Welcome to another post from bsnews.in. In this post, we will talk about Happiest Minds share price targets for 2022, 2025, 2030. We will also talk about Happiest minds share price targets history as well.
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Happiest minds Details
This company is considered to be one of the big companies in the IT industries. This company works to provide services of Information Technology Services. This company looks after data analytics, cloud computing, networking, digital solutions, infrastructure and other services.
This company was started from April 2011.The headquarter of this company is located in Bangalore.
This company was formed by Mr. Ashok Sutta. Ashok Sutta spent his early career with Shriram Group of Companies in 1965. Ashok Sutta is a well-known personality in the IT sector.
After that, he was also the chairman of Wipro from 1984 to 1999. Ashok Sutta was a key figure in Wipro’s success. He also founded Mindtree, which today has more than a billion dollars in revenue with over 20,000 employees.
Presently, Ashok Sutta is the chairman of this company and Joseph Anant Raju is the vice-chairman of the company.
|Name||Happiest Minds Details|
|Company Name||Happiest Minds|
|Founded Year||April 2011|
|Vice-chairman||Joseph Anant Raju|
|Give Services||Information Technology Services|
|All Time High Price||₹1503.05(September 2021)|
|All Time Low Price||₹313.95(November 2020)|
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Happiest Minds Share Price History
If we talk about the returns of Happiest Minds Share, it has given only 87.03% returns in the last one year. If seen in the last 5 years, 190.87% returns have been given. If seen, it has given positive returns to its share holder’s.
If we talk about its least and maximum price, then it was at ₹313.95 in November 2020 and in September 2021 its price was also ₹1503.05 per share (Happiest Minds Highest Share Price Ever).
If we talk about the financial records of the company, then its Net Profit in March 2020 was 73 crores, it has become about 161 crores in March 2021.
Talking about the company’s total assets, in the year March 2020, the company’s total assets were 508 crores, which was 906 crores in the year 2021.
If we talk about Earning Per Share (2021), then it is ₹10.98.
Happiest Minds Share Price Target Details
Let us know how much Happiest minds Future Share Price can be.
Happiest minds share Price Target 2022
In the coming days, the results of the company are going to be good, if this happens, then there can be a lot of jump in the share prices.
If we talk about the target, then the Happiest Minds Share Price Target 2022 can be seen from around 1350to 1400 targets.
Happiest minds share Price Target 2023
The company has the potential to become a multi-bagger due to its diversified IT segment. If this company makes good efforts in the coming years, then the company can see huge growth in its business.
IT services are the backbone of the world economy. There is still a lot of scope left in IT service which an IT company can grab.
Happiest Minds Share Price Target The first target of 2023 will be ₹ 1480. If it achieves its first target then another target of ₹1600 can be seen.
Happiest minds share Price Target 2024
This company is a quality company with a lot of positives. Strong presence in digital technologies to drive growth, strong promoter background and customer relations also benefits the company.
Most importantly, Happiest Minds has a scalable business model with multiple factors for steady growth. However, for some time, all the IT companies are under pressure due to the US inflation.
First Happiest Minds Share Price Target in 2024 the target will be ₹ 1660. The second target would be ₹1790.
Happiest minds share Price Target 2025
Happiest minds technologies providing IT services are seen at rank 4 among the leading companies of the country. For the future in the company technology, artificial intelligence, machine learning, robotics are seen working jointly on technology, where the company is expected to see huge growth in the coming years.
As the Happiest minds will be seen updating their technology continuously, you are going to see the same growth in business as well.
Keeping in view the increasing opportunity of the happiest minds, the share price target is going to show you the first target of Rs2010with tremendous returns by 2025. After that you can stop the second target having interest of Rs2054.
Happiest minds share Price Target 2026
Happiest minds share price target: By 2026, you can see the first target of Rs.2500 with good returns due to ever-increasing business and strong customer network. Then you see full hope of showing another target of Rs2800 soon.
Happiest minds share Price Target 2030
As you will see for a long time the IT sector is going to dominate the digital sector, it is going to be seen being used in most of the work. Happiest minds being a great company in its business segment, it is often seen in the business of the big company in the long run.
Happiest minds are trying their best to establish their brand in a different way from the rest of the partner IT company, due to which the company has every possibility to grow at a good pace in the coming days. The longer you stay invested in the stock of this company, the more likely you are to get good returns.
In the long run, Happiest Minds, due to its excellent business, share price target by 2030, you get to see every possibility of trading around Rs9400.
