HAPPSTMNDS - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.6
| 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 |
📊 Happiest Minds (HAPPSTMNDS) has shown strong quarterly profit growth and decent fundamentals, but the stock is currently trading near its 52-week low with weak technical indicators. The RSI at 32.9 suggests oversold conditions, which may present a short-term swing opportunity. However, the MACD (-15.6) indicates bearish momentum. The optimal entry price would be around ₹395–₹400, near the recent support zone. If already holding, consider exiting around ₹445–₹455, close to the 50 DMA resistance level.
✅ Positive
- Quarterly PAT growth from ₹40.5 Cr. to ₹56.2 Cr. (+31%) shows strong earnings momentum.
- Dividend yield of 1.51% provides modest income support.
- ROCE (13.9%) and ROE (12.3%) reflect reasonable efficiency.
- FII holdings increased (+0.50%), showing foreign investor confidence.
- Trading volume significantly above weekly average, indicating strong market activity.
⚠️ Limitation
- PEG ratio of 592 suggests poor valuation relative to growth.
- Debt-to-equity ratio of 0.80 is relatively high compared to peers.
- Stock trading far below DMA 50 (₹451) and DMA 200 (₹541), showing weak technical strength.
- 52-week index at 1.27% indicates the stock is near its lowest levels.
📉 Company Negative News
- DII holdings decreased (-0.58%), showing reduced domestic institutional support.
- MACD (-15.6) signals bearish momentum in the short term.
📈 Company Positive News
- Strong quarterly profit growth supports earnings visibility.
- EPS of ₹12.0 indicates consistent profitability.
- Stock trading near support levels may offer a swing entry opportunity.
🏭 Industry
- IT services industry remains resilient with steady demand for digital transformation.
- Industry PE at 24.8 suggests Happiest Minds trades at a slight premium (P/E 29.6).
- Sector outlook remains positive with long-term growth potential in cloud and digital services.
🔎 Conclusion
Happiest Minds is a fundamentally decent company with strong profit growth, but weak technicals and high debt-to-equity ratio limit short-term upside. For swing trading, entry near ₹395–₹400 is favorable, with an exit target around ₹445–₹455. While oversold conditions may trigger a rebound, traders should remain cautious due to bearish momentum and valuation concerns.