Close 10 Sep 1505 scanned A
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BREADTH61%above 200-DMA
ADV / DEC558 / 939
NSE close 10 Sep

HAPPSTMNDS

Happiest Minds Technologies Limited
Information TechnologySmall capRs 4,999 crRs 76.5 cr traded a day
Close on 10 September 2026
332.40
−2.09%
52-week range0% of the way up
332.40556.95
Market cap
4,999 cr
P/E (TTM)
22.4×
industry 25×
EPS (TTM)
14.83
Revenue YoY
+14.3%
Q1 FY27
Profit YoY
+18.3%
Net margin
10.8%
+0.4pt vs a year ago
Growth trend
+3.4pt
vs last quarter’s YoY
1 month
-14.8%
Below 52w high
67.6%
RSI (14)
10
oversold
Daily swing
5.4%
average true range
Volume
0.2×
vs 20-day average
Traded
Rs 76 cr
median day
Close200-day averageMaterial filing
400500600Sep 25Nov 25Jan 26Mar 26May 26Jul 26Sep 26
260 sessions · hover for the filing behind a move

Key metrics

each ranked against every stock scanned tonight
Above the 200-day average
Bottom of the universe
-15.4%
One-year return
Bottom of the universe
-41.1%
Return on capital employed
n/a
Debt to equity
n/a
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
n/a
Revenue growth, year on year
latest reported quarter
+14.3%
Below the 52-week high
from the highest close of the year
-40.3%
1 week
−6.09%
1 month
−14.77%
3 months
−5.47%
6 months
−13.43%
1 year
−41.08%

The read

written from the numbers on this page
The evidence is mixed3 supporting, 3 against, 1 worth knowing

Supporting

  • matches near a 52-week low, which has beaten the market by +0.38 points over 20 sessions across 48,405 past signals
  • revenue grew 14% year on year in the quarter ending 30 June 2026
  • net margin has widened from 9.4% to 10.8% across four quarters

Against

  • trading 15% below its 200-day average
  • at 0% of its 52-week range — nearly everyone who bought in the past year is underwater
  • down 41% over twelve months

Worth knowing

  • RSI at 10 is washed out — historically the better half of this site's measured edge comes from exactly this condition
What would change this read: a close back above 393, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

from the filings and from the price, with the figure behind every line
Working2

Net profit rose 18.3% year on year, from Rs 57 cr to Rs 68 cr.

+18.3%Rs 57 crRs 68 cr

Revenue rose 14.3% year on year, from Rs 550 cr to Rs 629 cr.

+14.3%Rs 550 crRs 629 cr
Needs watching5

Trading 15.4% below its 200-day average.

-15.4%

40% below its 52-week high.

-40%

Only 0.0% above its 52-week low.

+0.0%

Down 41.1% over the past year.

-41.1%

A warning rule fires on it tonight: near a 52-week low.

Near a 52-week low
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 2 of these 2 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.

How it has performed

price return over each window, beside the median NSE stock over the same days
this stockmedian NSE stock, same window-6.1%-5.3 pt vs market1W-14.8%-13.7 pt vs market1M-5.5%-8.1 pt vs market3M-13.4%-30.0 pt vs market6M-41.1%-37.9 pt vs market1Y

What the scans say today

1 of 47 matched on 10 Sep
HAPPSTMNDS matches 1 of the 47 scans today, across 1 different kinds of evidence.

Valuation against its own history

500 sessions since 26 September 2024
25×
median 40×
50×
now 22×
HAPPSTMNDS trades at 22× trailing earnings, below its median of 40× over this window — 43% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
08-31
19:11
Board meeting
1 day-10.45 days-15.220 days
08-28
14:35
Other filing
1 day-3.05 days-15.220 days
08-28
12:42
Other filing
The Exchange has sought clarification from Happiest Minds Technologies Ltd on August 28, 2026, with reference to news appeared in https://www.moneycontrol.com/ dated August 27, 2026 quoting ....
1 day-3.05 days-15.220 days
Board meeting filings were typically +0.02pt vs the market over the next 5 sessions (n=6,172) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · Order win filings were typically -0.10pt vs the market over the next 5 sessions (n=630)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
5225315455505745886046299.5%6.2%10.8%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 14% against the same quarter a year earlier
  • profit rose 18% year on year
  • net margin widened from 10.1% to 10.8%
  • revenue rose in 4 of the last 4 quarters

Going against it

  • nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
30 Jun · consolidated
62990684.4910.8%
Q4 FY26
31 Mar · consolidated
60480614.0610.1%
Q3 FY26
31 Dec · consolidated
58854402.686.9%
Q2 FY26
30 Sep · consolidated
57473543.599.4%
Q1 FY26
30 Jun · consolidated
55077573.7910.4%
Q4 FY25
31 Mar · consolidated
54550342.266.2%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-14.0%
Versus 200-day average-15.4%
Below 52-week high-40.3%
Above 52-week low+0.0%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)9.9
Higher closes in last 52 of 5
Six-month return−13.43%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)5.37%
Volume versus 20-day0.2x
Median daily turnoverRs 76.5 cr

Peers

Information Technology · 36 classified companies
HAPPSTMNDS trades at 22.4× trailing earnings against an industry median of 24.9× across 34 other classified companies in its industry — priced roughly in line with them. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
TCS797,88415.8−6.20%−28.29%527.0
INFY419,78213.8−11.87%−30.88%932.7
HCLTECH327,70018.8−11.60%−16.17%257.6
WIPRO164,69512.3−9.59%−33.57%135.5
TECHM135,15527.3−6.10%+1.36%266.9
LTM129,47024.9−8.15%−18.08%134.2
OFSS102,00829.9+0.39%+29.47%223.2
PERSISTENT86,91247.0+0.65%+4.52%261.6
COFORGE81,11542.2+1.75%+6.77%334.7
MPHASIS43,74422.9−9.69%−19.66%94.3
LTTS35,80627.1−5.62%−19.42%18.0
HAPPSTMNDS4,99922.4−14.77%−41.08%76.5
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
1 Sep1Falling on heavy volume
28 Aug1MACD just turned negative