IT stocks only sectoral loser in Q2. Time to bottom-fish?

Analysts said valuations have now turned favourable for long-term investors as the underlying strong positioning of Indian IT incumbents is undisputed in the global IT landscape, with strong execution capabilities and extensive range of offerings.

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6 penny stocks soared 20-60% in a week

Our selection criteria focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume