IT Stocks

IT Stocks refer to shares of companies involved in the Information Technology (IT) sector. These companies provide a variety of products and services related to computing, software, hardware, and digital infrastructure. The IT sector is one of the most dynamic and fast-growing sectors in the global economy, driven by technological innovation and the increasing reliance on digital solutions in all aspects of life and business.

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List of Best IT Stocks to Invest Today

Name
Price
M Cap
Analyst Rating
Target Price
Alpha
1Y Return
3Y Return
5Y Return
PE
Industry PE
PB
Beta
Div Yld
Net Profit Qtr
Net Profit QoQ %
Net Profit YoY %
Net Profit 3Y Change %
Rev Qtr (in Cr)
Rev QoQ (in %)
Rev 1Y change %
Rev 3Y change %
Profit Mar Qtr
Profit Mar QoQ
Profit Mar 1Y Change%
Profit Mar 3Y Change%
Sector
M Cap
ROE
ROCE
EPS
Volume
imgTata Consultancy Services Ltd

₹4,454.95

Large CapBUY4508.054.18%20.57%22.66%119.08%33.8341.8819.590.631.88%11955 Cr-1.24%8.97%41.57%642592.63%6.85%46.73%19.14%-3.77%1.99%-3.51%Technology1601890.1659.6%72.96%127.351914642
imgInfosys Ltd

₹1,987.00

Large CapBUY203515.27%33.75%13.15%181.18%30.3241.887.660.753.07%6516 Cr2.23%8.88%35.14%409864.25%4.7%52.95%17.08%-1.94%3.99%-11.64%Technology819715.8336.58%45.07%63.376462130
imgHCL Technologies Ltd

₹1,936.20

Large CapHOLD1879.7423.04%40.4%66.59%260.01%31.0941.8810.620.743.37%4237 Cr-0.52%5.83%40.66%288622.87%8.34%45.81%14.29%-3.29%-2.32%-3.54%Technology523981.5928.98%36.83%57.862306173
imgWipro Ltd

₹309.10

Large CapHOLD267.0929.57%46.38%-4.25%158.08%27.4941.884.341.090.21%3226.6 Cr6.26%-2.24%2.25%22301.61.54%-0.8%44.93%12.38%4.65%-1.45%-29.45%Technology323343.4315.13%19.03%10.6312958440
imgLTIMindtree Ltd

₹6,667.65

Large CapHOLD6349.95-3.01%14.6%-2.54%304.64%41.9741.887.570.661.32%1251.6 Cr10.26%3.95%136.54%9432.93.18%7.03%187.13%12.91%6.87%-2.88%-17.62%Technology195439.9125.43%31.77%154.89495471
imgTech Mahindra Ltd

₹1,789.60

Large CapHOLD1665.4925.58%43.77%7.61%133.04%47.6641.885.270.833.2%1257.5 Cr45.41%-50.65%-44.94%13313.22.37%-2.43%37.35%4.61%42.05%-49.42%-59.91%Technology172524.878.8%10.44%27.163018243
imgOracle Financial Services Software Ltd

₹12,095.35

Large CapBUY11420173.34%198.07%185.55%320%42.5441.8812.291.122.74%577.7 Cr-6.32%22.88%25.97%1673.9-3.88%11.84%27.87%34.82%-2.55%9.87%-1.49%Technology106317.2533.27%41.85%256.0675811
imgPB Fintech Ltd

₹2,140.00

Mid CapHOLD1656.26150.24%171.22%87.77%80.07%464.5941.886.560.78NA50.98 Cr-15.01%-113.2%-142.87%1167.2315.51%34.4%287.71%1.87%-26.42%-109.82%-111.06%IT - Software99350.970.41%0.51%1.43926181
imgPersistent Systems Ltd

₹6,435.95

Mid CapHOLD5486.8277.52%94.86%188.23%1794.19%78.5941.8812.860.740.65%325 Cr6.06%18.72%142.63%2897.155.84%17.62%134.52%11.13%0.21%0.94%3.46%Technology99116.722.61%29.24%70.98642487
imgMphasis Ltd

