Exploring Coforge And 2 Other High Growth Tech Stocks in India
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Over the last 7 days, the Indian market has remained flat, but over the past 12 months, it has risen by an impressive 43%, with earnings expected to grow by 17% per annum over the next few years. In this context, identifying high growth tech stocks like Coforge and others becomes crucial for investors looking to capitalize on these favorable conditions.
Top 10 High Growth Tech Companies In India
| Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
| Tips Industries | 24.69% | 24.16% | ★★★★★★ |
| Newgen Software Technologies | 21.83% | 22.72% | ★★★★★★ |
| Happiest Minds Technologies | 22.15% | 22.22% | ★★★★★★ |
| Coforge | 14.16% | 22.47% | ★★★★★☆ |
| C. E. Info Systems | 29.94% | 26.97% | ★★★★★★ |
| Netweb Technologies India | 33.65% | 35.61% | ★★★★★★ |
| Syrma SGS Technology | 21.85% | 31.90% | ★★★★★☆ |
| Sterlite Technologies | 21.41% | 101.08% | ★★★★★☆ |
| Tejas Networks | 23.05% | 63.54% | ★★★★★☆ |
| INOX Leisure | 17.73% | 66.63% | ★★★★★☆ |
Let's dive into some prime choices out of from the screener.
Coforge
Simply Wall St Growth Rating: ★★★★★☆
Overview: Coforge Limited provides IT and IT-enabled services across various regions, including India, the Americas, Europe, the Middle East and Africa, and the Asia Pacific, with a market cap of ?436.93 billion.
Operations: Coforge Limited generates revenue primarily from its software solutions segment, which amounted to ?93.59 billion. The company operates within the IT and IT-enabled services industry across multiple global regions.
Coforge's collaboration with Salesforce to launch ENZO, an environmental and net zero offering, highlights its commitment to innovation in sustainability. The company's earnings are projected to grow at 22.5% annually, outpacing the Indian market's 16.9% growth forecast. With revenue expected to rise by 14.2% per year and a strong focus on R&D investments—totaling ?1.5 billion last year—Coforge is well-positioned for future growth in the tech sector while addressing critical environmental challenges through advanced AI solutions.
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Delve into the full analysis health report here for a deeper understanding of Coforge.
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Review our historical performance report to gain insights into Coforge's's past performance.
Firstsource Solutions
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Firstsource Solutions Limited provides tech-enabled business processes in the United Kingdom, the United States, Asia, and internationally with a market cap of ?220.53 billion.
Operations: The company generates revenue primarily from four segments: Healthcare (?22.27 billion), Banking and Financial Services (BFS) (?25.11 billion), Communication, Media and Technology (CMT) (?14.76 billion), and Diverse Industries (?3.75 billion). The BFS segment is the largest contributor to revenue, followed by Healthcare and CMT.