Happiest Minds Technologies is currently trading at Rs. 1017.95, up by 20.85 points or 2.09% from its previous closing of Rs. 997.10 on the BSE.
The scrip opened at Rs. 1014.00 and has touched a high and low of Rs. 1025.00 and Rs. 1009.75 respectively. So far 8491 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1438.80 on 18-Oct-2021 and a 52 week low of Rs. 785.55 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1026.15 and Rs. 977.40 respectively. The current market cap of the company is Rs. 15007.99 crore.
The promoters holding in the company stood at 53.25%, while Institutions and Non-Institutions held 5.42% and 41.33% respectively.
Happiest Minds Technologies has received an approval to raise funds by way of issuance of any instrument or securities, including equity shares, global depository receipts, American depository receipts, fully / partly convertible debentures, foreign currency convertible bonds, warrants, or any combination thereof, in one or more tranches for an aggregate amount not exceeding Rs 1400 crore (inclusive of premium amount, if any) at such price or prices as may be permissible under applicable law by way of a public issue, preferential allotment, private placement (including one or more qualified institutional placements), or through any other permissible mode and / or combination thereof as may be considered appropriate under applicable law, to eligible investors.
The meeting of Board of Directors of the Company held on October 5, 2022 has inter alia consider and approve the same.
Happiest Minds Technologies is a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights.