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Happiest Minds shares surge 138% on debut to hit a high of Rs 395; what should investors do?

The stock opened at Rs 351 on the BSE, which was also its intraday low, against the issue price of Rs 166.

September 17, 2020 / 09:38 PM IST

Happiest Minds Technologies registered a massive opening on the bourses, surging about 138 percent on an intraday basis on its debut on September 17.

The stock opened at Rs 351  on the BSE, which was also its intraday low, against the issue price of Rs 166.

At the time of writing this copy, it was quoting at 376.10, up 126.57 percent. The total trading volumes (BSE and NSE) crossed the issue size of over 4.22 crore equity shares.

Given the stellar listing, experts have advised booking profits in the counter to short-term traders, while medium to long-term investors can hold the scrip given the growth prospects of the company.