Upper Circuit Penny IT Stock: Company Secures Major Health System Contracts and Expands AI-Powered EHR Services Nationwide
The stock is up by 50 per cent from its 52-week low of Rs 16.37 per share.
Healthcare Triangle, Inc. (Nasdaq: HCTI), a prominent provider of digital transformation solutions for the healthcare and life sciences sectors, announced on May 28, 2025, new multi-year strategic contract wins totalling approximately USD 1 million. These significant agreements include deals with a top-tier university medical system and the largest hospital system on the East Coast. According to Sujatha Ramesh, Chief Operating Officer of Healthcare Triangle, these wins highlight HCTI's capability to execute enterprise-scale transformations with efficiency, fostering digital maturity, operational efficacy, and cost-effective care delivery for its partners.
HCTI is also significantly expanding its AI and EHR integration services, solidifying its role as a key innovation partner for health systems across the nation. As part of its innovation roadmap, the company has introduced readabl.ai, an AI-powered SaaS product designed for medical document automation. This next-generation platform converts faxes, scanned forms, and unstructured clinical text into structured, actionable data, seamlessly integrating with Electronic Health Records (EHR) to enhance clinical decision-making and operational efficiency for existing healthcare systems.
Further demonstrating its commitment to community healthcare, HCTI is actively exploring high-impact EPIC workflow integrations specifically tailored for community health system deployments. These initiatives aim to boost clinical efficiency, streamline onboarding processes, and provide enterprise-grade performance to underserved and regional networks through scalable and cost-effective solutions. With a growing portfolio of strategic contracts, advanced AI platforms, and an expanding presence in both enterprise and community health systems,
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
SecureKloud Technologies Ltd, founded in 1985, delivers enterprise cloud transformation services. They provide digital transformation solutions including managed services, cloud enablement, cybersecurity, and AI-powered data analytics, serving Health Systems, Life Science Companies, and Enterprises. Key platforms include CloudEdge (managed cloud foundation), DataEdge (AI engineering), Neutral Zone (data collaboration), and Blockedge (blockchain management).
The company has a market cap of Rs 83.5 crore and debtor days have improved from 50.8 to 35.2 days. On Thursday, shares of SecureKloud Technologies Ltd hit a 2 per cent upper circuit to Rs 24.99 per share from its previous closing of Rs 24.50 per share. The stock is up by 50 per cent from its 52-week low of Rs 16.37 per share.
Disclaimer: The article is for informational purposes only and not investment advice.