₹3,190.35

Mid CapHOLD3106.8313.52%30.88%-1.22%267.96%37.7341.887.891.042.3%423.33 Cr4.65%-5.07%27.78%3536.153.32%-3.77%36.58%11.71%1.29%-1.36%-6.44%Technology60360.2926.96%34.59%82.26695231
imgCoforge Ltd

₹9,195.95

Mid CapBUY7862.4836.04%53.61%64.27%506.11%71.3541.8810.260.771.38%233.6 Cr67.7%12.15%79.31%3062.327.55%14.53%96.86%9.1%31.47%-2.08%-8.91%Technology60148.0433.46%32.68%135.21673281
imgL&T Technology Services Ltd

₹5,422.80

Mid CapSELL5092.43-8.75%8.54%-1.95%257.41%43.3441.8811.50.810.91%320 Cr1.94%7.39%95.99%2572.94.51%9.44%77.02%13.54%-2.45%-1.87%10.72%Technology56837.9127.19%34.57%123.24113706

What are IT Stocks?

IT stocks are shares in a company that operates within the computers and technology. These companies are involved in developing software, creating websites and apps, and managing computer systems. Essentially, they serve as the driving force behind the technology we use in our daily lives.

Investing in IT stocks is essentially a bet on the continued growth of technology and the companies that are at the forefront of powering it. As technology continues to evolve in various aspects of our lives, the demand for IT services is expected to rise.

Consequently, investing in IT stocks is seen as an opportunity to capitalise on this trend and potentially benefit from the overall growth of the technology sector.

Future of IT Stocks

The future of IT stocks is shaped by a combination of emerging technologies, market trends, and economic factors. Here are some key points to consider:

  1. Global IT Spending: Increased global IT spending is being fueled by the adoption of cloud services, digital transformation initiatives, and the emergence of new technologies such as artificial intelligence (AI) and the Internet of Things (IoT). These trends are expected to broaden market opportunities for IT companies, enhancing their revenue potential.
  2. Emerging Technologies: The ongoing development and integration of technologies like AI, blockchain, and automation are creating new avenues for IT firms. Companies that innovate in these areas are likely to see substantial growth as businesses seek to improve efficiency and reduce costs through automation.
  3. Government Support: Various government initiatives, such as Digital India and Make in India, are designed to bolster the IT sector, providing a conducive environment for growth and innovation.
  4. India's IT Hub Status: India continues to be a leading global IT services provider, benefiting from a large pool of skilled labour and cost advantages.

Factors Affecting IT Stocks

Stock performance changes each minute, each second, so you have to keep an eye on a few factors to ensure your IT stocks perform well. Here are some common factors that might affect your IT stocks:

  1. Technology Trends: Rapid technological changes and the length of time products are useful can affect IT stocks. Companies that can effectively use new technologies may see their stocks go up.
  2. Outsourcing: IT companies that use outsourcing frequently can be affected if this changes, labor costs go up, or there are problems between countries.
  3. Rules and Laws: Special rules about keeping data private, treating all internet traffic the same, and keeping things safe online can greatly affect IT stocks.
  4. Need for IT Services: The overall need for software, hardware, and advice from IT companies can affect their stocks.
  5. Lots of Business from Few Clients: IT companies that make a lot of their money from just a few big clients can see their stocks change significantly.
  6. Company Team-Ups: When companies in the IT industry join forces, merge, or buy each other, their stocks can fluctuate.

Frequently Asked Questions

IT stocks represent shares in companies within the information technology sector, involved in technology development, services, and solutions.

Look for companies with strong financials, innovation pipelines, and a competitive edge in the rapidly evolving technology landscape.

While the sector can be volatile, certain IT stocks may suit investors seeking growth with a long-term perspective.

Global factors, such as international market exposure and regulatory changes, can significantly influence the performance of IT stocks.

Innovation is a crucial factor. Companies at the forefront of technological advancements often present better investment opportunities in the IT sector.

Yes, diversification is crucial. While IT offers good growth potential, spread your investments across different sectors to manage risk.

IT stocks can be susceptible to economic slowdowns as companies may cut IT spending. However, some IT sub-sectors like cloud computing might be relatively resilient.

