Happiest Minds Technologies | BNP Paribas Arbitrage acquired 9,25,250 equity shares in the company at Rs 368.55 per share on the NSE.
KRChoksey has come out with its fourth quarter (January-March’ 21) earnings estimates for the IT sector. The brokerage house expects Happiest Minds Technologies to report net profit at Rs 45.3 crore up 7.4% quarter-on-quarter.
Net Sales are expected to increase by 11 percent Q-o-Q to Rs 214 crore, according to KRChoksey.
Earnings before interest and tax (EBIT) are likely to rise by 10.9 percent Q-o-Q to Rs 51.1 crore.
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