Business Model of Happiest Model
The Happiest Minds are mainly involved in the IT sector. Talking about the business of Happiest Minds, it is divided into three verticals.
- Product Engineering Services
- Infrastructure management services
- Digital business services
Product Engineering Services
- Creating products and platforms that are smart, secure and connected.
- Mixture of hardware and embedded software.
- Minimum Viable Producer. (MVP)
- Build rapid prototypes for your customers.
Infrastructure management services
- Customer applications and infrastructure.
- Secure ring-fencing.
- End-to-end monitoring and management capability.
- Automation of business and IT operations.
Digital business services
- Digital Infrastructure
- Security solution
This company provides complete business services to go from offline to online. Thus these three sectors take the company from offline to online.
Happiest Minds Share Corporate Action
- Happiest Minds Share Divided history: This company had given a dividend of Rs4.75 in the year 2021.
- Happiest Minds Share Price Bonus History: Since this company is recently listed there are no bonus records available.
- Happiest Minds Share Holdings: If we talk about the share holdings, then FII has 6.93%, DII has 1.72%, Public has 35.6%, Promotors has 53.25%, Other has 3.04% and Mutual Fund has 1.28% Share Holdings.
- Happiest Minds Peer Companies: There are companies like Infosys, Wipro, Latent View Analytics and KPIT Tech.
Strengths of Happiest Minds
Following are the strongest points of the company –
- Experienced and strong management background.
- The company shows a profit growth of 256.67% in the last three years which is impressive.
- The debt to equity ratio of the company is not very high.
- Strong brand in digital IT services.
- Constant attention is being paid to R&D.
- Happiest Minds is increasing its EPS.
- The company has a sound operating leverage of 14.48 times.
- The company has a good ROE track record of 61.31% in the last three years.
Globally, the overall market size of digital service offerings is expected to grow by 15%-20% compared to FY2011- FY2015, according to Happiest Mind’s draft red herring prospectus submitted to SEBI in September 2020.
The company derives about 96% of its total revenue from the digital services business, while it is only 40%-50% among other Indian IT companies. This gives this company an edge over its peers.
Despite the moderate level of operations, Happiest Mind’s revenue is diversified into customers and services.
Weaknesses of Happiest Minds
Every company has some strengths and some weaknesses. Following are some of the threats to the company.
- About 74% of the trade comes from the US and only 12% from India.
- Happiest Minds faces intense competition from Tier-One IT players and well-established Tier-II players, which limits its pricing/bargaining power from customers.
- The company is trading at its premium valuation.
- The company’s P/E ratio is very high compared to its competitors.
- Suspicion of inability to meet the changing and changing needs of customers.
- Adverse fluctuations in foreign exchange rates.
- Over-Difficulty maintaining profitability.
- Difficulty maintaining profitability.
Industries to which Happiest Minds provide services
Happiest Minds Technologies provides services to the following industries –
- Travel & Hospitality
Shareholding Pattern of Happiest Minds
Presently no shares are pledged.
Competitors of the company
We have discussed Happiest Minds Share Price Target above. Let’s now look at Happiest Minds’ competitors:
- Tech Mahindra
- Route Mobile
Is it good to invest in Happiest minds?
If seen from the perspective of the future, Happiest minds is a fundamentally strong company in its business segment. Also the management of the company is considered to be the best.
The debt on the company is said to be negligible. Due to which there is not going to be any kind of financial pressure. The debt on the company is said to be negligible, due to which no financial pressure is going to be seen on the company for the expansion of the business in future. And at the same time, the potential of growth in the sector in which the company is working is very high. Due to which the company is going to go ahead and give good returns to the shareholders.
There is no doubt that Happiest Minds is one of the best company in its sector. The kind of growth the company is showing in its business, it has the full potential to give good earnings to the shareholders in the future. But keep in mind that if you want to buy any stock for a long time, then do not forget to do your own analysis once.
We want to invest in a company which has the potential to see some growth going forward, if you ask about this stock, then by waiting for the right time to invest in it for a short period, you can earn good money in it. If you talk about long term, then you can feel free to invest in it. If we talk about this sector i.e. IT sector, then at present it is going on pick up.
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Can Happiest minds share show good performance in future?
Happiest minds is consistently showing the best performance in its business segment, and looking at the future opportunities in the company’s business, it can be said that Happiest minds share has the potential to show good performance in future.
When is the right time to buy the Happiest minds share?
If you are a long term investor, then whenever you see a fall in the stock, then you can consider buying.
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