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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.

See MoneyWorks4me's rating on Quality, Valuation, Price Trend and Overall Rating to take informed stock investing decisions. Decizen:- Q: Quality, V: Valuation,PT: Price Trend

Nifty IT Index as on Apr-2024 |
 5 Star Rated Stocks Undervalued Stocks Fair Valued Stocks Uptrend Stocks


Company Name (M.Cap)
DeciZen


CMP


Price
Change


Market
Cap (Cr)


52Week
High


52Week
Low


ROE


P/E


P/BV


EV/
EBITDA


5Y Sales
Gr.(%)


5Y Profit
Gr.(%)
More Info
1
Q V PT
3,872 -1.76% 14,26,124 4,254
18 Mar, 24
3,070
17 Apr, 23
51.07 31.06 15.80 20.56 10.46 9.50
2
Q V PT
1,196 -1.90% 1,19,086 1,416
23 Jan, 24
983.0
28 Apr, 23
16.71 42.31 4.41 19.24 11.61 9.01
3
Q V+ PT
1,476 -1.94% 4,08,529 1,697
23 Feb, 24
1,016
17 Apr, 23
23.06 26.02 5.83 15.47 14.94 12.92
4
Q V+ PT
3,859 -2.21% 60,784 4,490
19 Feb, 24
1,980
17 Apr, 23
25.37 59.03 12.92 34.60 22.45 29.06
5
Q V PT
448.6 -2.32% 2,39,970 546.1
19 Feb, 24
351.9
17 Apr, 23
15.43 21.26 3.33 12.60 10.68 8.96
6
Q V PT
5,316 -2.49% 57,653 5,885
08 Apr, 24
3,308
17 Apr, 23
24.01 45.31 11.25 27.44 16.42 20.04
7
Q V PT
4,666 -3.06% 1,42,548 6,443
15 Jan, 24
4,130
21 Apr, 23
28.09 31.02 7.41 20.02 35.34 23.66
8
Q V PT
5,210 -3.41% 33,344 6,840
19 Feb, 24
3,754
17 Apr, 23
24.53 47.70 9.34 24.60 21.79 20.70
9
Q V PT
2,309 -3.60% 45,261 2,835
19 Feb, 24
1,661
17 Apr, 23
21.58 28.89 5.46 17.40 16.08 14.42
10
Q V PT
1,415 -3.65% 6,09,472 1,731
06 Feb, 24
1,215
25 Apr, 23
31.58 24.99 7.01 15.11 15.79 9.53
×
×

Nifty IT - Today's Top Losers

Company Name CMP Price Change(%)
1,414.75-3.65%
2,308.50-3.60%
5,210-3.41%
4,666-3.06%
5,316-2.49%

News about Nifty It

TCS - Quaterly Results

The company's total revenue for the quarter ended March 2024 saw a slight change in the total revenue, having registered a total revenue of Rs. 514880.00 millions.Modest increase of 16.26% in the Net Profit was reported from. 98000.00 millions to Rs. 113930.00  millions.OP of the company witnessed a marginal growth to 163520.00 millions from 143030.00 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 514880.00 497800.00 3.43 2023590.00 1903540.00 6.31 2023590.00 1903540.00 6.31
Other Income 18060.00 14330.00 26.03 72730.00 53280.00 36.51 72730.00 53280.00 36.51
PBIDT 163520.00 143030.00 14.33 631200.00 563250.00 12.06 631200.00 563250.00 12.06
Interest 1970.00 2500.00 -21.20 6730.00 6950.00 -3.17 6730.00 6950.00 -3.17
PBDT 161550.00 140530.00 14.96 614890.00 556300.00 10.53 614890.00 556300.00 10.53
Depreciation 9750.00 10080.00 -3.27 38870.00 39400.00 -1.35 38870.00 39400.00 -1.35
PBT 151800.00 130450.00 16.37 576020.00 516900.00 11.44 576020.00 516900.00 11.44
TAX 37870.00 32450.00 16.70 140430.00 125840.00 11.59 140430.00 125840.00 11.59
Deferred Tax -1380.00 -2140.00 -35.51 -1350.00 -3620.00 -62.71 -1350.00 -3620.00 -62.71
PAT 113930.00 98000.00 16.26 435590.00 391060.00 11.39 435590.00 391060.00 11.39
Equity 3620.00 3660.00 -1.09 3620.00 3660.00 -1.09 3620.00 3660.00 -1.09
PBIDTM(%) 31.76 28.73 10.53 31.19 29.59 5.42 31.19 29.59 5.42
12 Apr, 2024

