The below table shows Mid Cap IT Services Stocks based on the Highest Market Capitalization.
Company Name | Market Cap (₹ Cr) | Close Price (₹) |
Persistent Systems Ltd | 72698.28 | 4705.5 |
Oracle Financial Services Software Ltd | 67718.47 | 7882.5 |
L&T Technology Services Ltd | 46100.02 | 4235.8 |
Coforge Ltd | 43243.87 | 6408 |
Mphasis Ltd | 43141.17 | 2267.1 |
Hexaware Technologies Ltd | 38755.73 | 630.3 |
KPIT Technologies Ltd | 31283.34 | 1149.2 |
Tata Elxsi Ltd | 30712.04 | 4929 |
Honeywell Automation India Ltd | 30184.96 | 34235 |
Table of Contents
What are Mid Cap IT Services Stocks?
Mid cap IT services stocks represent medium-sized companies in the information technology sector with market capitalizations typically ranging from ₹5,000 crores to ₹20,000 crores. These companies offer technology solutions and services and are positioned for potential growth with less volatility than smaller companies.
These stocks are ideal for investors looking for a balance between the rapid growth potential of small caps and the stability of large caps. They often have more established business models than smaller companies but still maintain enough agility to adapt to industry changes quickly.
Investing in mid-cap IT services allows for potential significant returns due to innovative products and expanding market presence. These companies might also be more responsive to technological trends, positioning them well for future growth as they evolve within the tech sector.
Best Mid Cap IT Services Stocks
The table below shows the Best Mid Cap IT Services Stocks based on 1 Year Return.
Company Name | Close Price (₹) | 1Y Return (%) |
Coforge Ltd | 6408 | 22.99 |
Persistent Systems Ltd | 4705.5 | 21.96 |
Oracle Financial Services Software Ltd | 7882.5 | 0.31 |
Mphasis Ltd | 2267.1 | -1.77 |
Hexaware Technologies Ltd | 630.3 | -17.34 |
KPIT Technologies Ltd | 1149.2 | -18.54 |
L&T Technology Services Ltd | 4235.8 | -20.33 |
Honeywell Automation India Ltd | 34235 | -23.46 |
Tata Elxsi Ltd | 4929 | -34.54 |
Top Mid Cap IT Services Stocks
The table below shows Top Mid Cap IT Services Stocks based on 1 Month Return.
Company Name | Close Price (₹) | 1M Return (%) |
Oracle Financial Services Software Ltd | 7882.5 | 5.64 |
Mphasis Ltd | 2267.1 | 2.79 |
Honeywell Automation India Ltd | 34235 | -0.15 |
L&T Technology Services Ltd | 4235.8 | -0.58 |
KPIT Technologies Ltd | 1149.2 | -5.61 |
Tata Elxsi Ltd | 4929 | -6.52 |
Persistent Systems Ltd | 4705.5 | -7.33 |
Coforge Ltd | 6408 | -11.3 |
Hexaware Technologies Ltd | 630.3 | -14.29 |
List Of Best Mid Cap IT Services Stocks
The table below shows a List Of Best Mid Cap IT Services Stocks based on the highest day Volume.
Name | Close Price (rs) | Daily Volume (Shares) |
Hexaware Technologies Ltd | 630.3 | 1295324 |
KPIT Technologies Ltd | 1149.2 | 851404 |
Coforge Ltd | 6408 | 429283 |
Persistent Systems Ltd | 4705.5 | 388516 |
Mphasis Ltd | 2267.1 | 367113 |
Tata Elxsi Ltd | 4929 | 331964 |
Oracle Financial Services Software Ltd | 7882.5 | 114719 |
L&T Technology Services Ltd | 4235.8 | 106701 |
Honeywell Automation India Ltd | 34235 | 2072 |
Best Mid Cap IT Services Stocks
The table below shows the Best Mid Cap IT Services Stocks based on the PE Ratio.
Name | Close Price (rs) | PE Ratio (%) |
Mphasis Ltd | 2267.1 | 29.59 |
Hexaware Technologies Ltd | 630.3 | 32.6 |
Oracle Financial Services Software Ltd | 7882.5 | 34.64 |
L&T Technology Services Ltd | 4235.8 | 34.64 |
Tata Elxsi Ltd | 4929 | 37.7 |
Honeywell Automation India Ltd | 34235 | 56.93 |
Coforge Ltd | 6408 | 61.97 |
Persistent Systems Ltd | 4705.5 | 71.66 |
KPIT Technologies Ltd | 1149.2 | 72.21 |
Who Should Invest In Mid Cap IT Services Stocks?
