Announced Mon, 13 Jul · 16:33 IST
Happiest Minds responds to NSE query on ITC Infotech acquisition news
Strategic Transactions View source PDF
HAPPSTMNDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹407.05
prior close
₹409.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.2+0.7+1.1-0.4-5.6-6.3-6.8-5.9-7.7-9.6————
Up moveDown movePending
AI summary
Happiest Minds told NSE no disclosure is required under Regulation 30 regarding a Moneycontrol report that ITC Infotech is the frontrunner to acquire a majority stake. The company said it explores strategic opportunities as part of business strategy but cannot comment on the article's impact given freely traded shares. It will comply with disclosure rules when warranted.
Likely market impact
Neither confirms nor denies acquisition rumor; stock may stay volatile on speculation until any formal disclosure.