IndiaCatalog.com
India News
Search Web Directory
News Home
18 IT stocks that outperformed TCS, Infosys shares in last 1 year; 6 scrips have doubled money
Posted on 7th April 2018
Indian stock markets have fared quite well in the last one year except the period beginning from February which has steered the benchmark indices Sensex and Nifty to drop by 8% from the respective all-time highs. In the last one year, there were many blue-chip stocks that have out done the returns of the key indices such as Titan Company, Avenue Supermarts and Maruti Suzuki. In the same period under review, many stocks from the sectors such as IT, FMCG, bank, real estate have also returned more than the record returns achieved by Sensex (30%).

Amid the aforementioned sectors, we take a look at 18 IT stocks that have outperformed the shares of India’s largest and second-largest companies TCS and Infosys, in terms of returns in the last one year. Adding to the euphoria, 6 shares from the stack of 18 have even doubled the investors’ money in the same time span.

Shares of Mastek, TVS Electronics, NIIT Technologies, Infinite Computer, L&T Infotech, Hexaware Technologies, Sasken Technologies, Sonata Software, Mindtree, Infibeam Incorporation, Aurionpro Solution, Zensar Technologies, KPIT, Nucleus Software, Mphasis, Genesys International Corporation, L&T Technology Services and Intellect Design have returned more than the shares of TCS and Infosys.

Shares of Mastek have emerged as the top performers among the deck. The stock of Mastek has jumped as high as 185% to Rs 564.1 from a share price level of Rs 197.95, a year earlier. Other stocks which have doubled/nearly doubled the investors’ money are TVS Electronics (up 134%), NIIT Technologies (up 113%), Infinite Computer (up 112%), L&T Infotech (up 95%), Hexaware Technologies (up 92%).

Other scrips that have outperformed the rise in the shares of Tata Consultancy Services and Infosys have grown in a range of 50% to 90% with the shares of Sasken Technologies, Sonata Software, Mindtree, Infibeam Incorporation, Aurionpro Solution, Zensar Technologies and KPIT surging between 70% and 90%.

The focus on IT stocks will grow in the coming days as Indian companies are all set to announce their respective earnings report card for the financial year 2017-2018 starting with Country’s second-biggest IT service provider Infosys on 13 April 2018.

Related Companies: Infosys Technologies Limited   TATA Consultancy Services ( TCS )   

Other Latest News
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019

Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.

Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade.


Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

On a weekly basis, the local unit slumped by 32 paise.


LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19.

Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai).


Apollo Hospitals rules out further stake sale
Posted on 13th September 2019
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here.

World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for 18 IT stocks that outperformed TCS, Infosys shares in last 1 year; 6 scrips have doubled money
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for 18 IT stocks that outperformed TCS, Infosys shares in last 1 year; 6 scrips have doubled money

Most Read News

More India News

  India Web Directory
Business Profiles
Yellow Pages
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2026 IndiaCatalog.com
    All Rights Reserved
Privacy Statement