|
10 Jul 2025 |
Happiest Minds
|
Consensus Share Price Target
|
628.85 |
664.86 |
- |
5.73 |
buy
|
|
|
|
|
14 May 2025
|
Happiest Minds
|
ICICI Securities Limited
|
628.85
|
400.00
|
594.65
(5.75%)
|
36.39 |
Sell
|
|
|
Happiest Minds (HAPPSTMNDS) reported 25.6% YoY CC growth in FY25, lower than its guidance of 27-28%. Organic growth for FY25 stood at ~3.2% as per our estimate.
|
|
11 Mar 2025
|
Happiest Minds
|
Geojit BNP Paribas
|
628.85
|
756.00
|
695.90
(-9.64%)
|
20.22 |
Hold
|
|
|
|
|
06 Feb 2025
|
Happiest Minds
|
ICICI Securities Limited
|
628.85
|
610.00
|
688.90
(-8.72%)
|
Target met |
Sell
|
|
|
Happiest Minds (HAPPSTMNDS) has once again revised down its FY25 revenue target to 27-28% vs 30-35% YoY CC earlier. We cut revenue by 7%/9% for FY26-27E, factoring in lower organic growth momentum and softness in edutech.
|
|
14 Aug 2024
|
Happiest Minds
|
ICICI Securities Limited
|
628.85
|
750.00
|
751.40
(-16.31%)
|
Target met |
Hold
|
|
|
Happiest Mind’s (HAPPSTMN) operating performance undershot estimates with both margin and revenue missing their marks.
|
|
14 Aug 2024
|
Happiest Minds
|
Axis Direct
|
628.85
|
930.00
|
751.40
(-16.31%)
|
47.89 |
Buy
|
|
|
Given the company's strong growth potential backed by robust deal wins and superior execution capabilities, we recommend a BUY rating on the stock.
|
|
15 May 2024
|
Happiest Minds
|
Geojit BNP Paribas
|
628.85
|
872.00
|
809.80
(-22.35%)
|
Target met |
Hold
|
|
|
|
|
08 May 2024
|
Happiest Minds
|
Axis Direct
|
628.85
|
1100.00
|
822.05
(-23.50%)
|
|
Buy
|
|
|
Given the company's strong growth potential backed by robust deal wins and superior execution capabilities, we recommend a BUY rating on the stock.
|
|
21 Mar 2024
|
Happiest Minds
|
Hem Securities
|
628.85
|
899.00
|
779.65
(-19.34%)
|
Target met |
Buy
|
|
|
|
|
19 Jan 2024
|
Happiest Minds
|
Axis Direct
|
628.85
|
1100.00
|
889.60
(-29.31%)
|
|
Buy
|
|
|
Recommendation: Given the company's strong growth potential backed by robust deal wins and superior execution capabilities, we recommend a BUY rating on the stock.
|
|
02 Jan 2024
|
Happiest Minds
|
Axis Direct
|
628.85
|
1100.00
|
909.50
(-30.86%)
|
|
Buy
|
|
|
we initiate coverage with a BUY rating and a Target Price of Rs 1,100/share, offering an attractive upside of 22% from the CMP.
|
|
21 Dec 2023
|
Happiest Minds
|
IDBI Capital
|
628.85
|
991.00
|
914.30
(-31.22%)
|
|
Buy
|
|
|
|
|
15 Dec 2023
|
Happiest Minds
|
IDBI Capital
|
628.85
|
991.00
|
935.20
(-32.76%)
|
|
Buy
|
|
|
|
|
16 Nov 2023
|
Happiest Minds
|
IDBI Capital
|
628.85
|
991.00
|
853.70
(-26.34%)
|
|
Buy
|
|
|
|
|
19 Oct 2023
|
Happiest Minds
|
ICICI Securities Limited
|
628.85
|
807.00
|
836.60
(-24.83%)
|
Target met |
Hold
|
|
|
Happiest Minds (HM) reported in-line revenue growth of 3.6% QoQ CC (vs I-SEC: 3.5%) and 11.6% YoY CC in Q2FY24 led by healthy growth in product engineering services (5.2% QoQ USD) and digital business solutions (3.7% QoQ USD). Infrastructure management and security solutions’ revenue declined 2.5% QoQ USD and has been flat over the last six quarters.
|
|
17 Aug 2023
|
Happiest Minds
|
Geojit BNP Paribas
|
628.85
|
800.00
|
897.00
(-29.89%)
|
Target met |
Sell
|
|
|
|
|
10 Aug 2023
|
Happiest Minds
|
ICICI Securities Limited
|
628.85
|
929.00
|
923.85
(-31.93%)
|
Target met |
Hold
|
|
|
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.
|
|
08 Jun 2023
|
Happiest Minds
|
Hem Securities
|
628.85
|
1050.00
|
913.45
(-31.16%)
|
|
Buy
|
|
|
|
|
30 May 2023
|
Happiest Minds
|
ICICI Securities Limited
|
628.85
|
1038.00
|
889.75
(-29.32%)
|
|
Buy
|
|
|
As per HM management, the areas on which HM is working for its clients are non discretionary in nature. HM is working on core part of clients’ technology which the clients use to deliver their services or engage with their customers, or provide services to their employees.
|
|
12 May 2023
|
Happiest Minds
|
Geojit BNP Paribas
|
628.85
|
907.00
|
855.55
(-26.50%)
|
Target met |
Hold
|
|
|
|
|
15 Aug 2022
|
Happiest Minds
|
ICICI Securities Limited
|
628.85
|
1075.00
|
979.25
(-35.78%)
|
Target met |
Accumulate
|
|
|
We initiate coverage on Happiest Minds Technologies (HAPPSTMNDS) and assign an ADD rating with a DCF-based target price of Rs1,075, assuming 25% revenue CAGR over FY22-FY32E, 20% EBIT margin, terminal growth rate of 6.5% and WACC of 11.5%.
|