The recent price chart displays a 'Bullish Flag' breakout in Happiest Minds' stock
Support for the Nifty is seen at 14,500 and with that as a stop loss, traders should remain bullish
Brokerage Nomura initiate coverage on Happiest Minds Technologies with a 'Buy' rating and target price of Rs 480 per share
Happiest Minds Technologies Ltd will acquire US-based Pimcore Global Services for USD 8.25 million (about Rs 60 crore). Houston-based Pimcore Global Services is a digital e-commerce and data management solutions company. "Happiest Minds Technologies Ltd has concluded and signed definitive agreements to acquire 100 per cent ownership interest of PGS Inc (doing business as Pimcore Global Services) for a consideration of USD 8.25 million," Happiest Minds said in a regulatory filing late Friday night. The acquisition will further strengthen Happiest Minds' offerings and leadership in the digital transformation space, it added. It will also help create greater digital capital for customers and facilitate onboarding more customer logos of strategic consequence. The acquisition is subject to customary closing conditions and is expected to close in the quarter ended March 31, 2021. The filing noted that PGS has a strategic partnership with Pimcore Austria for delivering solutions around .
Mrs Bectors posted the best listing gain in 2020 after Burger King and Happiest Minds, which gained 130 per cent and 123 per cent, respectively
Q&A with Joseph Anantharaju, Executive Chairman, & Venkataraman Narayanan, MD & CFO, Happiest Minds Technologies
The company's profit after tax (PAT) declined 32 per cent at Rs 34 crore sequentially
Chemcon Speciality Chemicals slipped 5 per cent to Rs 398.65 on the BSE today. The stock of the speciality chemicals has slipped 46 per cent from its listing day's high of Rs 743.80 hit on October 1
RIL chief Mukesh Ambani tops the list ninth year on the trot, his wealth surges 73% to Rs 6.58 trillion
Market players believe the new Sebi rule on net asset values (NAVs) will help capture the transactions on both asset and liability sides without any lag
This was the best day-one performance for an IPO since IRCTC in October last year, when the shares of the state-owned company gained 127 per cent
Business Standard brings you the top headlines of the day
The stock hit a high of Rs 395 in the early morning deals, thereby surging 138% against the issue price of Rs 166 per share on the BSE.
All that happened in the markets today
Wealthy investors to make up if Happiest Minds lists at 50% premium; 30% for Route Mobile
IT services firm Happiest Minds Technologies, which concluded its initial public offering last week on a remarkable note, will make stock market debut on Thursday
Hopes of bumper listing, success of last offering seen driving subscriptions of Happiest Minds & Route Mobile
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Happiest Minds, which gets almost all of its revenue from digital services, is one of two IPOs this week to woo Indian investors
Through the IPO, Happiest Minds was looking to raise Rs 110 crore in fresh capital