A reality check on Happiest Minds’s dizzying debut

There are reasons aplenty on why investors need to be cautious about a stock that has defied all logic.

23 September, 202014 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

Wakefit built a Rs 1,000-crore mattress brand. Now it wants to do a full-stack

A pioneer in the online D2C mattress market, the startup is eyeing the public markets on the strength of its expanded home and furnishings presence. Will its next decade be as good as the one behind it?

Business
Story image

Several issues are muddying the waters for Kent’s IPO

The popular appliance maker’s DRHP throws up multiple red flags, including large-scale slippages in business performance, that detract from its appeal. Should it then even go public?

Internet
Story image

Peak XV Partners should win the record outcome test with Pine Labs

Finally, this question will be answered. Who has returned the most amount of capital on any venture investment in India in the last two decades?