TCS - Quaterly Results

The company's total revenue for the quarter ended March 2024 saw a slight change in the total revenue, having registered a total revenue of Rs. 514880.00 millions.Modest increase of 16.26% in the Net Profit was reported from. 98000.00 millions to Rs. 113930.00  millions.OP of the company witnessed a marginal growth to 163520.00 millions from 143030.00 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 514880.00 497800.00 3.43 2023590.00 1903540.00 6.31 2023590.00 1903540.00 6.31
Other Income 18060.00 14330.00 26.03 72730.00 53280.00 36.51 72730.00 53280.00 36.51
PBIDT 163520.00 143030.00 14.33 631200.00 563250.00 12.06 631200.00 563250.00 12.06
Interest 1970.00 2500.00 -21.20 6730.00 6950.00 -3.17 6730.00 6950.00 -3.17
PBDT 161550.00 140530.00 14.96 614890.00 556300.00 10.53 614890.00 556300.00 10.53
Depreciation 9750.00 10080.00 -3.27 38870.00 39400.00 -1.35 38870.00 39400.00 -1.35
PBT 151800.00 130450.00 16.37 576020.00 516900.00 11.44 576020.00 516900.00 11.44
TAX 37870.00 32450.00 16.70 140430.00 125840.00 11.59 140430.00 125840.00 11.59
Deferred Tax -1380.00 -2140.00 -35.51 -1350.00 -3620.00 -62.71 -1350.00 -3620.00 -62.71
PAT 113930.00 98000.00 16.26 435590.00 391060.00 11.39 435590.00 391060.00 11.39
Equity 3620.00 3660.00 -1.09 3620.00 3660.00 -1.09 3620.00 3660.00 -1.09
PBIDTM(%) 31.76 28.73 10.53 31.19 29.59 5.42 31.19 29.59 5.42
12 Apr, 2024

TCS reports Profit after tax of Rs 113930.00 Mln, in the March 2024 quarter

A minor change in the total revenue was seen in the March 2024 quarter. The total revenue for the quarter stood at Rs. 514880.00 millions against Rs. 497800.00 millions during year ago period.A slim rise of 16.26% was recorded in the Net profit for the quarter ended March 2024 to Rs. 113930.00  millions  From Rs. 98000.00 millions.Operating profit surged to 163520.00 millions from the corresponding previous quarter of 143030.00 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 514880.00 497800.00 3.43 2023590.00 1903540.00 6.31 2023590.00 1903540.00 6.31
Other Income 18060.00 14330.00 26.03 72730.00 53280.00 36.51 72730.00 53280.00 36.51
PBIDT 163520.00 143030.00 14.33 631200.00 563250.00 12.06 631200.00 563250.00 12.06
Interest 1970.00 2500.00 -21.20 6730.00 6950.00 -3.17 6730.00 6950.00 -3.17
PBDT 161550.00 140530.00 14.96 614890.00 556300.00 10.53 614890.00 556300.00 10.53
Depreciation 9750.00 10080.00 -3.27 38870.00 39400.00 -1.35 38870.00 39400.00 -1.35
PBT 151800.00 130450.00 16.37 576020.00 516900.00 11.44 576020.00 516900.00 11.44
TAX 37870.00 32450.00 16.70 140430.00 125840.00 11.59 140430.00 125840.00 11.59
Deferred Tax -1380.00 -2140.00 -35.51 -1350.00 -3620.00 -62.71 -1350.00 -3620.00 -62.71
PAT 113930.00 98000.00 16.26 435590.00 391060.00 11.39 435590.00 391060.00 11.39
Equity 3620.00 3660.00 -1.09 3620.00 3660.00 -1.09 3620.00 3660.00 -1.09
PBIDTM(%) 31.76 28.73 10.53 31.19 29.59 5.42 31.19 29.59 5.42
12 Apr, 2024

All Indices


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 3,872 14,26,124 31.06 15.80 20.56 51.07
Infosys Ltd. (L) Very Good 1,415 6,09,472 24.99 7.01 15.11 31.58
LTIMindtree Ltd. (L) Very Good 4,666 1,42,548 31.02 7.41 20.02 28.09
Persistent Systems Ltd. (M) Very Good 3,859 60,784 59.03 12.92 34.60 25.37
Coforge Ltd. (M) Very Good 5,210 33,344 47.70 9.34 24.60 24.53

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 3,859 60,784 75.77
L&T Technology Services Ltd. (M) Very Good 5,316 57,653 50.64
HCL Technologies Ltd. (L) Very Good 1,476 4,08,529 37.73
Mphasis Ltd. (M) Very Good 2,309 45,261 30.27
Coforge Ltd. (M) Very Good 5,210 33,344 29.36
View More

Stocks with the highest revenue growth in the past 5 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 4,666 1,42,548 31.02 7.41 20.02 35.34
Persistent Systems Ltd. (M) Very Good 3,859 60,784 59.03 12.92 34.60 22.45
Coforge Ltd. (M) Very Good 5,210 33,344 47.70 9.34 24.60 21.79
L&T Technology Services Ltd. (M) Very Good 5,316 57,653 45.31 11.25 27.44 16.42
Mphasis Ltd. (M) Very Good 2,309 45,261 28.89 5.46 17.40 16.08

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

Stocks with the highest profit growth in the past 5 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 3,859 60,784 59.03 12.92 34.60 29.06
LTIMindtree Ltd. (L) Very Good 4,666 1,42,548 31.02 7.41 20.02 23.66
Coforge Ltd. (M) Very Good 5,210 33,344 47.70 9.34 24.60 20.70
L&T Technology Services Ltd. (M) Very Good 5,316 57,653 45.31 11.25 27.44 20.04
Mphasis Ltd. (M) Very Good 2,309 45,261 28.89 5.46 17.40 14.42

When to buy Bluechip stocks for highest returns?

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