Top Idea Pick! KR Choksey Picked Midcap IT Stock To Buy For 36% Gains
KR Choksey is a leading Internet Software & Services sector midcap cap stock having a market capitalisation of Rs 12,539.94 crore.
The stock of HAPPSTMN is Rs 853.85 apiece on NSE. It is currently trading 8 .69% up from its 52 week low of Rs 785.55 apiece is.
Its 52- week high Rs 1,224.45 apiece. The stock was listed on 17 September 2020, according to NSE.
Since its date of listing it has gained 130 .18%. However, it has fallen 0 .85% in 1 week and gained 1 .7% in 1 month.
Buy for a target price of Rs 1,159 apiece
Happiest Minds is currently trading at a valuation with a P/E multiple of 51.8 x / 46 .1 x on FY 2 3 E/ FY 24 E earnings.
We maintain our target price to INR 1,159 based on a P/E multiple of 63 x to the FY 24 estimated EPS of INR 18.4.
About - Happiest Minds Technologies Ltd.
Happiest Minds Technologies Ltd.
( HAPPSTMN) is a technology service provider to clients focused on digital transformation, Edutech, Industrial, BFSI, Hi- Tech, Engineering R&D, Manufacturing, Travel and Media & Entertainment.
The stock has been picked from the brokerage report of KR Choksey.
Greynium Information Technologies, the Author, and the respective Brokerage house are not liable for any losses caused as a result of decisions based on the article. advises users to consult with certified experts before making any investment decision.
By Shubham Kumar Goodreturns source: Dailyhunt