India's Happiest Minds Technologies gains on pact to buy Gavs Technologies' Mideast biz
03/02/2025 07:50
** Happiest Minds Technologies HAPP.NS rises 3.3% to
719.30 rupees
** IT consulting and services co says it would buy entire
Middle East business of Gavs Technologies for $1.7 mln
** Says acquisition will consolidate co's position within
certain existing customers and grow its presence in Middle East
** Around 842,015 shares traded, 1.4x the 30-day avg
** HAPP fell 18% in 2024
(Reporting by Vijay Malkar)
((VijayDattaram.Malkar@thomsonreuters.com;))
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Brief: ITC Says ITC Infotech India To Buy 22.106% Equity In Happiest Minds For 13.3 Bln Rupees