Investors seeking a balance between growth and stability should consider mid-cap IT services stocks. Ideal for those looking to diversify their portfolios, these stocks typically offer less volatility than small caps while maintaining considerable growth potential compared to large caps.
Investors in mid-cap IT services stocks are usually those who are comfortable with moderate risk and are looking for growth opportunities in the technology sector. These stocks can provide substantial returns, making them suitable for individuals with a medium-term investment horizon.
Such investments are particularly attractive to those who can actively manage and monitor their portfolios. Knowledgeable investors who understand market dynamics and can respond to changes in the technology landscape will find mid-cap IT stocks a rewarding opportunity.
How To Invest In The Mid Cap IT Services Stocks?
To invest in mid cap IT services stocks, start by identifying companies with robust growth prospects and strong market positions. Utilize a brokerage platform to facilitate your investments, and consider incorporating both technical analysis and fundamental analysis to guide your stock selections.
Begin by thoroughly researching potential companies to understand their business models, market trends, and financial health. Assess their competitive advantages and the scalability of their services. This initial due diligence will help ensure you choose companies with the potential to grow and thrive.
Next, continuously monitor your chosen stocks for performance and market changes. Regularly update your investment strategy based on their earnings reports, sector developments, and economic factors. This proactive approach will help you manage risks and capitalize on opportunities to achieve optimal returns.
Performance Metrics Of Mid Cap IT Services Stocks
Performance metrics of mid cap IT services stocks include revenue growth, earnings per share (EPS), return on equity (ROE), and profit margins. These indicators help investors gauge the financial health and growth potential of companies, aiding in making informed investment decisions in the IT sector.
Revenue growth is a critical metric, indicating how successfully a company is expanding its operations and increasing its market share. For mid cap IT companies, consistent revenue growth can signal effective management and a strong market position, attracting further investor interest.
Profit margins and ROE reflect the efficiency and profitability of a company. A high ROE indicates that a company is effectively using its equity to generate profits, while healthy profit margins suggest good cost management and pricing strategies, both crucial for long-term success in the competitive IT services market.
Benefits Of Investing In Mid Cap IT Services Stocks
The main benefits of investing in mid cap IT services stocks include their potential for significant growth, moderate volatility compared to small caps, and innovative business practices. These stocks often bridge the gap between high-risk small caps and lower-growth large caps, offering a balanced investment option.
- Growth Meets Stability: Mid-cap IT services stocks offer a sweet spot between the explosive growth of small caps and the stability of large caps. They provide an opportunity for significant returns while maintaining a lower risk profile, making them ideal for growth-oriented investors with a cautious approach.
- Innovation at its Core: These companies are often at the forefront of innovation within the IT sector. Investing in mid cap IT stocks allows access to firms that are agile enough to innovate rapidly, potentially leading to pioneering products and services that capture substantial market share.
- Favorable Risk-Reward Ratio: Mid-cap stocks generally exhibit a favorable risk-reward balance. They have passed the initial survival test of small caps but haven’t yet reached the saturation of large caps. This unique position allows them to offer substantial upside potential with moderated risk, appealing to a broad range of investors.
Challenges Of Investing In Mid Cap IT Services Stocks
The main challenges of investing in mid cap IT services stocks include higher volatility compared to large caps, less market liquidity, and greater sensitivity to economic downturns. These factors can lead to more pronounced price fluctuations and risk, demanding diligent management and monitoring by investors.
- Volatility Ventures: Mid-cap IT services stocks tend to be more volatile than their larger counterparts. This increased volatility can lead to significant price swings, which might provide high returns but also pose greater risks, requiring investors to be vigilant and proactive in their investment strategy.
- Liquidity Labyrinth: These stocks often suffer from lower liquidity compared to large caps. This can make buying and selling shares at desired prices more challenging, especially during market downturns or when large transactions are involved, potentially impacting investment flexibility.
- Economic Exposure: Mid-cap stocks are typically more exposed to economic fluctuations. Their performance can be significantly affected by downturns or changes in market sentiment, as they may not have the financial robustness of larger firms to weather adverse conditions, leading to higher financial risk during economic instability.
Introduction to Mid Cap IT Services Stocks
Persistent Systems Ltd
The Market Cap of Persistent Systems Ltd is Rs. 72,698.28 crores. The stock’s monthly return is -7.33%, while its one-year return is 21.96%. The stock is 45.59% away from its 52-week high.
