Happiest Minds Technologies Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price
Introduction
Happiest Minds Technologies Limited, operates in the business of digital transformation for companies. Works on technologies like AI, blockchain, cloud technology and computing, DPA, IoT , robotics and VR etc. They work on delivering agile digital services for vast sectors. The company has its head office in Bengaluru, Karnataka, India. Happiest Minds Technologies Limited was founded by one of the co-founders of Mindtree Technologies Limited.
Happiest Minds Technologies Limited Moves In 2024
Happiest Minds Share Price in July,2024 is Rs.830.45
In June 2024, Dividend informed by Happiest Minds was Rs.3.25 per Happiest Minds Share Price with share value Rs.2.
Happiest Minds Share Price in June,2024 is Rs.817.29
For the fiscal year FY2025, Happiest Minds Technologies has forecasted a growth rate of 35-40%
Happiest Minds Share Price in May,2024 is Rs.788.55
In May, 2024, Happiest Minds acquired PureSoftware Technologies worth Rs.779 crores.
Happiest Minds Share Price in April,2024 is Rs.815
For the year FY2024, Happiest Minds Technologies Limited had an increase in revenue by 13.66% to Rs.1624.66 crores and net profit increased by 7.53% to Rs.248.39 crores.
Happiest Minds Share Price in March,2024 is Rs.744.4
Happiest Minds Technologies Limited's Fourth quarter results for the year FY2024 indicates that its net profit has increased by 24.83% to Rs.71.83 crores and Operational revenue increased by 10.4% to Rs.417.29 crores.
Happiest Minds Share Price in February,2024 is Rs.846.95
Happiest Minds Technologies had an employee count of 5168 with its employee turnover rate of 13%.
Happiest Minds Share Price in January,2024 is Rs.876.05
Evolution Of Happiest Minds Technologies Limited: From Past to Present
Year |
Evolution |
2011 |
Established Happiest Minds Technologies Limited. |
2012- 2015 |
Provided digital technology services to its clients . Expanded its client base. |
2016 |
Achieved increase in revenue. Achieved to be nation’s Top 50 IT firms |
2017-2018 |
Provided emerging technology services to clients |
2019 |
Offered services on digital transformation to global clients |
2020 |
Listed on stock exchanges with 151 times over subscription |
2021 |
Achieved tremendous revenue growth in midst of Covid 19 pandemic |
2022 |
Achieved tremendous revenue growth and global clients |
2023 |
Focussed on takeovers and partnerships. |
Happiest Minds Technologies Limited Company Information
Company Information |
|
Name |
Happiest Minds Technologies Limited |
Founded year |
2011 |
Founder |
Mr. Ashok Soota |
Headquarters |
Bengaluru, Karnataka, India |
Industry |
Software & IT Services |
Chairman |
Mr. Ashok Soota |
Revenue |
Rs. 1624.66 crore FY2024 |
Net Income |
Rs. 248.39 crore FY2024 |
NSE code |
NSE:HAPPSTMNDS |
BSE code |
BSE: 543227 |
Inside Happiest Minds Technologies Limited
Main News
For the year FY2024, Happiest Minds Technologies Limited had an increase in revenue by 13.66% to Rs.1624.66 crores and net profit increased by 7.53% to Rs.248.39 crores.
Happiest Minds Technologies Limited's Fourth quarter results for the year FY2024 indicates that its net profit has increased by 24.83% to Rs.71.83 crores and Operational revenue increased by 10.4% to Rs.417.29 crores.
Corporate Action
In May, 2024, Happiest Minds acquired PureSoftware Technologies worth Rs.779 crores.
In June 2024, Dividend informed by Happiest Minds was Rs.3.25 per Happiest Minds Share Price with share value Rs.2.
Happiest Minds Technologies had an employee count of 5168 with its employee turnover rate of 13%.
Happiest Minds Technologies Share Price
Company Name |
Sector |
Share Price Link |
Happiest Minds Technologies Limited |
Software & IT Services |
Milestones of Happiest Minds Technologies Limited
Year |
Milestones |
April, 2011 |
Incorporation of Happiest Minds Technologies Private Limited . Promoter of the company was Mr. Ashok Soota . Established the company in India, US and UK |
2013 |
Establishment of Happiest Minds at Australia |
2015 |
CMDB II invested in Happiest Minds. The company recognized itself with brand name ‘The Mindful IT company’ |
2016 |
Establishment of Happiest Minds at Dubai |
2017 |
Acquired Erstwhile subsidiary’s membership interests. Launched Centre of Excellence for Internet Of Things and Analytics. Entered into Business Transfer Agreement with Cupola |
2019 |
Offered various emerging digital technology services to its client base. Recognized the company’s brand name as ‘ Born Digital. Born Agile’ |
2020 |
Listed on Stock Exchange |
2022 |
Won awards like Golden peacock and Microsoft partner of the year. Partnered with CloudFabrix’s RDAF |
2023 |
Won awards like SAFA Best Presented Annual Report , procurement organization of the year, LACP spotlight awards and Trailblazers of APAC IBM Partner Plus Awards. |
Happiest Minds Technologies Limited Awards & Achievements
'Corporate Governance Excellence' by Golden Peacock and ICSI.
Certified to be 'Great Place to Work' in top 50 in Health & Wellness 2023
ISO 9001:2015 certified for quality management services
ISO 27001:2013 certified for ISM system
ISO 27701:2019 certified for privacy IMS.
CREST certified for PTO in EMEA.
CNBC -TV18 award for India Risk Management in 2024
ISOL Corporate award on Sustainability basis on Value .
100 Best companies for females in the country in 2023 by Avtar & Seramount.
Award for Best Security Technology by IDEA award and many more .
Conclusion
Happiest Minds Technologies Limited has positioned itself as an IT company with strong growth in revenue. It has strategized innovation in emerging technologies which led to its growth in the trajectory.
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Frequently Asked Questions
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What will be the target for Happiest Minds Share Price in 2024?
Happiest Minds share price target for the year 2024 would be between Rs. 849.40 to Rs.873.25 .For real-time insights into the future of Happiest Minds Share Price, visit Enrich Money
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