IT stocks can be a valuable addition to your portfolio, offering growth potential, diversification, and exposure to the technology sector. However, carefully consider your risk tolerance and investment goals before investing.

Changes in government policies related to data privacy, cybersecurity, or IT exports can impact IT companies' operations and stock prices. Stay informed about such developments.

Analyze the company's financial statements, including revenue growth, profitability margins, and debt levels. You can also use financial ratios like P/E ratio to assess the stock's valuation.

Check More Stocks

Name
Price
M Cap
Alpha
1Y Return
3Y Return
5Y Return
PE
Industry PE
PB
Beta
Net Profit Qtr
Net Profit QoQ %
Net Profit YoY %
Net Profit 3Y Change %
Rev Qtr (in Cr)
Rev QoQ (in %)
Rev 1Y change %
Rev 3Y change %
Profit Mar Qtr
Profit Mar QoQ
Profit Mar 1Y Change%
Profit Mar 3Y Change%
Sector
M Cap
ROE
ROCE
EPS
Volume
imgAdani Power Ltd

₹539.85

LARGE CAP-18.67%0.44%400.48%759.69%16.6627.986.881.523297.52 Cr-15.72%94.18%1540.09%13338.88-10.81%29.86%92.02%41.37%-5.51%49.53%754.11%Utilities200271.5555.41%30.81%5425503312
imgTata Motors Ltd

₹786.35

LARGE CAP-6.5%11.7%61.32%360.97%9.0836.3912.631.083450 Cr-39.39%1082.46%-344.36%100534-6.32%26.58%75.32%7.26%-35.3%834.16%-239.39%Consumer Cyclical294158.6919.5%14.69%82.9910602758
imgAdani Wilmar Ltd

₹307.45

MID CAP-35.26%-17.77%14.56%14.56%40.65136.455.040.94281.91 Cr-9.54%-69.17%-73.83%14460.452.06%-11.9%38.21%0.33%-11.36%-65.01%-81.06%Edible Oil39939.123.42%9.6%1.312014507
imgInfosys Ltd

₹1,987.00

LARGE CAP15.27%33.75%13.15%181.18%30.3241.887.660.756516 Cr2.23%8.88%35.14%409864.25%4.7%52.95%17.08%-1.94%3.99%-11.64%Technology819715.8336.58%45.07%63.376462130
imgTata Steel Ltd

₹150.78

LARGE CAP-1.56%15.76%29.24%259.68%64.0925.781.431.43758.84 Cr-17.39%-160.8%-159.95%53489.73-1.7%-5.83%46.63%-2.14%-15.96%-164.56%-140.88%Industrials188001.927.79%13.67%-3.9425761723
imgYes Bank Ltd

₹21.20

MID CAP-10.79%1.31%54.14%-52.41%36.5816.381.621.25566.59 Cr9.8%74.66%-136.84%9225.452.55%23.98%42.4%3.9%7.08%40.88%-125.87%Financial Services67653.052.45%NA0.45179952016
imgZomato Ltd

₹284.90

LARGE CAP128.99%149.94%104.56%131.59%343.296.950.71176 Cr-30.43%-136.15%-142.99%479914.1%71.13%507.58%2.9%-39.03%-121.12%-107.08%Technology281597.235.15%5.18%0.438405304
imgITC Ltd

₹460.60

LARGE CAP-14.53%2.68%98.32%95.03%28.2828.887.410.625054.43 Cr-2.37%6.54%55.06%20581.5712.22%-0.08%43.85%29.28%-13%6.63%7.79%Consumer Defensive582065.5229.21%37.4%16.6212884401
imgWipro Ltd

₹309.10

LARGE CAP29.57%46.38%-4.25%158.08%27.4941.884.341.093226.6 Cr6.26%-2.24%2.25%22301.61.54%-0.8%44.93%12.38%4.65%-1.45%-29.45%Technology323343.4315.13%19.03%10.63512958440
imgHDFC Bank Ltd

₹1,859.25

LARGE CAP-4.51%13.98%23.29%47.44%20.4716.382.50.9517825.91 Cr8.2%39.27%101.24%121456.743.81%99.35%161.73%15.7%4.23%-30.13%-23.11%Financial Services1424315.916.88%NA86.158646895

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