Best IT Sector Stocks

March 22, 2023

Best IT Sector Stocks – Can Tech Stocks Make You Rich?

The below table shows the best IT sector stocks in India based on the highest market capitalization.

SL No.Stock NameMarket Cap (₹ Crores)Close Price (₹)
1Tata Consultancy Services Ltd11,38,605.313,111.75
2Infosys Ltd6,24,979.661,489.95
3HCL Technologies Ltd2,69,272.54994.60
4Wipro Ltd2,05,332.21375.10
5Tech Mahindra Ltd99,578.541,023.25
6Larsen & Toubro Infotech Ltd81,406.944,641.85
7MindTree Ltd54,916.783,331.25
8Mphasis Ltd39,527.602,100.95
9Coforge Ltd22,941.713,763.10
10KPIT Technologies Ltd18,235.85674.50

The world was going digital at a fast pace. Then it got hit by a pandemic that brought almost everything to be on digital platforms at once, from classrooms, workplaces, entertainment to modern-day relationships. For these services to stay uninterrupted, IT sector companies are working continuously.

We have carefully curated the lists of the best IT sector stocks to save you from extensive research and data collection.

This article will help you understand the rankings of IT sector companies on various scales. So, let’s take you to the topic straight away.

Content:

Best IT Stocks in India – Highest Dividend

The below tabular form is the list of best IT stocks in India regarding dividend payouts in the past year.

StockMarket Cap (Crore)Dividend Per Share (₹)
Aurum Proptech Ltd325.66974
Oracle Financial Services Software Ltd29,228.93200
Honeywell Automation India Ltd36,206.8885
Mphasis Ltd58,366.2465
Accelya Solutions India Ltd1,354.0452
Tata Elxsi Ltd40,055.2748
Tech Mahindra Ltd1,36,934.9645
Larsen & Toubro Infotech Ltd1,02,521.1640
Tata Consultancy Services Ltd13,14,716.8438
Infosys Ltd7,19,090.1127
  1. Aurum Proptech Ltd

Also known as Majesco Ltd which was formerly Minefields Computers Private Limited, incorporated in 2013; it is one of the best IT stocks in India in terms of dividend payouts. Although being a Small-Cap IT stock, the company pays a very high dividend per share, which can take the ROI to an exceptional level. This is undoubtedly one of the best stocks in India.

The Market Capitalization of this stock is reported at ₹325.66 Crores. The closing price of the stock is ₹113.75 with an all-time high of ₹1,009.90 and an all-time low of ₹12.20.

  1. Oracle Financial Services Software Ltd

Oracle Financial Services Software Limited is a provider of financial services industry-specific information technology solutions. The Company’s banking offerings are geared for corporate, retail, investment banking, and treasury activities.

The Market Capitalization of this stock is reported at ₹29,228.93 Crores. The closing price of the stock is ₹3,389.55 with an all-time high of ₹5,145.00 and an all-time low of ₹175.95.

  1. Honeywell Automation India Ltd

Honeywell Automation India Limited is a manufacturer of electronic systems and components, as well as a repair and maintenance company, as well as a distributor of machinery, equipment, and supplies. The Automation & Control Systems section of the company operates.

The Market Capitalization of this stock is reported at ₹36,206.88 Crores. The closing price of the stock is ₹40,950.95 with an all-time high of ₹49,990.00 and an all-time low of ₹90.00.

  1. Mphasis Ltd

Mphasis Limited was the TATA group owns formed in 2000 after the merger with a US-based IT consulting company, Mphasis corporation. The company is an IT service provider based in Bangalore, India. It has numerous acquisitions and mergers under its kitty. Mphasis has more than 60 offices across 19 countries. It is one of the Large-Cap IT sector stocks which gives a promising dividend per share. All the above-mentioned factors make it one of the best IT stocks in India.

The Market Capitalization of this stock is reported at ₹58,366.24 Crores. The closing price of the stock is ₹3,108.70 with an all-time high of ₹3,659.75 and an all-time low of ₹6.50.

  1. Accelya Solutions India Ltd

Accelya Kale Solutions Limited is a software development company focused on the aviation and travel industries. Additionally, the Company provides complementary services such as computer programming, consulting, and other related operations.

The Market Capitalization of this stock is reported at ₹1,354.04 Crores. The closing price of the stock is ₹907.15 with an all-time high of ₹1,890.00 and an all-time low of ₹16.35.

  1. Tata Elxsi Ltd

Tata Elxsi Limited is a computer hardware and software design and development company. The business is divided into two segments: system integration and support and software development and services.

The Market Capitalization of this stock is reported at ₹40,055.27 Crores. The closing price of the stock is ₹6,431.85 with an all-time high of ₹7,964.40 and an all-time low of ₹14.55.

  1. Tech Mahindra Ltd

Tech Mahindra was incorporated in 1986 with a joint venture between Mahindra & Mahindra and British Telecom. It is an Indian Multinational IT company providing IT & BPO services. Again Tech Mahindra has a lot of mergers and acquisitions under its name. It is one of the Large-Cap IT sector companies that give timely dividends to its investors, making it one of the top IT sector companies.

The Market Capitalization of this stock is reported at ₹1,36,934.96 Crores. The closing price of the stock is ₹1,410.00 with an all-time high of ₹1,838.00 and an all-time low of ₹51.25.

