Happiest Minds aims to achieve $1 billion in revenue by 2031, according to Nirmal Bang.
Basis consensus expectations, Happiest Minds trades at a reasonable valuation of 35x/28x on FY26E/FY27E EPS of Rs 21/Rs 26, respectively, says Nirmal Bang.
The company has been successful in increasing average revenue per active client, which contributes to a positive outlook.
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