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However, on a sequential basis, the net profit dropped by 32 percent due to a one-time credit for the deferred taxes in the first quarter. Total revenue witnessed a rise of 3.4% to Rs 187.91 crore in the second quarter versus Rs 180.68 crore in the previous quarter.
Happiest Minds Technologies has scheduled its Board Meeting on November 4 to approve Q2 FY2021 results.
Happiest Minds Technologies Ltd Rs 702 crore IPO lists at Rs. 350 on the NSE. It witnessed a 110.84% rise in its first trading day. On the BSE, it listed at Rs 351, a rally of 111%.
The public issue of Happiest Mind Technologies seen a 1.65 times subscription on its first day, Monday. It received bids for 3.84 crore equity shares against IPO size of over 2.32 crore shares, as per the data available on exchanges.
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