Persistent Systems Ltd is a leading provider of software and technology services, offering a range of solutions across various industries, including healthcare, banking, and telecommunications. The company has seen a drop in its stock performance over the past month, reflecting broader market trends, but it has posted a positive return in the past year. Persistent’s expertise in digital transformation and product engineering has enabled it to establish a strong foothold in the global market.
The company focuses on helping businesses achieve greater agility, reduce operational costs, and improve customer engagement through its innovative tech solutions. As industries continue to evolve with a digital-first approach, Persistent Systems is well-positioned to capitalize on the growing demand for technology services. Its diverse portfolio and long-term growth prospects make it a reliable player in the tech sector.
Oracle Financial Services Software Ltd
The Market Cap of Oracle Financial Services Software Ltd is Rs. 67,718.47 crores. The stock’s monthly return is 5.64%, while its one-year return is 0.31%. The stock is 12.25% away from its 52-week high.
Oracle Financial Services Software Ltd is a prominent provider of technology solutions for the global financial services industry. The company offers a suite of products that help banks and financial institutions streamline their operations, mitigate risk, and improve compliance. Despite a modest one-year return, Oracle Financial Services Software has managed to show resilience in its monthly performance, thanks to its strong portfolio of banking and financial products.
The company’s services are essential in a rapidly evolving financial landscape, where the demand for digital banking solutions is increasing. Oracle’s strategic focus on innovation and expanding its offerings in the fintech sector positions it for continued growth. By leveraging its deep expertise in the industry, Oracle Financial Services Software is well-placed to continue supporting financial institutions in navigating complex regulatory environments and driving operational efficiencies.
L&T Technology Services Ltd
The Market Cap of L&T Technology Services Ltd is Rs. 46,100.02 crores. The stock’s monthly return is -0.58%, while its one-year return is -20.33%. The stock is 6.80% away from its 52-week high.
L&T Technology Services Ltd is a leading global engineering services provider, offering a wide range of solutions in areas like digital transformation, product engineering, and technology consulting. The company has experienced a decline in its stock price over the past year but continues to maintain a strong presence in the global engineering services market. L&T Technology Services serves clients across various sectors, including automotive, aerospace, and telecommunications.
The company’s focus on leveraging digital technologies such as AI, IoT, and cloud computing has positioned it as a leader in helping clients navigate technological disruptions. Despite the challenges in the past year, L&T Technology Services remains committed to delivering innovative solutions and expanding its client base, ensuring long-term sustainability in an increasingly competitive market.
Coforge Ltd
The Market Cap of Coforge Ltd is Rs. 43,243.87 crores. The stock’s monthly return is -11.30%, while its one-year return is 23.00%. The stock is 49.47% away from its 52-week high.
Coforge Ltd is a global IT services company that specializes in providing technology solutions for a variety of industries, including banking, insurance, and healthcare. The company’s stock has had a strong performance over the past year, reflecting its solid market position and ability to deliver value to its clients. However, the stock faced a significant drop in the short term. Despite this, Coforge remains a key player in the IT services market, with a strong focus on digital transformation, cloud computing, and cybersecurity.
Coforge’s growth has been driven by its ability to adapt to the changing demands of the global marketplace, especially in areas like automation, AI, and data analytics. The company’s robust portfolio of services, combined with its strategic initiatives to expand its client base, positions it well for long-term growth. Coforge is likely to continue benefiting from the increasing reliance on digital services in a post-pandemic world.
Mphasis Ltd
The Market Cap of Mphasis Ltd is Rs. 43,141.17 crores. The stock’s monthly return is 2.79%, while its one-year return is -1.77%. The stock is 10.89% away from its 52-week high.
Mphasis Ltd is an IT services company that provides application development, business process outsourcing, and digital transformation services. Despite a minor dip in its stock over the last year, Mphasis has been showing positive performance in the last month. The company has a strong presence in the global market, providing services to various sectors, including banking, insurance, and healthcare.
Mphasis focuses on delivering cutting-edge solutions that enable businesses to improve customer experiences and operational efficiency. The company’s commitment to innovation and strong industry expertise allows it to stay ahead of competitors in the technology space. With a growing demand for digital transformation services, Mphasis is well-positioned for future growth in the IT services market.
Hexaware Technologies Ltd
The Market Cap of Hexaware Technologies Ltd is Rs. 38,755.73 crores. The stock’s monthly return is -14.29%, while its one-year return is -17.34%. The stock is 6.78% away from its 52-week high.
