Happiest Minds Technologies falls on the bourses
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Happiest Minds Technologies is currently trading at Rs. 834.90, down by 2.35 points or 0.28% from its previous closing of Rs. 837.25 on the BSE.
The scrip opened at Rs. 835.05 and has touched a high and low of Rs. 839.35 and Rs. 825.90 respectively. So far 26401 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1027.80 on 21-Oct-2022 and a 52 week low of Rs. 763.50 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 867.10 and Rs. 825.90 respectively. The current market cap of the company is Rs. 12756.06 crore.
The promoters holding in the company stood at 51.35%, while Institutions and Non-Institutions held 7.56% and 41.09% respectively.
Happiest Minds Technologies has reported marginal fall in its net profit at Rs 54.53 crore for second quarter ended September 30, 2023 as compared to Rs 55.31 crore for the same quarter in the previous year. However, total revenue of the company increased by 14.78% at Rs 392.28 crore for Q2FY24 as compared Rs 341.76 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported marginal fall in its net profit at Rs 58.46 crore for the second quarter ended September 30, 2023 as compared to Rs 59.41 crore for the same quarter in the previous year. However, total revenue of the company increased by 19.34% at Rs 428.83 crore for Q2FY24 as compared Rs 359.33 crore for the corresponding quarter previous year.