  1. Larsen & Toubro Infotech Ltd

Established in 1997, Larsen & Toubro Infotech Ltd is a multinational technology and digital solutions company. LTI operates in 31 countries with over 400 clients. It has got tons of subsidiaries and acquisitions. LTI is one of the Large-Cap IT sector stocks that gives a good dividend per share. This certainly makes it one of the best technology stocks in India.

The Market Capitalization of this stock is reported at ₹1,02,521.16 Crores. The closing price of the stock is ₹5,849.80 with an all-time high of ₹7,588.80 and an all-time low of ₹598.00.

  1. Tata Consultancy Services Ltd

Pick up any IT background Engineering student; TCS is one of the top companies they aspire to work for. An Indian Multinational IT company that the TATA group owns. TCS is also the second-largest Indian company in terms of Market Capitalization. It was incorporated in 1968 and grew stronger since then. One of the largest IT sector companies, TCS pays a reasonably good dividend per share, and so it is considered one of the top IT stocks in India.

The Market Capitalization of this stock is reported at ₹13,14,716.84 Crores. The closing price of the stock is ₹3,554.20 with an all-time high of ₹4,043.00 and an all-time low of ₹102.25.

  1. Infosys Ltd

Infosys Ltd was incorporated in 1981 and is now a global IT services and consulting company. They have started their journey from the capital of USD250 to now a USD79.7 Billion company. Infosys is one of the top IT companies to work in. Infosys comes just after TCS in terms of revenue figures. It is a Large-Cap IT sector stock that gives a pretty decent dividend per share to the investor, making it one of the best IT shares to buy in India. 

The Market Capitalization of this stock is reported at ₹7,19,090.11 Crores. The closing price of the stock is ₹1,715.60 with an all-time high of ₹1,953.90 and an all-time low of ₹32.61.

If you are wondering about dividends and their payout methods, you may click here to get a brighter idea of the same.

Looking for the Best Stocks in different sectors? Check out the following articles:

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Best Auto Sector Stocks in India
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Now, let’s go on to our next section, where we have made a different list for your consideration.

IT Sector Stocks – Small Cap IT Stocks

IT is a vast sector and has many companies to look for. The list below is the top IT Sector Stocks in Small-Cap Market Size.

Small-Cap IT Stocks are those stocks whose market capitalization is below ₹.20,000 Crores for those who don’t know.

StockMarket Cap (Crore)
KPIT Technologies Ltd15,341.76
Happiest Minds Technologies Ltd13,927.61
Redington (India) Ltd11,975.82
Birlasoft Ltd11,393.66
Route Mobile Ltd9,349.51
Cyient Ltd9,007.43
Intellect Design Arena Ltd8,729.10
Firstsource Solutions Ltd8,648.40
Mastek Ltd8,419.74
Latent View Analytics Ltd8,103.46

IT Sector Companies- Mid Cap IT Stocks

A Mid-Cap IT Sector Stock is a stock whose market capitalization is between ₹.20,000 Crores to ₹.50,000 Crores. 

The list below displays the best IT Sector Stocks in the Mid-Cap segment that can be considered for investment. 

StockMarket Cap (Crore)
Tata Elxsi Ltd40,055.27
Honeywell Automation India Ltd36,206.88
Persistent Systems Ltd30,096.61
Oracle Financial Services Software Ltd29,228.93
Coforge Ltd27,622.62
Tanla Platforms Ltd21,255.71

Read about the mid cap stocks in India.

IT Sector Stocks – Large Cap IT Stocks

The below table is the list of the top IT Sector Stocks in the country. They all have Large-Cap market value and are very promising in terms of the ROI.

Large-Cap IT Sector Stocks are stocks whose market capitalization is above ₹.50,000 Crores. 

StockMarket Cap (Crore)
Tata Consultancy Services Ltd13,14,716.84
Infosys Ltd7,19,090.11
HCL Technologies Ltd3,05,816.49
Wipro Ltd3,03,695.04
Tech Mahindra Ltd1,36,934.96
Larsen & Toubro Infotech Ltd1,02,521.16
MindTree Ltd63,973.28
Mphasis Ltd58,366.24
Bharat Electronics Ltd51,278.10
L&T Technology Services Ltd47,818.31

Read about the large caps stocks in India. 

IT Companies Listed on NSE

Now, this list below is bonus information for you. These are the IT companies listed in NSE (National Stock Exchange). You may find the NSE price of each stock given in the list.

StockNSE PRICE(₹)
Coforge Ltd.4,506.15
HCL Technologies Ltd.1,113.70
Infosys Ltd.1,701.45
L&T Technology Services Ltd.4,523.45
Larsen & Toubro Infotech Ltd.5,828.00
MindTree Ltd.3,899.35
MphasiS Ltd.3,129.15
Tata Consultancy Services Ltd.3,526.45
Tech Mahindra Ltd.1,388.85
Wipro Ltd.555.6

Learn more about NSE

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Large Cap Stocks
Shares below 100
Best Index Funds in India
Shares below 1
Top 10 FMCG Companies in India
Footwear Stocks
Monopoly Stocks
Chemical Stocks in India
Tobacco Stocks in India
EV Stocks in India
Logistic Stocks India
Jewelry Stocks
Best Cement Stocks
Railway Stocks
Liquor Stocks In India
Aviation Stocks in India

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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