Add Happiest Minds Technologies, target price Rs 900: HDFC Securities

HDFC Securities has add call on Happiest Minds Technologies Ltd. with a target price of Rs 900. The current market price of Happiest Minds Technologies Ltd. is Rs 887.55.

Happiest Minds Technologies Ltd., incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 13516.67 Crore) operating in IT Software sector.

Happiest Minds Technologies Ltd. key Products/Revenue Segments include I T Enabled Services for the year ending 31-Mar-2024.



Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 442.50 Crore, up 1.92 % from last quarter Total Income of Rs 434.17 Crore and up 14.51 % from last year same quarter Total Income of Rs 386.43 Crore. Company reported net profit after tax of Rs 71.98 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 50.24 per cent stake in the company as of 31-Mar-2024, while FIIs owned 4.68 per cent, DIIs 2.57 per cent.