The table below shows the Nifty MidSmall IT and Telecom Stock List with highest market cap.
| Company’s Name | Market Cap (Cr) | Close Price (₹) |
| Persistent Systems Ltd | 80,775.10 | 5,239.95 |
| Oracle Financial Services Software Ltd | 65,419.02 | 7,532.60 |
| Vodafone Idea Ltd | 52,402.49 | 7.34 |
| Coforge Ltd | 51,042.61 | 7,632.10 |
| L&T Technology Services Ltd | 49,156.34 | 4,642.75 |
| MphasiS Ltd | 43,209.98 | 2,277.85 |
| Tata Communications Ltd | 42,531.98 | 1,492.35 |
| KPIT Technologies Ltd | 34,463.82 | 1,268.90 |
| Tata Elxsi Ltd | 33,758.02 | 5,420.05 |
| Firstsource Solutions Ltd | 22,846.07 | 331.35 |
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. | 16.02 |
| Coforge Ltd. | 14.04 |
| Indus Towers Ltd. | 11.5 |
| MphasiS Ltd. | 7.28 |
| Vodafone Idea Ltd. | 5.61 |
| KPIT Technologies Ltd. | 5.59 |
| Tata Elxsi Ltd. | 5.37 |
| Oracle Financial Services Software Ltd. | 5.25 |
| Tata Communications Ltd. | 4.54 |
| L&T Technology Services Ltd. | 3.56 |
Introduction to Nifty MidSmall IT & Telecom
Persistent Systems Ltd
The Market Cap of Persistent Systems Ltd is ₹80,775.10 crore. The stock’s 1-month return is -14.12%, while its 1-year return is 27.27%. It is currently 62.12% away from its 52-week high.
Persistent Systems Ltd is a leading technology services company specializing in software product development and digital transformation solutions. The company provides cloud computing, artificial intelligence, and IoT services, making it a key player in the IT sector. With a strong focus on innovation, Persistent has built a solid reputation for delivering cutting-edge solutions to global enterprises.
The company’s strong financials and strategic partnerships have helped it maintain steady growth despite market fluctuations. Persistent Systems continues to expand its service offerings across various industries, including healthcare, banking, and telecommunications. Its robust business model and growing demand for digital transformation solutions make it a strong contender in the tech sector.
Oracle Financial Services Software Ltd
The Market Cap of Oracle Financial Services Software Ltd is ₹65,419.02 crore. The stock’s 1-month return is -20.12%, while its 1-year return is -7.04%. It is currently 7.26% away from its 52-week high.
Oracle Financial Services Software Ltd is a subsidiary of Oracle Corporation, specializing in providing IT solutions for the banking and financial services industry. The company offers a comprehensive suite of financial products and services, including risk management, analytics, and core banking solutions. Its global presence and strong technological foundation have made it a preferred choice for financial institutions worldwide.
Despite recent market declines, the company continues to focus on innovation, ensuring its offerings remain competitive in an evolving financial landscape. Oracle Financial Services Software Ltd is well-positioned to capitalize on the growing need for digital banking solutions, making it a vital player in the fintech space.
Vodafone Idea Ltd
The Market Cap of Vodafone Idea Ltd is ₹52,402.49 crore. The stock’s 1-month return is -20.57%, while its 1-year return is -46.62%. It is currently 11.04% away from its 52-week high.
Vodafone Idea Ltd, one of India’s largest telecom service providers, has been struggling financially due to intense competition and regulatory challenges. The company has been working on improving its network infrastructure and increasing its customer base to strengthen its position in the market. However, high debt levels and pricing pressures continue to pose challenges.
Despite these difficulties, Vodafone Idea is focusing on expanding its 4G and 5G capabilities to enhance service quality and attract more subscribers. The company’s recent efforts in network optimization and strategic collaborations indicate its commitment to long-term growth. However, investor confidence remains cautious due to financial instability and increasing competition from market leaders like Jio and Airtel.
Coforge Ltd
The Market Cap of Coforge Ltd is ₹51,042.61 crore. The stock’s 1-month return is -10.48%, while its 1-year return is 20.60%. It is currently 78.02% away from its 52-week high.
Coforge Ltd is a fast-growing IT services company specializing in digital transformation and cloud-based solutions. The company has built a strong reputation in the global market with its expertise in AI, data analytics, and software engineering. With a focus on customer-centric solutions, Coforge has gained a competitive edge in delivering customized IT services to businesses worldwide.
The company has demonstrated strong financial performance, with steady revenue growth and expanding market reach. Coforge continues to invest in innovation and talent development to maintain its leadership in digital solutions. As organizations increasingly shift towards cloud computing and AI-driven technologies, Coforge is well-positioned to capitalize on these trends.
