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The Economic Times
The Economic Times
Kumar Gaurav

Happiest Minds Technologies shares fall 6% as reports suggest ITC Infotech may buy promoter stake

Happiest Minds Technologies ITC Infotech Happiest Minds Ashok Soota ET BSE EQT NSE Partners Group

Shares of software and consulting firm Happiest Minds Technologies came under pressure and settled over 6% lower on Thursday, August 27, following reports that ITC Infotech may acquire a stake held by the company's promoter.

The stock settled at Rs 420.25 apiece, down 6.16% from its previous close of Rs 447.85 on the NSE. During Thursday's trade, a combined 48.12 lakh equity shares worth Rs 207.66 crore changed hands on the NSE and BSE. The stock has declined 7.93% so far this year and is down 27.82% over the past year.

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