IT Stocks and Companies in India

The largest IT stocks in India by market value are TCS (₹9.04 lakh crore), Infosys (₹4.79 lakh crore) and HCL Tech (₹3.91 lakh crore), at prices of 6 Nov 2026.

• TCS: ₹2,498.50 | market value ₹9.04 lakh crore | P/E 16.6
• Infosys: ₹1,181.40 | market value ₹4.79 lakh crore | P/E 15.2
• HCL Tech: ₹1,440 | market value ₹3.91 lakh crore | P/E 20.5
• Wipro: ₹198 | market value ₹1.96 lakh crore | P/E 14.9
• Tech Mahindra: ₹1,831 | market value ₹1.8 lakh crore | P/E 31.4
• LTM: ₹4,338 | market value ₹1.29 lakh crore | P/E 23.0
• Coforge: ₹2,076 | market value ₹92,204 crore | P/E 42.4
• Mphasis: ₹2,520 | market value ₹48,119 crore | P/E 24.8
• Hexaware Technologies: ₹503.50 | market value ₹30,765 crore | P/E 20.2
• IDream Film Infrastructure Company: ₹467.35 | market value ₹12,644 crore | P/E 9791.2

The other 59 IT companies are in the full list below.

Share price | market value | P/E, biggest first. Prices, market values and ratios at the official close of 6 Nov 2026; the score list below uses the weekly figures.

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 30 Oct 2026.

The largest 15 of 69 listed Indian IT - Software companies are named here; all 69 are ranked in the scorecard. This is the set of companies people mean when they search for a Nifty IT - Software index; NSE publishes its own indices only for the largest sectors, so this equal-weighted set stands in for one.

1. Tata Consultancy Services Ltd₹9.1 lakh cr
2. Infosys Ltd₹4.8 lakh cr
3. HCL Technologies Ltd₹3.9 lakh cr
4. Wipro Ltd₹2 lakh cr
5. Tech Mahindra Ltd₹1.8 lakh cr
6. LTM Ltd₹1.3 lakh cr
7. Coforge Ltd₹92,300 cr
8. Mphasis Ltd₹48,200 cr
9. Hexaware Technologies Ltd₹30,700 cr
10. IDream Film Infrastructure Company Ltd₹12,600 cr
11. Zensar Technologies Ltd₹12,200 cr
12. ASM Technologies Ltd₹9,180 cr
13. Birlasoft Ltd₹9,040 cr
14. Tanla Platforms Ltd₹8,700 cr
15. Sonata Software Ltd₹6,270 cr

The remaining 54 IT - Software companies are named and ranked in the scorecard.

68 IT companies in the IT - Software industry group have a page on Sector Alpha, by market value as of 30 October 2026, and all 68 are listed below, largest first. The largest is Tata Consultancy Services (₹9.05 lakh crore) and the smallest with a market value is ERP Soft Systems.

Download all 68 IT companies (CSV)

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this sector is 30% ahead of NIFTY 500. Earnings across its companies grew 12% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 29 weeks running.

Price and the fundamentals both up. 16 of the 62 companies with a long enough price record pass the momentum test (5+ points ahead of the Nifty 500 over 3 months, within 20% of the 52-week high). 3 are 20% or more behind over a year while earnings grew 20% or more.

Ahead of NIFTY 500 on the three-month view for 29 weeks running; 30 of the 62 companies in the industry index above their 200-day average (4 more than four weeks earlier); 16 of those 62 pass the momentum test (2 more than four weeks earlier); earnings rising at 45 of the 59 that report earnings.

Ahead of NIFTY 500 for 29 weeks running, participation still rising at 14 → 16 of 62. Earnings confirming, 45 of 59 members have higher trailing twelve-month earnings than a year ago.

Both lines start at 200 in the same week, so the gap between them tells the story: the sector line is an equal-weighted index of 62 of its 69 companies (the 7 with too short a price record are ranked in the scorecard but cannot sit in this line). The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the sector taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

IT - Software has done better than the NIFTY 500 by 2.8% over the last 52 weeks. Over 13 weeks the gap is a lead of 6.7%. NINtec Systems Ltd is the strongest against the sector itself at +57.5%. Readings are as of 30 October 2026.

Relative-strength score for the industry: 65.6 as of 30 October 2026 (broadening, falling).

IT - Software has done better than the NIFTY 500 by 2.8% over 52 weeks and by 6.7% over 13 weeks. 15 of 69 companies we track are beating the NIFTY on relative strength (how a share price has done against the index over recent months) (12 have no relative-strength reading yet), and 9 of the 30 with a long enough price history are ahead of the industry itself.

