Hi everyone! After a long stretch of sideways movement, it appears Happiest Minds is getting ready for a reversal. Short term and Long Term targets (if breakout sustains), are mentioned in the chart.
Fundamentally, the stock is performing good and the latest quarter results are good with increasing Net Profit and EPS.
Item YOY Dec 2023 Sep 2023 Dec 2022
Sales ⇡ 7% 371 370 345
EBIDT ⇣ 13% 68.2 71.8 78.6
Net profit ⇡ 38% 79.8 54.5 57.3
EPS ⇡ 34% ₹ 5.24 ₹ 3.58 ₹ 3.90
Disclaimer: This is not a buy/sell advice. Investments are subject to market risk.
Fundamentally, the stock is performing good and the latest quarter results are good with increasing Net Profit and EPS.
Item YOY Dec 2023 Sep 2023 Dec 2022
Sales ⇡ 7% 371 370 345
EBIDT ⇣ 13% 68.2 71.8 78.6
Net profit ⇡ 38% 79.8 54.5 57.3
EPS ⇡ 34% ₹ 5.24 ₹ 3.58 ₹ 3.90
Disclaimer: This is not a buy/sell advice. Investments are subject to market risk.
Trade active:
~5% up today.
Trade closed: stop reached