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

Not a good time to invest, stock is in overbought zone

Entry Point

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

No Red Flags

Forbes & Company Ltd, Aarti Drugs Ltd, Happiest Minds Technologies Ltd and Techno Electric & Engineering Company Ltd are among the other gainers in the BSE’s ‘A’ group today, 17 August 2022.

Nava Ltd leads gainers in ‘A’ group

Its IDaaS MSSP solution powered by OneLogin

Happiest Minds Technologies launches Identity Vigil 2.0

Happiest Minds Technologies launches Cybersecurity services for healthcare

Happiest Minds Co-founder Ashok Soota Eyes for His Third IPO at 79; Details Here; Happiest Health is based on industry pioneer Ashok Soota’s vision of a holistic approach towards health and wellbeing.

Happiest Minds Co-founder Ashok Soota Eyes for His Third IPO at 79; Details Here

IT company Happiest Minds on Friday posted a 57.7 per cent increase in consolidated profit after tax at Rs 56.34 crore in the June quarter.

Happiest Minds profit rises 58% to Rs 56.34 crore in June quarter

The consolidated revenues from contracts with customers of the company grew 34.5 per cent to Rs 328.92 crore during the quarter under review.

Happiest Minds Q1 Results: Profit rises 58% to Rs 56.34 crore

“In terms of net addition, we added 24 people last year to our headcount and we are expecting a huge increase in Q2. We have a campus batch joining and we have a good joining pipeline and so we will continue focussing on adding people to sustain our growth.”

Happiest Minds maintained margins at 26.4% for Q1; attrition at 23-24%: Joseph Anantharaju

Happiest Minds Technologies rose 3.09% to Rs 999.35 after the company’s net profit rose 8.1% to Rs 56.34 crore while net sales gained 9.4% to Rs 328.92 crore in Q1 FY23 over Q4 FY22.

Happiest Minds Tech rises on decent Q1 performance

Happiest Minds Technologies consolidated net profit rises 57.68% in the June 2022 quarter

Buzzing stocks: SBI, CSB Bank, Canfin Home, Cyient, Insecticides, SRF, McNally Bharat, Info Edge, Ador Welding, NHPC, IDBI, Happiest Minds, ICICI Securities, MphasiS, Embassy Office Park, Som Distilleries

Stocks that will see action July 21, 2022

Buzzing stocks: BSE, Happiest Minds, HeidelbergCement, Piramal Enterprises, BoB, Om Infra, Shilpa Medicare, PTC Industries, Maharashtra Seamless, Mrs Bectors Food, Orchid Pharma, KNR Constructions, Jagsonpal Pharma

Stocks that will see action on July 18, 2022

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

Nava Ltd leads gainers in ‘A’ group

Happiest Minds Technologies launches Identity Vigil 2.0

Happiest Minds Technologies launches Cybersecurity services for healthcare

Happiest Minds Co-founder Ashok Soota Eyes for His Third IPO at 79; Details Here

Happiest Minds profit rises 58% to Rs 56.34 crore in June quarter

Happiest Minds Q1 Results: Profit rises 58% to Rs 56.34 crore

Happiest Minds maintained margins at 26.4% for Q1; attrition at 23-24%: Joseph Anantharaju

Happiest Minds Tech rises on decent Q1 performance

Happiest Minds Technologies consolidated net profit rises 57.68% in the June 2022 quarter

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

Nava Ltd leads gainers in ‘A’ group

Happiest Minds Technologies launches Identity Vigil 2.0

Happiest Minds Technologies launches Cybersecurity services for healthcare

Happiest Minds Co-founder Ashok Soota Eyes for His Third IPO at 79; Details Here

Happiest Minds profit rises 58% to Rs 56.34 crore in June quarter

Happiest Minds Q1 Results: Profit rises 58% to Rs 56.34 crore

Happiest Minds maintained margins at 26.4% for Q1; attrition at 23-24%: Joseph Anantharaju

Happiest Minds Tech rises on decent Q1 performance

Happiest Minds Technologies consolidated net profit rises 57.68% in the June 2022 quarter

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