The table below shows the Nifty MidSmall IT and Telecom Stock List with highest market cap.
| Name | Market Cap ( Cr ) | Close Price |
| Vodafone Idea Ltd | 69855.54 | 14.35 |
| Oracle Financial Services Software Ltd | 67038.60 | 7735.45 |
| Persistent Systems Ltd | 62602.65 | 8248.35 |
| Tata Communications Ltd | 56838.98 | 1994.35 |
| L&T Technology Services Ltd | 55654.98 | 5262.85 |
| Mphasis Ltd | 48068.19 | 2544.20 |
| Tata Elxsi Ltd | 47719.01 | 7662.45 |
| KPIT Technologies Ltd | 40489.65 | 1493.35 |
| Coforge Ltd | 39035.59 | 6316.45 |
| Sonata Software Ltd | 22833.09 | 822.70 |
Content:
- Nifty Midsmall It & Telecom Weightage
- Introduction to Nifty MidSmall IT & Telecom
- Nifty MidSmall IT & Telecom – FAQ
Nifty Midsmall It & Telecom Weightage
The following table illustrates the Nifty Midsmall It & Telecom stocks arranged by weightage in descending order.
| Name | Weightage ( % ) |
| Persistent Systems Ltd. | 13.29 |
| Coforge Ltd. | 11.95 |
| Tata Elxsi Ltd. | 8.14 |
| KPIT Technologies Ltd. | 7.59 |
| Tata Communications Ltd. | 6.71 |
| MphasiS Ltd. | 6.49 |
| Oracle Financial Services Software Ltd. | 5.36 |
| Cyient Ltd. | 5.09 |
| Sonata Software Ltd. | 4.69 |
Introduction to Nifty MidSmall IT & Telecom
Persistent Systems Ltd
The market cap of Persistent Systems Ltd is ₹62,602.65. Its one-month return percentage is -0.63, while its one-year return is 69.09. The stock is 7.90% away from its 52-week high. The weightage of the stock is 13.29%.
Persistent Systems Limited, headquartered in India, operates as a holding company, specializing in providing software products and technology services. The company’s business segments encompass Banking, Financial Services, and Insurance (BFSI), Healthcare & Life Sciences, as well as Technology Companies and Emerging Verticals.
Offering a diverse array of services, Persistent Systems caters to digital strategy and design, software product engineering, client experiences (CX) transformation, cloud & infrastructure solutions, intelligent automation, enterprise information technology (IT) security, enterprise integration, application development and management, and data and analytics.
Coforge Ltd
The market cap of Coforge Ltd is ₹39,035.59. Its one-month return percentage is -0.57, while its one-year return is 45.93. The stock is 8.41% away from its 52-week high. The weightage of the stock is 11.95%.
Coforge Limited, an IT solutions company based in India, specializes in application development and maintenance, managed services, cloud computing, and business process outsourcing. The company offers computer programming consultancy and related services.
Geographically, it operates across the Americas, Europe, Middle East, Africa (EMEA), Asia Pacific (APAC), and India. Coforge provides a range of technologies including product engineering, digital integration, artificial intelligence, cybersecurity, and more.
Tata Elxsi Ltd
The market cap of Tata Elxsi Ltd is ₹47,719.01. Its one-month return percentage is 0.43, while its one-year return is 22.84. The stock is 20.07% away from its 52-week high. The weightage of the stock is 8.14%.
Tata Elxsi Limited, headquartered in India, is a global firm specializing in design and technology services. Its business operations are divided into system integration and support, as well as software development and services.
The company excels in automotive engineering, covering advanced driver-assistance systems, autonomous driving, electrification, and connected car solutions. Leveraging design thinking and digital technologies such as IoT, cloud, mobility, virtual reality, and AI, Tata Elxsi assists clients in transforming their products and services.
KPIT Technologies Ltd
The market cap of KPIT Technologies Ltd is ₹40,489.65. Its one-month return percentage is -2.76, while its one-year return is 78.80. The stock is 18.12% away from its 52-week high. The weightage of the stock is 7.59%.
KPIT Technologies Limited, headquartered in India, specializes in providing embedded software solutions for the automotive and mobility sectors. The company offers various services catering to different aspects of vehicle technology.
These encompass autonomous driving and advanced driver assistance systems (ADAS), electric and traditional powertrain technologies, connected vehicle solutions, integrated diagnostics and aftersales transformation (iDART), AUTOSAR implementation, vehicle engineering, and design, as well as digital connected solutions.