L&T Technology Services Ltd
The Market Cap of L&T Technology Services Ltd is ₹49,156.34 crore. The stock’s 1-month return is -15.50%, while its 1-year return is -11.92%. It is currently 10.54% away from its 52-week high.
L&T Technology Services Ltd (LTTS) is a leading engineering and R&D services company, providing innovative solutions across industries such as automotive, aerospace, and healthcare. The company specializes in digital engineering, AI, and IoT, making it a critical player in the technology-driven industrial sector.
Despite recent market fluctuations, LTTS continues to secure high-value contracts, strengthening its global presence. The company is actively investing in new-age technologies and expanding its digital offerings to drive future growth. Its strong backing from the L&T group ensures financial stability and long-term sustainability in the competitive technology sector.
Mphasis Ltd
The Market Cap of Mphasis Ltd is ₹43,209.98 crore. The stock’s 1-month return is -18.79%, while its 1-year return is -7.77%. It is currently 4.83% away from its 52-week high.
Mphasis Ltd is an IT solutions provider specializing in cloud computing, cybersecurity, and AI-driven applications. The company serves clients across banking, insurance, and logistics sectors, providing customized technology solutions to enhance operational efficiency. With a strong focus on digital transformation, Mphasis continues to expand its service offerings in line with evolving industry demands.
The company’s strategic partnerships with global enterprises have strengthened its market position. However, recent stock performance has been impacted by broader economic challenges and IT sector slowdowns. Despite this, Mphasis remains optimistic about future growth opportunities, driven by increasing demand for AI-driven software solutions.
Tata Communications Ltd
The Market Cap of Tata Communications Ltd is ₹42,531.98 crore. The stock’s 1-month return is -12.64%, while its 1-year return is -23.65%. It is currently 15.60% away from its 52-week high.
Tata Communications Ltd is a global telecommunications company providing network, cloud, and cybersecurity solutions. The company plays a crucial role in enabling digital connectivity for businesses and enterprises worldwide. Its vast global network and infrastructure give it a competitive advantage in the telecom industry.
Despite market fluctuations, Tata Communications is investing in emerging technologies such as 5G, IoT, and edge computing. These investments are expected to drive long-term growth and position the company as a leader in digital infrastructure services. However, financial performance has been impacted by industry-wide challenges, requiring strategic efforts to maintain profitability.
KPIT Technologies Ltd
The Market Cap of KPIT Technologies Ltd is ₹34,463.82 crore. The stock’s 1-month return is -12.70%, while its 1-year return is -14.00%. It is currently 11.08% away from its 52-week high.
KPIT Technologies Ltd is a leading automotive software company specializing in embedded systems, electric vehicle technology, and autonomous driving solutions. The company collaborates with major global automobile manufacturers to provide next-generation mobility solutions. Its expertise in connected and smart vehicle technologies has positioned it as a crucial player in the industry.
While KPIT Technologies has shown steady growth, recent stock performance has been affected by broader market conditions. However, the increasing demand for electric and autonomous vehicles presents significant growth opportunities. The company’s commitment to R&D and innovation is expected to drive long-term success in the rapidly evolving automotive technology sector.
Tata Elxsi Ltd
The Market Cap of Tata Elxsi Ltd is ₹33,758.02 crore. The stock’s 1-month return is -13.56%, while its 1-year return is -29.64%. It is currently 2.22% away from its 52-week high.
Tata Elxsi Ltd is a leading design and technology services company specializing in digital engineering, embedded systems, and product design. The company serves industries such as automotive, healthcare, and media, providing cutting-edge solutions in AI and IoT. With a strong innovation-driven approach, Tata Elxsi continues to expand its global footprint.
Despite facing short-term market challenges, the company remains well-positioned to benefit from increasing digitalization trends. Its expertise in AI-driven product development and cloud-based solutions gives it a strategic advantage. Investors remain optimistic about Tata Elxsi’s long-term growth potential, driven by its robust R&D capabilities.
Firstsource Solutions Ltd
The Market Cap of Firstsource Solutions Ltd is ₹22,846.07 crore. The stock’s 1-month return is -3.91%, while its 1-year return is 71.28%. It is currently 88.00% away from its 52-week high.
Firstsource Solutions Ltd is a leading business process management (BPM) company providing customer service, healthcare, and financial solutions. The company leverages AI, automation, and analytics to deliver high-quality outsourcing services to global clients.
Despite market volatility, Firstsource has shown strong growth, with increasing demand for digital transformation services. The company’s commitment to enhancing operational efficiency and customer experience continues to drive its success in the BPM industry.
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.
