Happiest Minds Technologies, bull case fair value of the stock is Rs 722
HDFC Securities says that Happiest Minds derived 96.6% of its Q3FY21 revenues from digital technologies, with strengths in cloud and Enterprise SaaS (Software-as-a-Service) space. Segment-wise, Product Engineering Services (PES) contribute 50% of revenue, followed by Digital Business Services (DBS) 24.5%, Infrastructure Management & Security Services (IIMS) 21.5% and the residual is attributed to Others
HDFC Securities highlights that digital technology has become an important aspect for businesses and clients are looking to use emerging technologies such as cloud, analytics, and automation: Reuters