rs 52 crore amid high attrition

Happiest Minds Tech net income up 45% to Rs 52 crore in March quarter amid high attrition

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

Buy Happiest Minds Technologies; target of Rs 1300: KR Choksey

LTI Mindtree, Happiest Minds And Their Peers Are In Focus For This Fund Manager

News Video

Mindtree-LTI, Happiest Minds And Their Peers Are In Focus For Ayaz Motiwala

Happiest Minds Q4 Review - Stellar Performance Continues: KRChoksey

Happiest Minds reports 44.5% jump in PAT in March quarter | The Financial Express

Happiest Minds Tech net income up 45% to Rs 52 crore amid high attrition

Happiest Minds Tech net income up 45% to Rs 52 crore in March quarter amid high attrition

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