Tata Communications Ltd
The market cap of Tata Communications Ltd is ₹56,838.98. Its one-month return percentage is 16.43, while its one-year return is 64.63. The stock is 0.99% away from its 52-week high. The weightage of the stock is 6.71%.
Tata Communications Limited, headquartered in India, serves as a global facilitator of digital ecosystems, aiding in the digital transformation of businesses worldwide. Its portfolio encompasses various segments: Voice Solutions, covering international and national long-distance voice services; Data Services, comprising core and connectivity services, digital platforms, and connected services; Payment Solutions, offering end-to-end ATM deployment, POS enablement, hosted core banking, financial inclusion, card issuance, and related managed and switching services tailored for the banking sector.
MphasiS Ltd
The market cap of Mphasis Ltd is ₹48,068.19. Its one-month return percentage is 1.59, while its one-year return is 18.97. The stock is 11.53% away from its 52-week high. The weightage of the stock is 6.49%.
Mphasis Limited, headquartered in India, offers cloud and cognitive services to assist enterprises in global business transformation through technology. The company operates across segments such as Banking and Financial Services, Logistics and Transportation, Technology Media and Telecom, Insurance, and others.
Employing its Front2Back transformation methodology, Mphasis leverages cloud and cognitive technologies to deliver personalized digital experiences for both clients and their end customers.
Oracle Financial Services Software Ltd
The market cap of Oracle Financial Services Software Ltd is ₹67,038.60. Its one-month return is 18.11, while its one-year return percentage is 139.01. The stock is 5.87% away from its 52-week high. The weightage of the stock is 5.36%.
Oracle Financial Services Software Limited, headquartered in India, specializes in providing information technology solutions and business processing services to the financial sector. The company operates through two main segments: Product licenses and related activities (Products), and information technology solutions and consulting services (Services).
Under the Product segment, it offers a range of banking software products and associated services, encompassing enhancements, implementation, and maintenance. Meanwhile, the Services segment provides comprehensive support across the entire lifecycle of applications utilized by financial institutions.
Cyient Ltd
The market cap of Cyient Ltd is ₹21,486.22. Its one-month return percentage is -3.95, while its one-year return is 104.81. The stock is 25.70% away from its 52-week high. The weightage of the stock is 5.09%.
Cyient Limited, headquartered in India, operates as a global provider of engineering and technology solutions. The company specializes in offering a wide range of services and solutions worldwide, with a focus on geospatial analysis, engineering design, information technology, and data analytics.
Additionally, Cyient is prominent in total electronics manufacturing solutions, catering to various sectors such as medical, industrial, automotive, telecommunications, defense, and aerospace.
Sonata Software Ltd
The market cap of Sonata Software Ltd is ₹22,833.09. Its one-month return percentage is 5.68, while its one-year return is 99.79. The stock is 5.75% away from its 52-week high. The weightage of the stock is 4.69%.
Sonata Software Limited, headquartered in India, is a company focused on modernization engineering. Utilizing its proprietary Platformation methodology, it delivers a range of modernization services.
These encompass cloud and data modernization, Microsoft Dynamics transformation, establishment and management of digital contact centers, managed cloud services, and digital transformation solutions.
Vodafone Idea Ltd
The market cap of Vodafone Idea Ltd is ₹69,855.54. Its one-month return percentage is 0.71, while its one-year return is 106.47. The stock is 28.22% away from its 52-week high.
Vodafone Idea Limited, headquartered in India, operates as a telecommunications service provider, offering comprehensive voice and data services nationwide across 2G, 3G, and 4G platforms.
Through its Vodafone Idea business services division, the company caters to a diverse clientele including global and domestic corporations, government entities, small and medium enterprises, and startups, providing tailored communication solutions.
Nifty MidSmall IT & Telecom – FAQ
Nifty IT, an index listed on the National Stock Exchange of India (NSE), is composed of the leading 10 Information Technology (IT) companies traded on the exchange.
The Nifty MidSmall IT & Telecom index monitors the progress of mid-cap and small-cap stocks within the information technology and telecommunication sectors. Comprising up to 20 stocks chosen from the parent Nifty MidSmallcap 400 index, selection is based on the six-month average free-float market capitalization of each stock.
Investing in Nifty MidSmall IT & Telecom can be done through exchange-traded funds (ETFs) or index funds tracking the performance of the index on stock exchanges.
Investing in Nifty MidSmall IT & Telecom can be beneficial for diversification and exposure to mid-cap and small-cap IT and telecom stocks, but research is advised.
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.
