651.2500 5.00 (0.77%)
NSE Jun 27, 2025 15:31 PM
Volume: 656.3K
 

651.25
0.77%
ICICI Securities Limited
Happiest minds (HM) reported 3.6% QoQ USD, 3.5% QoQ CC, revenue growth, slightly lower than our estimate of 4% QoQ CC. On a YoY basis, growth was 12.7% YoY USD (7% organic). EBIT margin came in at 19.2% (-175bps QoQ), below our estimate of 21.1% due to higher employee costs attributable to slight increase in onsite employee mix and campus joinee related costs.
Happiest Minds Technologies Ltd. is trading above its 100 day SMA of 630.7
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