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Nifty IT Index

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Information Technology (IT) industry has played a major role in the Indian economy. In order to have a good benchmark of the Indian IT sector, NSE Indices has developed the Nifty IT sector index. Nifty IT provides investors and market intermediaries with an appropriate benchmark that captures the performance of the IT segment of the market.Companies in this index are those that have more than 50% of their turnover from IT related activities like IT Infrastructure , IT Education and Software Training , Telecommunication Services and Networking Infrastructure, Software Development, Hardware Manufacturer’s, Vending, Support and Maintenance.

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In the table below you will find important data on Nifty It Companies Share prices, 52-week High and Low, PE ratio, etc. You will also get MoneyWorks4me's rating on Quality, Valuation, Price Trend and Overall Rating to assist you in taking informed stock investing decisions.Decizen:- Q: Quality, V: Valuation,PT: Price Trend

Nifty IT Index as on Jun-2023 |
 5 Star Rated Stocks Undervalued Stocks Fair Valued Stocks Uptrend Stocks
Company Name (M.Cap) DeciZen CMP Price
Change
Market
Cap (Cr)
52W
High
52W
Low
ROE P/E P/BV EV/
EBITDA
5Y
Sales Gr(%)
5Y
Profit Gr(%)
More Info
Q V PT
1,300 0.07% 5,38,924 1,672
01 Dec, 22
1,215
25 Apr, 23
31.58 22.37 7.23 13.92 15.79 9.53
Q V PT
405.0 0.05% 2,22,188 488.0
03 Jun, 22
351.9
17 Apr, 23
15.38 19.58 2.87 11.93 10.68 8.95
Q V PT
2,013 -0.34% 38,069 2,700
03 Jun, 22
1,661
17 Apr, 23
20.95 23.24 4.92 14.34 16.08 13.75
Q V PT
1,139 0.20% 3,08,517 1,157
03 Feb, 23
875.6
29 Aug, 22
21.77 20.77 4.72 12.50 12.48 10.57
Q V PT
3,308 0.11% 12,09,097 3,575
16 Feb, 23
2,926
26 Sep, 22
46.87 28.72 13.39 19.11 12.86 11.93
Q V PT
4,587 -0.08% 28,044 4,650
02 Jun, 23
3,210
19 Sep, 22
25.00 40.42 9.10 20.81 18.08 19.25
Q V PT
1,115 -0.69% 1,09,352 1,182
03 Jun, 22
944.1
17 Jun, 22
19.06 22.63 3.91 12.21 8.91 15.30
Q V+ PT
5,242 0.21% 40,238 5,279
02 Jun, 23
3,092
26 Sep, 22
22.10 43.69 9.80 25.01 14.69 21.32
Q V PT
4,975 -0.37% 1,47,746 5,361
15 Nov, 22
3,834
14 Jul, 22
26.80 34.71 9.23 23.09 18.43 19.22
Q V PT
3,950 0.33% 41,583 4,317
02 Dec, 22
2,923
04 Jul, 22
22.82 37.45 8.87 22.77 13.54 13.98

News about Nifty It

Nifty It

FAQs

You can use different criterias to arrive at the list of best stocks in the Nifty It company index. You can use return ratios like ROCE or ROE, that will help you choose companies with profitable growth.

Based on ROE, the best stocks in the Nifty It companies index are:

Company Name Is it a Right Stock ? CMP Market Cap(Cr.) P/E P/BV EV/EBITDA ROE
Tata Consultancy Services Ltd. (L) Very Good 3,308 12,09,097 28.72 13.39 19.11 46.87
Infosys Ltd. (L) Very Good 1,300 5,38,924 22.37 7.23 13.92 31.58
LTIMindtree Ltd. (L) Very Good 4,975 1,47,746 34.71 9.23 23.09 26.80
Coforge Ltd. (M) Very Good 4,587 28,044 40.42 9.10 20.81 25.00
L&T Technology Services Ltd. (M) Very Good 3,950 41,583 37.45 8.87 22.77 22.82

Based on the past year's gain, the best performing stocks are:

Company Name Is it a Right Stock ? CMP Market Cap(Cr.) Yearly gain (%)
Persistent Systems Ltd. (M) Very Good 5,242 40,238 38.01
Coforge Ltd. (M) Very Good 4,587 28,044 19.56
LTIMindtree Ltd. (L) Very Good 4,975 1,47,746 15.23
HCL Technologies Ltd. (L) Very Good 1,139 3,08,517 9.35
L&T Technology Services Ltd. (M) Very Good 3,950 41,583 9.15
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To select the best stocks from the Nifty It, you can check factors like stock returns over different time frames, the Return on Equity, the Price to Earnings (P/E) ratio, Price to Book Value (P/BV) ratio, and the company’s profitability.

Companies that have performed well fundamentally are more likely to see their stock prices gain too.

Nifty It Stocks with the highest revenue growth in the past five years is :

Company Name Is it a Right Stock ? CMP Market Cap(Cr.) P/E P/BV EV/EBITDA 5Y Sales Growth (%)
LTIMindtree Ltd. (L) Very Good 4,975 1,47,746 34.71 9.23 23.09 18.43
Coforge Ltd. (M) Very Good 4,587 28,044 40.42 9.10 20.81 18.08
Mphasis Ltd. (M) Very Good 2,013 38,069 23.24 4.92 14.34 16.08
Infosys Ltd. (L) Very Good 1,300 5,38,924 22.37 7.23 13.92 15.79
Persistent Systems Ltd. (M) Very Good 5,242 40,238 43.69 9.80 25.01 14.69

Companies with high profit growth often witness their stock prices gaining, irrespective of the market movements.

Nifty It companies that had the highest profit growth in the past five years is :

Company Name Is it a Right Stock ? CMP Market Cap(Cr.) P/E P/BV EV/EBITDA 5Y Profit Growth (%)
Persistent Systems Ltd. (M) Very Good 5,242 40,238 43.69 9.80 25.01 21.32
Coforge Ltd. (M) Very Good 4,587 28,044 40.42 9.10 20.81 19.25
LTIMindtree Ltd. (L) Very Good 4,975 1,47,746 34.71 9.23 23.09 19.22
Tech Mahindra Ltd. (L) Very Good 1,115 1,09,352 22.63 3.91 12.21 15.30
L&T Technology Services Ltd. (M) Very Good 3,950 41,583 37.45 8.87 22.77 13.98

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