Happiest Minds Technologies Stock Hits 52-Week Low at Rs 635 on NSE

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Happiest Minds Technologies Stock Hits 52-Week Low at Rs 635 on NSE

Shares of Happiest Minds Technologies touched a 52-week low of Rs 634.80 on the NSE during today's session, before settling slightly higher at Rs 635.55. This represents a decline of 1.77%, marking a significant downturn for the stock. The stock's performance is closely watched as it reflects broader investor sentiment and company-specific factors.

Sentiment Analysis

According to recent sentiment analysis, Happiest Minds Technologies is currently rated as 'Very Bearish'. The historical rating data indicates a closing price of Rs 635.60 on March 26, 2025, coinciding with the 'Very Bearish' sentiment.

Financial Performance

A review of the company's financial performance reveals the following trends:

• Revenue: The company's revenue has shown consistent performance over the recent quarters, with figures ranging from Rs 370.58 Cr in December 2023 to Rs 375.24 Cr in March 2024. The revenue for December 2024 stood at Rs 373.23 Cr. Annually, the revenue increased from Rs 698.21 Cr in 2020 to Rs 1,472.88 Cr in 2024.
• Net Profit: The net profit has seen a declining trend in the recent quarters, decreasing from Rs 79.83 Cr in December 2023 to Rs 28.70 Cr in December 2024. However, the annual net profit has increased steadily from Rs 73.43 Cr in 2020 to Rs 245.73 Cr in 2024.
• EPS: The Earnings Per Share (EPS) has also followed a similar trend, declining from Rs 5.32 in December 2023 to Rs 1.91 in December 2024. The annual EPS has grown from Rs 7.21 in 2020 to Rs 16.55 in 2024.

• Basic EPS: Rs 16.55
• Book Value per Share: Rs 98.67
• Dividend per Share: Rs 5.75
• Gross Profit Margin: 27.16%
• Operating Margin: 24.83%
• Net Profit Margin: 16.68%
• Return on Equity: 16.67%
• Debt to Equity Ratio: 0.30
• P/E Ratio: 44.98
• P/B Ratio: 7.54

Happiest Minds Technologies is included in several key indices, including the NIFTY 500, NIFTY Smallcap 100, NIFTY MIDSMALLCAP 400, NIFTY SMALLCAP 250, Nifty500 Multicap 50:25:25, and Nifty Total Market. Its performance within these indices is indicative of its broader market impact.

The stock's movement today reflects a confluence of factors, including overall market conditions and company-specific performance metrics. Investors will be closely monitoring its near-term trajectory amid shifting market dynamics.