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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 Feb-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
1,571 -1.79% 6,64,165 1,924
17 Mar, 22
1,356
26 Sep, 22
28.90 28.08 7.67 20.32 12.18 10.99
Q V PT
404.7 -0.76% 2,23,765 615.9
21 Mar, 22
372.4
17 Oct, 22
19.65 19.69 3.01 12.31 7.42 11.18
Q V PT
2,095 0.28% 39,364 3,466
31 Mar, 22
1,897
19 Dec, 22
19.59 24.13 5.31 17.71 14.51 13.64
Q V PT
1,146 0.05% 3,10,932 1,215
17 Mar, 22
875.6
29 Aug, 22
21.77 21.50 4.76 14.42 12.48 10.57
Q V PT
3,460 -0.63% 12,74,027 3,856
16 Feb, 22
2,926
26 Sep, 22
42.65 31.32 11.81 23.10 10.20 10.06
Q V PT
4,321 0.31% 26,304 4,870
09 Mar, 22
3,210
19 Sep, 22
25.00 33.47 8.59 23.78 18.08 19.25
Q V PT
1,005 -0.66% 98,567 1,575
25 Mar, 22
944.1
17 Jun, 22
19.06 18.92 3.51 11.48 8.91 15.30
Q V+ PT
4,834 -0.31% 37,058 4,950
05 Apr, 22
3,092
26 Sep, 22
22.10 42.57 9.85 37.55 14.69 21.32
Q V PT
4,596 2.06% 1,33,200 6,520
10 Mar, 22
3,733
26 May, 22
26.80 47.86 13.74 46.71 18.43 19.22
Q V PT
3,459 0.58% 36,315 5,295
05 Apr, 22
2,923
04 Jul, 22
22.82 34.25 8.05 26.68 13.54 13.98

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 3,460 12,74,027 31.32 11.81 23.10 42.65
Infosys Ltd. (L) Very Good 1,571 6,64,165 28.08 7.67 20.32 28.90
LTIMindtree Ltd. (L) Very Good 4,596 1,33,200 47.86 13.74 46.71 26.80
Coforge Ltd. (L) Very Good 4,321 26,304 33.47 8.59 23.78 25.00
L&T Technology Services Ltd. (L) Very Good 3,459 36,315 34.25 8.05 26.68 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. (L) Very Good 4,834 37,058 12.52

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 4,596 1,33,200 47.86 13.74 46.71 18.43
Coforge Ltd. (L) Very Good 4,321 26,304 33.47 8.59 23.78 18.08
Persistent Systems Ltd. (L) Very Good 4,834 37,058 42.57 9.85 37.55 14.69
Mphasis Ltd. (L) Very Good 2,095 39,364 24.13 5.31 17.71 14.51
L&T Technology Services Ltd. (L) Very Good 3,459 36,315 34.25 8.05 26.68 13.54

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. (L) Very Good 4,834 37,058 42.57 9.85 37.55 21.32
Coforge Ltd. (L) Very Good 4,321 26,304 33.47 8.59 23.78 19.25
LTIMindtree Ltd. (L) Very Good 4,596 1,33,200 47.86 13.74 46.71 19.22
Tech Mahindra Ltd. (L) Very Good 1,005 98,567 18.92 3.51 11.48 15.30
L&T Technology Services Ltd. (L) Very Good 3,459 36,315 34.25 8.05 26.68 13.98

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