In the Stock market, there is thousands of companies are listed. These companies are grouped into sectors by their business activities. A sector is a group of stocks from the companies that handles in the same area of the economy. In stock market sectors are divided for the classification and comparison.
There are 233 Information technology companies are listed in Indian stock market. IT sector has seen strong growth compared to other sectors over the last few decades. it is the major pillar of the India’a economy. Indian Information Technology sector has a great potential due to strong demand for digital transformation, remote tech solutions and cloud migrations.
In today’s article we will check the Top 5 Information Technology sector stocks in India and their fundamentals. Here are the companies. These companies are considered as leader of Indian Information Technology sector with their strong performance.
- TCS – Tata Consultancy Services : This company was founded by Faquir Chand Kohli in 1968 in Mumbai. TCS is one of the largest IT services company in the world. It is the part of Tata Group. TCS operates in more than 50 counties and more than 6,00,000 employes works here.
| Stock Name | Tata Consultancy Services Limited |
| Share Price | ₹ 3,464.50 |
| Market Cap | ₹ 12,53,486.42 Cr |
| Number of Shares | 361.81 Cr |
| Face Value | ₹ 1 |
| Book Value | ₹ 206.83 |
| Promoter Holdings | 71.77 % |
| P/E | 26.08 |
| P/B | 16.75 |
| ROE | 65.56 % |
| ROCE | 86.42 % |
2. Infosys Limited : Infosys played a vital role in the rise of India’s software services industry. It was founded by Narayana murthy and 6 other engineers with the capital of 10,000 rupees in 1981 in Pune. After some days, the headquarters moved to the Bengaluru.
| Stock Name | Infosys Limited |
| Share Price | ₹ 1,562.80 |
| Market Cap | ₹ 6,49,220.46 Cr |
| Number of Shares | 415.42 Cr |
| Face Value | ₹ 5 |
| Book Value | ₹ 207.65 |
| Promoter Holdings | 14.6 % |
| P/E | 25.39 |
| P/B | 7.53 |
| ROE | 30.71 % |
| ROCE | 42.33 % |
3. HCL Technologies : Hindustan computers limited was founded by Shiv Nadar in 1976 in Delhi. It is the part of HCL group. HCL Technologies Limited was entered the software business in 1991.
| Stock Name | HCL Technologies Limited |
| Share Price | ₹ 1,637.55 |
| Market Cap | ₹ 4,44,376.23 Cr |
| Number of Shares | 271.37 Cr |
| Face Value | ₹ 2 |
| Book Value | ₹ 128.75 |
| Promoter Holdings | 60.81 % |
| P/E | 36.23 |
| P/B | 12.72 |
| ROE | 29.35 % |
| ROCE | 38.56 % |
4. WIpro : Wipro was founded in Mohamed Premji in Amalner in 1945. It was established as vegetable oil production company and later Azim Premji transformed into a global IT Services Company.
| Stock Name | Wipro Limited |
| Share Price | ₹ 249.70 |
| Market Cap | ₹ 2,61,716.34 Cr |
| Number of Shares | 1,048.12 Cr |
| Face Value | ₹ 2 |
| Book Value | ₹ 60.01 |
| Promoter Holdings | 72,73 % |
| P/E | 24.25 |
| P/B | 4.16 |
| ROE | 15.28 % |
| ROCE | 20.38 % |
5. Tech Mahindra : Tech mahindra was founded by Anand mahindra in pune in 1986.It began as a joint venture between mahindra company and British telecom. This company operates in over 90 countries in the world.
| Stock Name | Tech Mahindra Limited |
| Share Price | ₹ 1,572.20 |
| Market Cap | ₹ 1,53,941.11 Cr |
| Number of Shares | 97.91 Cr |
| Face Value | ₹ 5 |
| Book Value | ₹ 228.98 |
| Promoter Holdings | 35.01 % |
| P/E | 43.91 |
| P/B | 6.87 |
| ROE | 8.93 % |
| ROCE | 11.06 % |
Note : This Information is Only for education purpose. Investing and Trading in the stock market some risky. So, it is better to do your own research on the stocks before making any type of investments.