Happiest Minds targets $1 billion revenue by FY28.

Happiest Minds Technologies Limited HAPPSTMNDS is looking at double-digit growth in constant currency terms. Management targets US $1 billion revenue by FY28 following the ITC Infotech combination. The company expects double-digit growth in constant currency. It aims for US $1 billion revenue by FY28 after combining with ITC Infotech. The target sets a clear scale-up path for the IT services firm. Key numbers are the double-digit constant currency growth and the US $1 billion revenue target by FY28. These may support near-term interest in the stock on scale ambitions. Peers such as Persistent Systems, Coforge and LTIMindtree could face relative comparison on growth targets. Risks include integration issues after the combination. Competitors listed: Persistent Systems, Coforge, LTIMindtree. We have no financial interest in this news.