India's Happiest Minds Technologies falls on block deals

Happiest Minds Technologies

25/06/2024 05:35

** Shares of IT firm Happiest Minds Technologies  HAPP.NS 
fall ~7% to 850 rupees
    ** Co's shares traded in 30 blocks at 838.00-849.55
rupees/share, lower than Monday's close of 917.35 rupees, as per
LSEG data 
    ** According to media reports, co's promoter and executive
chairman, Ashok Soota initiated a block deal to sell 6% stake in
co
    ** Stock set to snap a two-day winning streak, if trend
holds
    ** Including session's losses, stock down ~5.5% YTD 
    

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.das@thomsonreuters.com))