Breaking barriers! Piramal Pharma, Happiest Minds, 3 other counters cross 200-day SMA
The crossing of the 200-day Simple Moving Average (SMA) can often signal significant shifts in stock price trajectories.
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The crossing of the 200-day Simple Moving Average (SMA) can often signal significant shifts in stock price trajectories.
The proceeds will be used for funding working capital requirements, investments in subsidiaries, funding inorganic growth and other general corporate purposes. Venkatraman Narayanan, MD and CFO of Happiest Minds Technologies described the capital raise as a key step towards the company's strategy to drive business growth and success in the coming years.
The share touched a 52-week high of Rs 1,136.45 and a 52-week low of Rs 763.50 on 19 August, 2022 and 29 March, 2023, respectively.
Happiest Minds QIP: This was the first-ever equity capital raise by Happiest Minds Technologies after its successful IPO in 2020. The capital raise garnered a strong response from institutional investors, the company claimed.
The global Cybersecurity-as-a-Service market is projected to reach $46.6 billion by 2030, at a CAGR of 17.5% during the forecast period of 2023-2030.