Best IT Sector Stocks

September 7, 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.

IT StocksMarket CapClose Price
Tata Consultancy Services Ltd12,55,018.033,429.90
Infosys Ltd6,11,460.341,477.45
HCL Technologies Ltd3,34,602.941,235.85
Wipro Ltd2,23,776.43429.3
LTIMindtree Ltd1,59,989.115,407.25
Tech Mahindra Ltd1,21,765.501,248.95
Bharat Electronics Ltd1,01,094.24138.3
L&T Technology Services Ltd48,737.974,611.70
Mphasis Ltd46,564.852,475.75
Tata Elxsi Ltd45,811.797,356.20

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.


Best IT Stocks in India – 1Y Return

The below tabular form is the list of best IT stocks in India based on 1Y Return.

IT StocksMarket CapClose Price1 Year Return
Shilchar Technologies Ltd621.971,631.00467.35
Munoth Communication Ltd13.8214.32406.01
Magellanic Cloud Ltd4,649.45397.8405.06
Blue Cloud Softech Solutions Ltd392.0167.47392.84
Affordable Robotic & Automation Ltd749.37736.15346.83
Archana Software Ltd37.5512.67322.33
Avantel Ltd1,995.62246.1301.4
Zen Technologies Ltd6,961.19833.05299.93
NINtec Systems Ltd662.42349.2295.32
Virgo Global Ltd7.276.92288.76

Shilchar Technologies Ltd

Shilchar Technologies Limited is an Indian company specializing in the manufacturing of distribution and power transformers, as well as electronics and telecommunication transformers. In addition, they manufacture transformers for the renewable energy sector, catering to solar and windmill applications. Their expertise extends to customizing transformers based on specific customer requirements, including insulation, shielding, mounting, and impregnation techniques.

Munoth Communication Ltd

Munoth Communication Limited (MCL) is a well-established company listed on the Bombay Stock Exchange since 1984. The company has extensive experience in mobile handset distribution and has been active in the telecom industry since 2003. It boasts a diverse shareholder base that includes NRI’s, foreign nationals, and banks.

Magellanic Cloud Ltd

Magellanic Cloud Limited is an India-based IT company specializing in software development, digital transformation, and DevOps. They focus on enhancing efficiency through tools and processes, offering services like cloud migration, application delivery, and IT staffing. With a global customer base, they also engage in digital transformation projects including IoT, change management, and drone-based inspection solutions.

Blue Cloud Softech Solutions Ltd

Blue Cloud Softech Solutions Limited is a software development company providing customized solutions, IT services, and data processing. They offer services such as software design, development, networking, and technical support. Their expertise spans various domains including back-office operations, call centers, content development, and more.

Affordable Robotic & Automation Ltd

Affordable Robotic & Automation Limited is an Indian company specializing in turnkey automation solutions for industrial needs. They offer a wide range of automation services and products, including line automation, robotic inspection stations, welding cells, and parking solutions. Their expertise lies in designing customized solutions and streamlining operations to meet client requirements in various industries.

Archana Software Ltd

This company specializes in providing offshore technology services, meeting global businesses’ needs for cost efficiency and customized solutions. With India as a leading destination for IT, ITES, BPO, and R&D services, they aim to adapt their organization for growth while emphasizing technology at the core of their IT Services business.

Avantel Ltd

Avantel Limited is an Indian company specializing in telecom product manufacturing and customer support services. Their core segments include communications, signal processing products, and healthcare services. They have an in-house R&D facility and offer advanced solutions for wireless communication and satellite services.

Zen Technologies Ltd

Zen Technologies Limited is an Indian company specializing in defense training systems. They create advanced simulators and sensor-based technologies for military training, including land-based and driving simulators, live range equipment, and anti-drone systems. Their cutting-edge Anti-Drone System (ZADS) detects, classifies, tracks, and neutralizes drone threats, while their live ranges offer various training scenarios for military personnel.

NINtec Systems Ltd

NINtec Systems Limited is an Indian IT services company specializing in software development and digital transformation. They offer expertise in business analytics, cloud services, application engineering, and testing, providing solutions to global enterprises in diverse industries.

Virgo Global Ltd

Virgo Global Media Limited, originally named Online Media Solutions Ltd, was founded in 1999. Headquartered in Hyderabad, India, the company functions as an internet service provider within the country.

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:

Best Banking Stocks in India
Best Blue Chip Stocks in India
Top 10 FMCG Companies in India
Top Pharma Companies in India
Agricultural Stocks in India
Best Auto Sector Stocks in India
Best Renewable Energy Stocks in India
Best Insurance Stocks to buy in India 2023
Best Hotel Stocks in India
Fertilizer Stocks in India
Metal Stocks

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.

Small-Cap IT StocksMarket Cap
Cyient Ltd20,174.17
Sonata Software Ltd15,283.97
Birlasoft Ltd14,275.01
Tanla Platforms Ltd13,878.90
Happiest Minds Technologies Ltd13,698.43
Redington (India) Ltd12,886.09
Zensar Technologies Ltd12,400.32
Bls International Services Ltd12,116.32
Firstsource Solutions Ltd11,477.46
Intellect Design Arena Ltd9,997.04

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. 

Mid-cap IT StocksMarket Cap
L&T Technology Services Ltd48,737.97
Mphasis Ltd46,564.85
Tata Elxsi Ltd45,811.79
Persistent Systems Ltd44,725.45
Oracle Financial Services Software Ltd36,406.41
Honeywell Automation India Ltd34,613.59
Coforge Ltd34,384.51
KPIT Technologies Ltd31,591.46

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. 

Large-Cap IT StocksMarket Cap
Tata Consultancy Services Ltd12,55,018.03
Infosys Ltd6,11,460.34
HCL Technologies Ltd3,34,602.94
Wipro Ltd2,23,776.43
LTIMindtree Ltd1,59,989.11
Tech Mahindra Ltd1,21,765.50
Bharat Electronics Ltd1,01,094.24

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.

Tata Consultancy Services Ltd3,458.00
Infosys Ltd1,467.30
HCL Technologies Ltd1,255.00
Wipro Ltd433.2
LTIMindtree Ltd5,480.00
Tech Mahindra Ltd1,269.00

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
Battery 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.

Click the link to access the web story now: Best IT Stocks in India

Leave a Reply

Your email address will not be published.

Blog Categories
Kick start your Trading and Investment Journey Today!
Related Posts
Most Expensive Share in India

Most Expensive Share in India

MRF Ltd, or Madras Rubber Factory Ltd, is the most expensive share in India, with a price of ₹ 1,09,719.60. When MRF had its IPO