HAPPSTMNDS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.1
| Stock Code | HAPPSTMNDS | Market Cap | 6,061 Cr. | Current Price | 398 ₹ | High / Low | 774 ₹ |
| Stock P/E | 29.6 | Book Value | 102 ₹ | Dividend Yield | 1.51 % | ROCE | 13.9 % |
| ROE | 12.3 % | Face Value | 2.00 ₹ | DMA 50 | 451 ₹ | DMA 200 | 541 ₹ |
| Chg in FII Hold | 0.50 % | Chg in DII Hold | -0.58 % | PAT Qtr | 56.2 Cr. | PAT Prev Qtr | 40.5 Cr. |
| RSI | 32.9 | MACD | -15.6 | Volume | 13,19,258 | Avg Vol 1Wk | 6,31,681 |
| Low price | 393 ₹ | High price | 774 ₹ | PEG Ratio | 592 | Debt to equity | 0.80 |
| 52w Index | 1.27 % | Qtr Profit Var | 31.0 % | EPS | 12.0 ₹ | Industry PE | 24.8 |
📊 Analysis: HAPPSTMNDS is trading near its 52-week low (393 ₹) with weak momentum indicators. RSI at 32.9 suggests oversold conditions, while MACD at -15.6 indicates bearish sentiment. Price is significantly below both 50 DMA (451 ₹) and 200 DMA (541 ₹), reflecting strong downward pressure. Elevated volume compared to weekly average shows active participation, but the trend remains weak. Intraday trading is moderately risky and suitable only for quick scalps with tight stop-losses.
💹 Optimal Buy Price: 395–400 ₹ (near support zone).
🎯 Profit-Taking Levels: 410 ₹ (first target), 420 ₹ (second target).
🛡️ Stop-Loss: 390 ₹ (to protect downside risk).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 410 ₹ or if volume spikes without price breakout. Weak RSI and negative MACD suggest limited upside, so profit booking should be swift near resistance levels.
✅ Positive
- Quarterly PAT improved from 40.5 Cr. to 56.2 Cr., showing earnings growth.
- EPS of 12.0 ₹ supports valuation stability.
- Dividend yield of 1.51% adds investor confidence.
- FII holding increased by 0.50%, reflecting foreign investor interest.
⚠️ Limitation
- Price trading far below 50 DMA and 200 DMA indicates strong bearish trend.
- PEG ratio of 592 highlights expensive growth prospects.
- Debt-to-equity ratio of 0.80 is relatively high.
- RSI (32.9) and MACD (-15.6) show weak momentum.
📉 Company Negative News
- DII holding decreased by -0.58%, showing reduced domestic institutional confidence.
- Stock has dropped sharply from 774 ₹ to current levels, reflecting investor caution.
📈 Company Positive News
- Quarterly profit variation of 31% indicates strong recent earnings growth.
- FII holding increased, signaling foreign support despite weakness.
🏭 Industry
- IT services industry remains competitive with moderate growth outlook.
- Industry P/E at 24.8 is lower than HAPPSTMNDS’s 29.6, suggesting premium valuation despite weak price action.
🔎 Conclusion
HAPPSTMNDS is fundamentally decent but technically weak for intraday trading. Traders may attempt short-term scalps near support levels with strict stop-losses. Momentum indicators suggest caution, and profit booking should be quick if resistance levels are tested.