In This Article:
In the last week, the Indian market has been flat, but it has risen 41% in the past 12 months with earnings forecasted to grow by 17% annually. In this context, identifying high growth tech stocks that can capitalize on these robust market conditions is crucial for investors looking to maximize their returns.
Top 10 High Growth Tech Companies In India
Name | Revenue Growth | Earnings Growth | Growth Rating |
---|---|---|---|
Tips Industries | 24.69% | 24.16% | ★★★★★★ |
Newgen Software Technologies | 21.66% | 22.51% | ★★★★★★ |
Sonata Software | 13.29% | 29.79% | ★★★★★☆ |
Happiest Minds Technologies | 22.15% | 22.22% | ★★★★★★ |
C. E. Info Systems | 29.94% | 26.97% | ★★★★★★ |
Netweb Technologies India | 33.65% | 35.61% | ★★★★★★ |
Sterlite Technologies | 21.41% | 101.08% | ★★★★★☆ |
Tejas Networks | 23.05% | 63.54% | ★★★★★☆ |
Avalon Technologies | 20.12% | 41.74% | ★★★★★☆ |
INOX Leisure | 17.73% | 66.63% | ★★★★★☆ |
Let's explore several standout options from the results in the screener.
Coforge
Simply Wall St Growth Rating: ★★★★★☆
Overview: Coforge Limited offers IT and IT-enabled services across multiple regions including India, the Americas, Europe, the Middle East and Africa, and the Asia Pacific, with a market cap of ?456.26 billion.
Operations: Coforge Limited generates revenue primarily through its Software Solutions segment, which reported earnings of ?93.59 billion. The company operates across various regions including India, the Americas, Europe, the Middle East and Africa, and the Asia Pacific.
Coforge's strategic collaboration with Salesforce to launch Coforge ENZO, an environmental and net-zero offering, highlights its commitment to sustainability and innovation. The company’s earnings are forecasted to grow 22.5% annually, outpacing the Indian market's 17.1%. Despite a slight dip in net income from ?1.65 billion to ?1.33 billion year-over-year, R&D expenses have been robustly managed, ensuring continued advancements in their tech solutions. This focus on high-quality earnings through innovative projects positions Coforge strongly within the competitive tech landscape in India.
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Take a closer look at Coforge's potential here in our health report.
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Explore historical data to track Coforge's performance over time in our Past section.
KPIT Technologies
Simply Wall St Growth Rating: ★★★★☆☆
Overview: KPIT Technologies Limited offers embedded software, artificial intelligence, and digital solutions for the automobile and mobility sector across various global regions, with a market cap of ?476.35 billion.
Operations: KPIT Technologies Limited specializes in providing embedded software, artificial intelligence, and digital solutions to the automobile and mobility sectors across various global markets. The company's revenue streams are primarily derived from these specialized services offered internationally.