In This Article:
Over the last 7 days, the Indian market has remained flat, although it is up 45% over the past year and earnings are expected to grow by 17% per annum over the next few years. In this dynamic environment, identifying high growth tech stocks such as Cyient DLM and others can be crucial for investors looking to capitalize on India's robust economic trajectory.
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 | 21.99% | 21.80% | ★★★★★★ |
Sonata Software | 13.29% | 29.79% | ★★★★★☆ |
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% | ★★★★★☆ |
We're going to check out a few of the best picks from our screener tool.
Cyient DLM
Simply Wall St Growth Rating: ★★★★★☆
Overview: Cyient DLM Limited offers electronic manufacturing solutions both in India and internationally, with a market cap of ?59.74 billion.
Operations: Specializing in electronic manufacturing solutions, Cyient DLM Limited generated a revenue of ?12.33 billion from this segment. The company operates both domestically and internationally, leveraging its expertise to serve a diverse client base.
Cyient DLM's earnings are projected to grow at an impressive 37.8% annually, significantly outpacing the Indian market's 17% forecast. Their revenue is expected to rise by 23.1% per year, driven by strategic contracts like the recent Boeing deal for the 787 Dreamliner's Battery Diode Module production. The company's R&D expenses of ?2 billion underscore a commitment to innovation in aerospace and defense sectors, positioning them well within India's high-growth tech landscape.
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Unlock comprehensive insights into our analysis of Cyient DLM stock in this health report.
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Understand Cyient DLM's track record by examining our Past report.
C. E. Info Systems
Simply Wall St Growth Rating: ★★★★★★
Overview: C. E. Info Systems Limited offers digital mapping, geospatial software, and location-based Internet of Things (IoT) technology solutions in India, with a market cap of ?113.83 billion.
Operations: The company generates revenue primarily from its Map Data and Map Data Related Services, including GPS Navigation, Location-Based Services, and IoT solutions, amounting to ?3.92 billion. The focus is on leveraging digital mapping and geospatial software for diverse applications in India.