Why Is Happiest Minds Share Price Rising Today? IT Stock Zooms 30% in 2 Days on Growth Outlook Revision

Happiest Minds Share Price Today: Shares of Happiest Minds Technologies Limited rallied nearly 10.24% during Wednesday's intraday trade, adding on to the gains from previous session. The IT stock has rallied nearly 30% in last two trading sessions after the company revised its growth expectations for the financial year 2026-27.

Happiest Minds shares were trading 10.24% higher at Rs 441.9 per share on BSE with a market capitalisation of Rs 6,729.02 crore at 11:14 am. The stock had touched an intraday high of Rs 454.60 per share and an intraday low of Rs 406.35 per share.

Why Happiest Minds Share Price Is Rising?

The rally in Happiest Minds shares came after the company announced its roadplan for the next financial year. The company has revised its growth expectations for FY 27 to 12.5% from the earlier 10%.

Happiest Minds Revise Growth Guidance

The IT firm received a tremendous response of its 11th strategic initiative, 'AI First Launch'. The company communicated that it was observing rapid acceptance of its initiative across the client base. The company, on Tuesday, stated that it can expand scope of its AI-First offerings and update the growth outlook.

"The Company is happy to announce a revision of its FY27 growth expectation to 12.5%, up from the earlier 10%. This reflects the company's confidence that its AI-First strategy and broader portfolio of strategic initiatives are generating measurable traction ahead of prior expectations. The Company also believes this growth will establish a solid foundation for FY28, where it aspires to achieve 15% growth," read a BSE Filing shared by Happiest Minds.

Happiest Minds is accelerating its 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," said Ashok Soota, Chairman & Chief Mentor, Happiest Minds.

Happiest Minds Share Price Trend

THe company's stock opened in green on Wednesday. The stock had touched its 52-week high mark of Rs 699.95 per share on 11 March, 2025. The stock dipped to its 52-week low of Rs 305.30 per share on 2 March, 2025. The stock has a return on equity of 11.22%. The stock value has declined nearly 38.07% in one year. However, the IT stock has delivered around 26% returns in one week, and around 30% returns in just two days.