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
Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order
Eternal shares surged 3% after Zomato increased its platform fee by Rs 2.40 per order, bringing it in line with rival Swiggy. This move follows