Happiest Minds Technologies Hits 52-Week Low Amid Broader Market Gains
Happiest Minds Technologies has hit a new 52-week low, continuing a six-day decline that has seen a total drop of 7.66%. Despite its struggles, the company maintains strong management efficiency with a return on equity of 24.91% and low debt levels, while institutional investors have increased their stake.
Happiest Minds Technologies has experienced significant activity today, reaching a new 52-week low of Rs. 639.85. The stock has underperformed its sector by 1.5% and has seen a consecutive decline over the past six days, resulting in a total drop of 7.66% during this period. Currently, Happiest Minds is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.In the broader market, the Sensex has risen sharply, gaining 692.60 points to reach 75,301.26, despite Happiest Minds' struggles. Over the past year, the stock has declined by 18.17%, contrasting sharply with the Sensex's positive performance of 3.51%.
Financially, the company has shown high management efficiency with a return on equity (ROE) of 24.91% and maintains a low debt-to-equity ratio of 0.10. However, its profits have decreased by 8.7% over the last year. Notably, institutional investors have increased their stake in the company by 1.91%, now holding 11.42% of the total shares, reflecting a growing interest in its fundamentals.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