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Coforge Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 100% evidence confidence.

Xchanging Solutions Ltd scores well on valuation against its peers or its own history, but its earnings have not yet improved enough to back that up.

Ranked last: too little evidence (13 companies)

Under 60% of the evidence behind these scores is available, so they rank after every company above, whatever the score.

Kody Technolab Ltd has the strongest one-year price move in IT - Software at +160.4%. Sancode Technologies Ltd leads on relative strength against the NIFTY, at +225.7%. 26 of 69 companies we track are ahead of the index on that measure (12 have no relative-strength reading yet). Every line covers 313 weekly closes through 30 October 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs NIFTY 500: How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against IT - Software itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

Biggest one-year moves

Strongest against NIFTY 500

Strongest against the sector itself

19 of 68 IT - Software companies held a results call for July to September 2026. Seshaasai Technologies guided: FY27 IoT revenue growth 45% over FY26 revenue goal reaffirmed.

14 more IT - Software calls held for July to September 2026 are not shown here, to keep the page fast.

From the results calls for July to September 2026.

Big funds, foreign and Indian, cut their stake by 0.5 points over the last two quarters. Founders and promoters cut theirs by 0.4 points.

• Spending on new plants and equipment was ₹29,989 crore in the last 12 months, 12% more than a year before.
• Projects still being built grew 11% in a year.
• 1 IT - Software call in the last quarters talked about adding capacity.

Big funds = foreign and Indian institutions, change in their share of ownership across 74 IT - Software companies, in percentage points.

Ownership and spending as of 10 October 2026.

This is the written read behind the IT - Software figures above: what is actually happening in the industry, in words, with the evidence each claim rests on. It is dated 28 Jul 2026, so the words are older than the numbers. 5 themes are live here, 2 of them rated high severity.

The sector shows revenue expansion but margin fragility due to labor costs. Order books provide near-term cover, but regulatory and geopolitical headwinds persist. MASTEK and SAHANA demonstrate better visibility, while 63MOONS and 504375 face operational and legal challenges.

The IT - Software sector displays mixed performance across the 10 constituents analyzed for the week ending 17 July 2026. Revenue growth varies widely, ranging from −8.76% to 883.4% YoY, reflecting diverse business models from pure software services to hardware-integrated solutions.

How old this read is: OLD: this read comes from our IT - Software sector brief dated 28 Jul 2026, about 3 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.

What is live in this sector right now

Sources: our IT - Software sector brief, 28 Jul 2026 · company earnings-call transcripts.

Tata Consultancy Services Ltd has the highest Revenue among the 69 IT - Software companies compared here, at ₹2,83,248 crore. Infosys Ltd is next at ₹1,89,336 crore. String Metaverse Ltd has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Tata Consultancy Services Ltd is the largest at ₹2,83,248 crore, 49.6% ahead of Infosys Ltd. String Metaverse Ltd's growth is capped at 100% on the scoring scale; the full change over the last 12 months is 126.4% from a ₹1,261 crore base, with 14 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

What this means: Tata Consultancy Services Ltd is the size to compare against; String Metaverse Ltd is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: Tata Consultancy Services Ltd's growth falls below String Metaverse Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenue · company comparison

Revenue · largest

Revenue growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

TAC Infosec Ltd has the highest OPM among the 69 IT - Software companies compared here, at 48.2%. RNIT AI Solutions Ltd is next at 41.4%. 63 Moons Technologies Ltd has the highest Margin change at +366 percentage points, so level and change sit with different companies. 69 of 69 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: TAC Infosec Ltd leads opm at 48.2%; 63 Moons Technologies Ltd leads margin change at +366 percentage points.

What this means: TAC Infosec Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

Operating margin · company comparison

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

Tata Consultancy Services Ltd has the highest Net profit among the 69 IT - Software companies compared here, at ₹51,858 crore. Infosys Ltd is next at ₹30,788 crore. Capillary Technologies India Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Tata Consultancy Services Ltd earns the most, ₹51,858 crore of profit over the last 12 months, 68.4% above Infosys Ltd. Capillary Technologies India Ltd shows at least 100% on the scoring scale (201.8% in full) growth from a profit base of ₹64 crore. A fast rate from a small base matters less than a large profit that keeps coming.

What this means: Tata Consultancy Services Ltd sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profit · company comparison

Net profit · largest