The IT sector in India looks promising now more than ever. Investors looking to grow their revenue can consider this time by investing the right amount now. With investing platforms and stock trading providing easy access to traders, traders are now able to make more informed decisions about investing and take advantage of some of the best IT stocks in India. If you are looking to invest in them sometime this year, make sure you check out these top IT stocks.
Infosys
Infosys is one of the biggest information technology services in the country. It offers services related to telecommunications, banking, and finance and within the healthcare industry as well. The company does not just operate within India but also across the world. Infosys has also done incredibly well in the past five years. Its ROE is approximately 31.79% and the share price is approximately ₹1,501.75.
Tata Consultancy Services
Another company doing exceptionally well in the IT industry is TCS or Tata Consultancy Service. It offers services related to cloud computing, artificial intelligence, blockchain technology, artificial intelligence, etc. While most of the revenue for TCS within the BFSI segment contributes to the whole revenue it, they also have contributions from other parts of the world like the UK and North America. TCS also has a track record of doing exceptionally well over the past 5 years and TCS share price is ₹3,585.30.
Wipro
Headquartered in India, Wipro is one of the leading IT services managers that focuses on consulting, alongside other business processes. It also has an annual rate of 8% for 5 years approx. Not only that, it generates a value of 18% on the equity that’s invested within 5 years. The Wipro share price is ₹428.15.
Not just that, Wipro’s acquisitions and partnerships have also improved stock prices. By focusing on services and core businesses, it has grown and stayed within IT spaces. Doing this has allowed Wipro to get a bigger share of the market. Investors have been able to invest in IT stocks and have been able to pick the best stock investment platforms like Dhan.
Happiest Minds
If you want to go for a company that favors blockchain, artificial intelligence, digital process automation, robotics, etc, Happiest Minds is a great place to work. Not only do they have a great track record but also are one of the best IT stocks you need to take a close look at. Holding a good ROE, their share price now stands at ₹922.25.
Conclusion
The Indian IT sector offers you great opportunities to grow within in the market. If you are planning to grow your revenue in this thriving industry, now might be a good time for you. Online investing platforms and stock trading give you easy access to stocks, allowing investors to make better decisions, take advantage of the stocks, and grow your money in the long run. Which IT stock do you want to stay invested in? Comment down below and let us know.
