Happiest Minds Tech share price in deep red - What's behind the stock plunge?
New Delhi, Sept. 1 -- Happiest Minds Tech share price crashed as much as 10% in morning trade on the BSE on Tuesday, 1 September, a day after the company announced a merger with ITC Infotech. Happiest Minds Tech shares opened at Rs.407.50 against its previous close of Rs.407.15 and crashed 10% to hit an intraday low of Rs.366.20.
The IT company on 31 August announced it was merging with ITC Infotech, a wholly owned subsidiary of ITC, to "create a scaled, AI-first global technology services enterprise with $1 billion revenue by FY28."
(This is a developing story. Please check back for fresh updates.)
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