Happiest Minds Technologies | Stock Updates

Happiest Minds Technologies enters into a strategic partnership; details inside

Through this partnership with Soroco, Happiest Minds brings intelligence to automation discovery with process and task mining.

About the partnership

Happiest Minds Technologies has entered into a strategic partnership with Soroco, an AI company. Through this partnership with Soroco, Happiest Minds brings intelligence to automation discovery with process and task mining. Leveraging Soroco’s flagship Scout AI model, which generates a work graph (a map of hidden pain points teams face and their impact on business outcomes), and their combined expertise in graph technology and digital automation solutions, the partnership aims to help organisations solve complex business problems, make data-driven decisions, improve operational efficiency and cost savings, and ultimately discover, monitor, and improve their operational processes.

Company profile

Happiest Minds Technologies is a Mindful IT Company, that enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights. The company leverages its spectrum of disruptive technologies such as artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/ augmented reality, etc. The company delivers its services across industry sectors such as automotive, BFSI, consumer packaged goods, e-commerce, EdTech, engineering R&D, healthcare, hi-tech, manufacturing, retail, and travel/transportation/hospitality.

Stock price movement

On Thursday, Happiest Minds Technologies shares closed at Rs 836.20, up by 1.06% from its previous closing of Rs 827.45 on the BSE. Today, the stock opened at Rs 829.95 and has touched a high and low of Rs 851.40 and Rs 828.70 respectively. The BSE group ‘A’ stock of face value Rs 2 has a 52-week high and low of Rs 1022.30 and Rs 763.50, respectively. Last one week high and low of the scrip stood at Rs 859.10 and Rs 815.00 respectively. The current market cap of the company is Rs. 12,733.22 crore.

The promoters holding in the company stood at 50.24%, while Institutions and Non-Institutions held 7.46% and 42.30% respectively.

Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.