News > Happiest Minds, whose stock more than doubled from IPO price, confident of 20% long-term growth

Happiest Minds, whose stock more than doubled from IPO price, confident of 20% long-term growth

12/02/2021 11:27 PM | Click to read full article

Happiest Minds shares today rose nearly 10 percent in trade after the company posted a strong quarter with standalone net sales rising 12.5 percent on a year-on-year basis while net profit jumped 95.6 percent.

The Happiest Minds stock listed at Rs 351 in September 2020, more than double its issue price of Rs 165, fuelled by an investor rush into shares of technology companies. The stock today trades around Rs 400.