Happiest Minds shares climb over 17% as company raises FY27 revenue growth guidance

The stock rose as much as 17.39% to ₹399.8 apiece on the National Stock Exchange (NSE). At 2:17 pm, it was up 16.87% to ₹398 per unit.

In an exchange filing on March 10, the company increased its revenue growth expectation for FY27 to 12.5% from 10% earlier due to AI-first strategic initiatives and strong demand across sectors.

On March 26, 2025, the company announced 10 strategic initiatives, which collectively provided the foundation for setting a revenue growth expectation of 10% in constant currency over a four-year horizon. That announcement signalled the company's intention to pursue a focused, initiative-led transformation across its business.

In March last year, the company had announced 10 strategic initiatives, which cumulatively provided a foundation for establishing a revenue growth expectation of 10% in constant currency over a four-year horizon.

On February 10, 2026, the firm unveiled AI First – its 11th strategic initiative, which represents not only an addition to the existing framework but a strategic elevation: AI First reorients the IT firm's entire operating model, service delivery architecture, and client engagement philosophy around the primacy of artificial intelligence as a value-creation mechanism.

Here's what Happiest Minds management said

Ashok Soota, Chairman and Chief Mentor, Happiest Minds, said, "Happiest Minds is witnessing an accelerated growth driven by AI and other strategic initiatives. We are leading from the front with our AI-first strategy, which is already delivering measurable results and driving client transformations at scale. With this momentum, we are strongly positioned for sustained leadership in the AI-driven future of IT services."

Joseph Anantharaju, the company's co-chairman and CEO, said that it is witnessing all-round growth led by rapid acceleration in financial services, hi-tech, healthcare and manufacturing by string adoption of AI.

"The enhanced pipeline and strong business momentum we are experiencing validates our AI-first strategy and reinforces our confidence in delivering superior outcomes for clients and stakeholders. Our solid FY27 forecast is a clear reflection of this trajectory", he added.