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Morgan Stanley Investment Funds divests shares of Happiest Minds Technologies worth Rs 105 crore

21 Jun 2022 Evaluate

Morgan Stanley Investment Funds has divested shares of Happiest Minds Technologies for Rs 105 crore through an open market transaction. According to the bulk deal data available with BSE, Morgan Stanley Investment Funds Emerging Leaders Equity Fund sold 13,14,055 shares, amounting to 0.9 per cent stake in the company. The shares were disposed of at an average price of Rs 800 apiece, valuing the transaction to Rs 105.12 crore.

Happiest Minds Technologies provides IT services. The Company offers big data analytics, cloud computing, networking, engineering, digital solutions, infrastructure, and other related activities. Happiest Minds Technologies serves customers worldwide.

Peers
Company Name CMP
TCS 2295.90
Infosys 1075.60
HCL Technologies 1268.40
Wipro 170.35
Tech Mahindra 1588.95
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