Happiest Minds, founded by 77-yr-old Soota, jumps 138% on listing

Shares of Bengaluru-based IT services firm Happiest Minds Technologies jumped as much as 138% in their stock market debut on Thursday. The stock opened at a premium of 111% to its issue price. Investors had bid for nearly 151 times the number of shares offered by the company, founded by 77-year-old Chairman Ashok Soota.