ICICI Direct has identified two IT stocks that it believes will weather the current macroeconomic headwinds and deliver industry-leading growth in FY24. Persistent Systems and Happiest Minds are both expected to benefit from the digital transformation of enterprises, with Persistent Systems crossing the $1 billion-revenue threshold in FY23 and Happiest Minds being given a target price of Rs 1,038 by the brokerage. Despite the broader macro concern that discretionary digital spend is getting postponed
These 7 penny stocks rally 10-30% in a week
In the week ending May 23, the benchmark Sensex fell by approximately 0.74%. However, despite the overall market downturn, seven penny stocks posted weekly gains
May 25, 2025