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Record Date For Dividend Set: Small Cap IT Stock Trading 16% Below From 52-Week High

Small cap stock operating in IT Software sector, Happiest Minds Technologies Ltd fixed July 7, 2023 as the record date for dividend for financial year 2023. The stock is currently trading at a discount of 16% from its 52-week high price of Rs 1136.45 apiece. Happiest Minds Technologies shares offered 19% returns in last 3-months. Check details below:

Happiest Minds Technologies Sets Record Date For Dividend: According to the BSE filing of the company, "In continuation to our letter dated June 23, 2023 and pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, please be informed that the Record date for payment of final dividend is fixed on July 07, 2023."

Record Date For Dividend Set: Small Cap IT Stock Drops 16% From 52-Week High

Earlier this year on May 8, board of directors of Happiest Minds Technologies recommended a final dividend of Rs.3.40/- per equity share of Rs.2/- each for the financial year ended March 31, 2023, subject to the approval of the members at the ensuing 12th Annual General Meeting of the Company (AGM).

Happiest Minds Technologies Stock Outlook, Return, And Financial Performance: Last trading price of the small cap IT Software stock is Rs 956.25 per share on BSE as of June 23, 2023. Its 52-week high price is quoted at Rs 1136.45 per share and 52-week low price is quoted at Rs 763.50 apiece, respectively. It has a market capitalisation of Rs 14,037.22 crore. Happiest Minds Technologies shares offered return of 13% in last 6-months, 13% again in last 1-year, and 5% in last 2-years.

The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 386.43 crore, up 3.14% from preceding quarter total income of Rs 374.68 crore. It declared its net profit after tax at Rs 57.66 crore in latest quarter.

Happiest Minds Technologies About: It is an IT Company that enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights. It came into existence in 2011.

Disclaimer: The small cap stock declared record date for dividend. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.

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