Hexaware Technologies Ltd is a leading provider of IT and consulting services, specializing in digital transformation, cloud, and automation solutions. The company has faced some challenges in its stock performance, but it continues to maintain a strong presence in the global IT services market. Hexaware focuses on helping businesses automate processes, optimize IT systems, and enhance customer experiences.
Despite recent setbacks, Hexaware’s strong client base and focus on emerging technologies like AI and cloud computing will continue to fuel its growth. The company is well-positioned to capitalize on the growing demand for digital transformation services, ensuring its role as a competitive player in the global IT services landscape.
KPIT Technologies Ltd
The Market Cap of KPIT Technologies Ltd is Rs. 31,283.34 crores. The stock’s monthly return is -5.61%, while its one-year return is -18.54%. The stock is 12.60% away from its 52-week high.
KPIT Technologies Ltd is a global leader in providing IT solutions, primarily focusing on the automotive, manufacturing, and energy sectors. The company’s stock has faced some downward pressure over the last year but has maintained a strong foothold in the digital services market. KPIT specializes in providing solutions for embedded systems, autonomous driving, and electric vehicles, which are areas of significant growth in the tech industry.
KPIT’s ability to deliver innovative solutions for the automotive industry, combined with its deep expertise in digital technologies, positions it well for future growth. As the demand for smart, connected vehicles and green technologies continues to rise, KPIT Technologies is poised to play a major role in driving technological advancements and transforming the automotive industry.
Tata Elxsi Ltd
The Market Cap of Tata Elxsi Ltd is Rs. 30,712.04 crores. The stock’s monthly return is -6.52%, while its one-year return is -34.54%. The stock is 4.87% away from its 52-week high.
Tata Elxsi Ltd is a leading provider of design and technology services in the areas of automotive, media, communications, and healthcare. Despite challenges in its stock performance over the past year, Tata Elxsi continues to demonstrate its ability to innovate and deliver high-quality solutions. The company focuses on product engineering, digital transformation, and embedded systems, helping businesses in diverse industries stay competitive in a rapidly evolving market.
Tata Elxsi’s strong client base and commitment to R&D enable it to stay at the forefront of technological advancements. As industries continue to embrace digital transformation, Tata Elxsi is well-positioned to leverage its expertise in areas like AI, IoT, and automation to drive future growth.
Honeywell Automation India Ltd
The Market Cap of Honeywell Automation India Ltd is Rs. 30,184.96 crores. The stock’s monthly return is -0.15%, while its one-year return is -23.46%. The stock is 10.35% away from its 52-week high.
Honeywell Automation India Ltd is a leader in providing automation and control solutions to industries, including aerospace, manufacturing, and building technologies. Despite the challenges faced in the market, the company has a strong presence in the automation sector and continues to provide innovative solutions that improve operational efficiency for its clients. Honeywell’s focus on energy-efficient technologies and smart building solutions positions it well for future growth.
The company’s ongoing investment in digital transformation and its broad product portfolio in automation, safety, and security make it a key player in the industrial automation sector. As industries increasingly turn to automation solutions to optimize performance, Honeywell Automation India is poised to continue its role as a market leader in the years ahead.
Best Mid Cap IT Services Stocks – FAQs
Best Mid Cap IT Services Stocks #1: Persistent Systems Ltd
Best Mid Cap IT Services Stocks #2: Oracle Financial Services Software Ltd
Best Mid Cap IT Services Stocks #3: L&T Technology Services Ltd
Best Mid Cap IT Services Stocks #4: Coforge Ltd
Best Mid Cap IT Services Stocks #5: Mphasis Ltd
The Top Best Mid Cap IT Services Stocks based on market capitalization.
The top mid-cap IT services stocks include Coforge Ltd, Persistent Systems Ltd, Oracle Financial Services Software Ltd, Mphasis Ltd, and Hexaware Technologies Ltd. These companies are recognized for their robust market presence and innovative IT solutions, offering significant growth potential in the technology sector.
Yes, you can invest in mid-cap IT services stocks, which typically offer a balance between the high growth potential of small caps and the stability of large caps. These investments can provide good returns but require thorough research and monitoring to navigate their moderate volatility effectively.
Investing in mid-cap IT services stocks can be a wise choice if you’re looking for a blend of growth and stability. These companies often have proven business models yet still offer significant growth potential, making them attractive for investors seeking to diversify and enhance their portfolio’s performance.
To invest in mid-cap IT services stocks, start by researching companies with solid growth potential and stable financials. Open a brokerage account, preferably with a broker that provides robust market research. Invest based on your financial goals and risk tolerance, and regularly review and adjust your portfolio as needed.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
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.