HAPPSTMNDS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | HAPPSTMNDS | Market Cap | 5,844 Cr. | Current Price | 384 ₹ | High / Low | 675 ₹ |
| Stock P/E | 29.0 | Book Value | 102 ₹ | Dividend Yield | 1.56 % | ROCE | 13.9 % |
| ROE | 12.3 % | Face Value | 2.00 ₹ | DMA 50 | 399 ₹ | DMA 200 | 499 ₹ |
| Chg in FII Hold | 0.50 % | Chg in DII Hold | -0.58 % | PAT Qtr | 25.4 Cr. | PAT Prev Qtr | 56.2 Cr. |
| RSI | 50.7 | MACD | -2.32 | Volume | 15,30,867 | Avg Vol 1Wk | 62,71,407 |
| Low price | 305 ₹ | High price | 675 ₹ | PEG Ratio | 580 | Debt to equity | 0.80 |
| 52w Index | 21.2 % | Qtr Profit Var | -26.1 % | EPS | 11.1 ₹ | Industry PE | 20.9 |
📊 Chart & Trend Analysis: HAPPSTMNDS is trading at ₹384, below both its 50 DMA (₹399) and 200 DMA (₹499), reflecting weakness. RSI at 50.7 indicates neutral momentum, while MACD at -2.32 suggests mild bearish crossover. Bollinger Bands show price near the mid-range, signaling consolidation. Volume is significantly lower than the weekly average, pointing to reduced market participation.
📈 Momentum Signals: Short-term momentum is weak, with MACD negative and RSI neutral. Consolidation is likely before a decisive breakout. Oversold conditions are not yet visible, but price action suggests sideways movement.
💹 Entry & Exit Zones:
- Optimal Entry: ₹370–₹385 (near support zone)
- Stop-Loss: ₹360 (below recent support)
- Exit Zone: ₹395–₹410 (near 50 DMA resistance)
- Major Resistance: ₹499 (200 DMA)
📉 Trend Status: The stock is consolidating with bearish bias, capped by moving averages and weak volume trends.
Positive
- Market cap of ₹5,844 Cr. provides scale in IT services niche.
- Dividend yield of 1.56% offers modest income to investors.
- EPS of ₹11.1 shows consistent earnings base.
- FII holdings increased (+0.50%), reflecting foreign investor confidence.
Limitation
- High PEG ratio (580) indicates expensive growth prospects.
- Debt-to-equity ratio of 0.80 reflects moderate leverage.
- Price trading below both 50 DMA and 200 DMA shows weak technical strength.
Company Negative News
- DII holdings decreased (-0.58%), showing reduced domestic institutional support.
- Quarterly PAT declined sharply from ₹56.2 Cr. to ₹25.4 Cr.
- Quarterly profit variation of -26.1% highlights earnings pressure.
Company Positive News
- FII holdings increased (+0.50%), showing foreign investor interest.
- 52-week performance (+21.2%) indicates resilience despite recent weakness.
Industry
- IT services industry benefits from digital transformation demand but faces margin pressures.
- Industry PE at 20.9 highlights relatively cheaper peers compared to HAPPSTMNDS’s P/E of 29.0.
Conclusion
⚖️ HAPPSTMNDS is technically weak, consolidating below key moving averages with bearish bias. Traders may consider entry near ₹370–₹385 with strict stop-loss at ₹360, targeting ₹395–₹410 in the short term. Long-term investors should be cautious due to high PEG ratio and declining profitability, waiting for earnings recovery before accumulation.
Would you like me to extend this into a peer benchmarking overlay (e.g., KPIT Tech, Persistent Systems, Coforge) so you can evaluate sector rotation opportunities alongside HAPPSTMNDS?