Happiest Minds Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Happiest Minds Technologies Fundamentals, Financial Trends, Businesses, and more
IT sector has the potential to show a lot of growth in the coming years. And anyway, the IT sector has already given very good returns and will continue to do so. Therefore, keeping this in mind, in this article we are going to talk about Happiest Minds Technologies, a company related to IT services.
Hey friends I am Sachin a finance enthusiast and author of this blog, and I have brought you the best analysis of Happiest Minds Technologies. First of all we will analyze it well after that we will try to Predict Happiest Minds Share Price Target. So stay tuned till the end of the blog, so let’s get started.
About Happiest Minds
Happiest Minds Technologies is a company of digital transformation solutions based in India which was founded in 2011 by Ashok Soota, . They provide services such as enterprise mobility, analytics, cloud, digital solutions, and infrastructure management to a wide range of industries. Happiest Minds has offices in several countries including The Singapore, United States, United Kingdom, and Australia.
The company focuses on delivering innovative solutions to their clients, with a particular emphasis on using new technologies such as A.I. , Internet of Things, and blockchain. They also provide services in areas such as cybersecurity, product engineering, and digital experience design. Happiest Minds has a strong client base in the manufacturing, retail, financial services, and healthcare sectors, among others.
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Happiest Minds Financial Trends
If we talk about the Revenue and Profit of Happiest Minds then –
Its revenue in 2019 has been ₹ 590 Cr and profit is ₹ 14.21 Cr. There was a revenue of ₹ 698 Cr in 2020 and a profit of ₹ 71.71 Cr. In the same 2021, there was a profit of ₹ 162 crore with a revenue of ₹ 773 Cr. And this year i.e. in 2022 there has been a profit of ₹ 181 Cr with a revenue of ₹ 1094 Cr.
Happiest Minds Shareholding
- Promoters hold 53.25%
- Retail and Others hold 41.33%
- Foreign Institutional Investors hold 3.94%
- Mutual Funds hold 1.07% and
- Domestic Institutional Investors hold 0.41% of Happiest Minds Share
Happiest Minds Fundamentals
|Market Cap||₹12,238 Cr|
|Debt||₹ 393 Cr|
|Debt To Equity||0.53|
Happiest Minds Share Price Target 2023 – 2030 Table
|Year||Happiest Minds Share Price Target|
Happiest Minds Share Price Target 2023
The management of the company is considered to be the second worldclass management because its founder Ashok Soota understands the IT industries very well. When the IPO of Happiest Minds came, then the investors got ready to invest after hearing the name of Ashok Soota. From this you can guess that the management of the company will be better. Ashok Soota has a good hold in the IT sector because he has also been the Managing Director and Founding Chariman of Mindtree and handled Wipro for 15 years and took it all to the peak. Only after that they have established Happiest Mind Limited company.
That’s why this company has seen good growth ever since its IPO till now. If we talk about Happiest Minds Share Price Target 2023, then the first target can be seen at ₹900 and the highest target can be at ₹920.
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Happiest Minds Share Price Target 2024
The business model of the company is divided into 3 units, in which the maximum revenue comes from digital business services.
- Digital Business Services – In this, the company offers some services such as SaaS, Digital infrastructure/Cloud, Securities solution, Analytics/AI, and IoT services.
- Product Engineering Services – On this, this company manufactures smart, secure and connected products, Builds blended products for hardware and embedded software, Rapid protoypes, Minimum viable products for the customes.
- Infrastructure Management & Securities Services – Here the company provides end to end monitoring services for applications and infrastructure for the customers. And provide services of secure ring fencing, automation of business and IT operations.
The whole range of services the company provides to its customers is what is attracting investors’ attention to this stock of Happiest Minds. Considering these, Happiest Minds Share Price Target 2024 can be ₹1250 and higest price can be ₹1300.
Happiest Minds Share Price Target 2025
This stock has given negative returns of -34% in the last year i.e. from January 2022 to January 2023, while in the last 6 months it has given 6% returns. The stock of Happiest Minds has seen continuous correction after the IPO. And anyway, correction is being seen in almost all the stocks of IT industries, which is the same thing. If we look at its financials, then profit, revenue and net worth are increasing continuously, which is a good thing.
Keeping this in mind, If we try to predict Happiest Minds Share Price Target 2025, first price target will be ₹1600 and highest price will be 1700.
Happiest Minds Share Price Target 2030
The fundamentals of the company are very good at present, its ROE is 30% which is considered good and its EPS is 15 which is approx. And its P/E ratio is 58.56, which will be considered right according to its financial growth. Happiest Minds has much less debt than its equity of 393 crores and its debt to equity is 0.53 which is considered good. Mostly good growth is seen in companies with less debt and if there is less debt then you can prefer to invest in it for long term.
Considering the fundamentals, Happiest Minds Share Price Target 2030 will be ₹4000 and highest price can be ₹5000. For more details about the Happiest Minds share watch this video –
So friends, if you are investing in shares only after seeing the share price target of Happiest Minds, then do not do this. Because there are many reasons behind the rise and fall of the share price.
I hope you enjoy knowing the Happiest Minds Share Price Target. If you want any more information or want to ask something regarding this then you can ask by commenting. We will try our best to reply to you and please share this article if possible.
What will be the share price of Happiest Minds after 5 years?
According to our analysis, price of Happiest Minds after 5 years will be INR 2450 – INR 2500 in 2027. This is the expected price range, share price of the Happiest Minds can be more or less than the predicted one.
What will be the share price of Happiest Minds in 2025?
After doing lots of analysis about this stocks, share price of Happiest Minds in 2025 can be around 1600 – 1700 rupees.
Is Happiest Minds is debt free company?
No, currently this company has a debt of ₹393 Crore.
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