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    Buy Happiest Minds Technologies, target price Rs 1500: Chandan Taparia

    Synopsis

    Happiest Minds Technologies Ltd., incorporated in the year 2011, is a Large Cap company (having a market cap of Rs 20908.23 Crore) operating in IT Software sector.

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    Higher highs on smaller time frame and surpassed is immediate hurdle of consolidation on daily frame
    Chandan Taparia of Motilal Oswal Securities has buy call on Happiest Minds Technologies with a target price of Rs 1500. The current market price of Happiest Minds Technologies Ltd. is Rs 1450.65.

    Time period given by analyst is Intra Day when Happiest Minds Technologies Ltd. price can reach defined target.
    Happiest Minds Technologies Ltd., incorporated in the year 2011, is a Large Cap company (having a market cap of Rs 20908.23 Crore) operating in IT Software sector.

    Financials
    For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 253.87 Crore, up 13.47 % from last quarter Total Income of Rs 223.74 Crore and up 35.77 % from last year same quarter Total Income of Rs 186.99 Crore. Company reported net profit after tax of Rs 35.73 Crore in latest quarter.

    Investment Rationale
    Higher highs on smaller time frame and surpassed is immediate hurdle of consolidation on daily frame
    (Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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