Returns generated by Indian IT stocks in 2021

The 2021 rewind of returns that were generated by Indian IT stocks.

Returns generated by Indian IT stocks in 2021

The IT sector is one of the major sectors in the Indian industry and also the largest driver of export revenue. It currently contributes 7.7% towards the country’s GDP, and this figure is expected to touch 10% by 2025. With a 38% market share of an estimated size of USD 185-190 billion, India is the leading outsourcing destination in the world. 

Here are some investing tips for IT sector stocks, with a list of top gainers of 2021:

Some investing tips

Tata Consultancy Services Ltd 

Tata Consultancy Services Ltd. stocks are one of the best IT stocks in India to invest in. Its 52-week low currently is Rs 2701, while the 52-week high is Rs 3990. The stock has increased by 23.95% since last year, from Rs 3215 to Rs 3992. 

Infosys Ltd 

Infosys occupies the second spot. The company’s net worth is currently Rs 3,91,480 crore. If we take a look at its returns chart for the year 2021, we can see that it registered a 52-week low of Rs 1230 and a 52-week high of Rs 1933. The company’s market cap increased by 46.29% in the past year. 

Also Read: Best Indian IT Stocks For Long-Term Returns

HCL Technologies Ltd 

If you are wondering which share will give high returns in 2021, then you need to take a look at the performance of this popular IT company. Currently, the company’s shares show a 52-week low of Rs 890 and a 52-week high of Rs 1377. 

Wipro Ltd 

While on top of the IT industry in India, the 52-week low of Wipro is Rs 398, and its 52-week high is Rs 739.8. The company’s net market capitalisation currently stands at Rs 157,718.51 crore. 

Tech Mahindra Ltd 

This A-listed IT company commands a net worth of Rs 72,289.41 crore. Its 52-week low is Rs 471.40, and its 52-week high is Rs 845.90. Investors thus receive a dividend of 2 per cent. Its market cap for the past year indicates that it has grown by 66.43%.

Also Read: Ideal Stocks To Invest For Beginners

Larsen & Toubro Infotech Ltd 

Larsen & Toubro is one of the leading performers in the IT industry in India. The company has a net worth of Rs 43,172.93 crore, and its trading volume of shares is quite high. Its 52-week low is Rs 3526, and its 52-week high is Rs 7595. 

Mindtree Ltd 

The company has a net worth of Rs 19,652.61 crore. Its 52-week low is Rs 1540, and its 52-week high is Rs 5059. Also, its market cap has grown by a whopping 160.33% in the past year. 

Mphasis Ltd 

The net worth of this leading IT company in the Indian stock markets is Rs 21,340.14 crore. Shareholders receive a dividend of 3.06%. Its 52-week high is Rs 3660, and its 52-week low is Rs 1399. Its market cap has grown by 2.48% in the past year. 

Also Read: Best Dividend Paying Stocks In India

L&T Technology Services Ltd 

The current market capitalisation of this company stands at Rs 16,338.60. The 52-week low recorded is Rs 2301, and the 52-week high is Rs 5958. Its market cap has grown by a sizeable 128.25% in one year. 

Oracle

If we look at returns generated by IT stocks, Oracle is one company that won’t disappoint. Currently, its 52-week low is Rs 2933, and its 52-week high is Rs 5145. Its current market capitalisation is Rs 25,621.33 crore. Its market cap in the past one year has grown by 18.55%. 

NEWSLETTER

Related Article

Premium Articles