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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 Oct-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
5,450 3.98% 80,745 5,588
27 Sep, 24
2,814
18 Oct, 23
24.37 68.95 16.06 42.21 23.88 26.23
2
Q V+ PT
1,838 1.55% 4,91,173 1,840
10 Oct, 24
1,210
13 Oct, 23
23.51 29.90 6.83 17.61 12.71 9.72
3
Q V+ PT
1,643 1.42% 1,58,522 1,674
10 Oct, 24
1,089
26 Oct, 23
8.36 62.99 5.81 27.72 8.40 -10.93
4
Q V PT
1,934 0.77% 7,96,818 1,977
09 Oct, 24
1,352
01 Nov, 23
31.92 29.89 8.51 18.72 13.20 12.49
5
Q V PT
6,384 0.63% 1,87,890 6,575
19 Sep, 24
4,518
04 Jun, 24
24.99 41.16 9.03 25.87 30.33 14.02
6
Q V+ PT
2,871 0.62% 53,995 3,187
17 Sep, 24
2,068
26 Oct, 23
18.46 34.54 6.04 20.31 11.43 7.51
7
Q V+ PT
7,316 0.48% 48,556 7,450
10 Oct, 24
4,291
09 May, 24
23.96 62.58 8.14 33.01 20.08 14.72
8
Q V PT
5,207 0.31% 54,943 5,990
29 Aug, 24
4,107
26 Oct, 23
25.76 42.07 9.91 24.98 13.69 12.07
9
Q V PT
526.5 0.30% 2,74,599 580.0
19 Jul, 24
375.0
26 Oct, 23
13.89 24.57 3.57 14.20 8.75 6.80
10
Q V PT
4,142 -2.05% 15,29,872 4,586
02 Sep, 24
3,313
01 Nov, 23
51.07 32.25 14.95 21.42 10.46 9.50
×
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Nifty IT - Today's Top Gainers

Company Name CMP Price Change(%)
5,450.303.98%
1,838.051.55%
1,643.301.42%
1,933.850.77%
6,383.500.63%

Nifty IT - Today's Top Losers

Company Name CMP Price Change(%)
4,141.65-2.05%

News about Nifty It

TCS - Quaterly Results

The revenue for the September 2024 quarter is pegged at Rs. 539900.00 millions, about 7.62% up against Rs. 501650.00 millions recorded during the year-ago period.A slim rise of 18.89% was recorded in the Net profit for the quarter ended September 2024 to Rs. 129940.00  millions  From Rs. 109290.00 millions.The company reported a good operating profit of 177430.00 millions compared to 155570.00 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 539900.00 501650.00 7.62 1068340.00 1000270.00 6.81 2023590.00 1903540.00 6.31
Other Income 31850.00 17550.00 81.48 56020.00 36580.00 53.14 72730.00 53280.00 36.51
PBIDT 177430.00 155570.00 14.05 347350.00 305960.00 13.53 631200.00 563250.00 12.06
Interest 1460.00 1340.00 8.96 2910.00 2720.00 6.99 6730.00 6950.00 -3.17
PBDT 175970.00 154230.00 14.10 344440.00 303240.00 13.59 614890.00 556300.00 10.53
Depreciation 10080.00 9790.00 2.96 19770.00 19480.00 1.49 38870.00 39400.00 -1.35
PBT 165890.00 144440.00 14.85 324670.00 283760.00 14.42 576020.00 516900.00 11.44
TAX 35950.00 35150.00 2.28 73580.00 69630.00 5.67 140430.00 125840.00 11.59
Deferred Tax -70.00 140.00 -150.00 -530.00 -270.00 96.30 -1350.00 -3620.00 -62.71
PAT 129940.00 109290.00 18.89 251090.00 214130.00 17.26 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(%) 32.86 31.01 5.97 32.51 30.59 6.29 31.19 29.59 5.42
10 Oct, 2024

All Indices


When to buy Bluechip stocks for highest returns?

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 4,142 15,29,872 32.25 14.95 21.42 51.07
Infosys Ltd. (L) Very Good 1,934 7,96,818 29.89 8.51 18.72 31.92
L&T Technology Services Ltd. (M) Very Good 5,207 54,943 42.07 9.91 24.98 25.76
LTIMindtree Ltd. (L) Very Good 6,384 1,87,890 41.16 9.03 25.87 24.99
Persistent Systems Ltd. (M) Very Good 5,450 80,745 68.95 16.06 42.21 24.37

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 5,450 80,745 82.03
HCL Technologies Ltd. (L) Very Good 1,838 4,91,173 43.49
Coforge Ltd. (M) Very Good 7,316 48,556 40.07
Tech Mahindra Ltd. (L) Very Good 1,643 1,58,522 31.90
Wipro Ltd. (L) Very Good 526.5 2,74,599 28.78
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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 6,384 1,87,890 41.16 9.03 25.87 30.33
Persistent Systems Ltd. (M) Very Good 5,450 80,745 68.95 16.06 42.21 23.88
Coforge Ltd. (M) Very Good 7,316 48,556 62.58 8.14 33.01 20.08
L&T Technology Services Ltd. (M) Very Good 5,207 54,943 42.07 9.91 24.98 13.69
Infosys Ltd. (L) Very Good 1,934 7,96,818 29.89 8.51 18.72 13.20

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 5,450 80,745 68.95 16.06 42.21 26.23
Coforge Ltd. (M) Very Good 7,316 48,556 62.58 8.14 33.01 14.72
LTIMindtree Ltd. (L) Very Good 6,384 1,87,890 41.16 9.03 25.87 14.02
Infosys Ltd. (L) Very Good 1,934 7,96,818 29.89 8.51 18.72 12.49
L&T Technology Services Ltd. (M) Very Good 5,207 54,943 42.07 9.91 24.98 12.07
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