Infosys And 2 Other High Growth Tech Stocks In India
In This Article:
Over the last 7 days, the Indian market has dropped 4.2%, yet it has risen by 40% over the past year with earnings forecasted to grow by 18% annually. In this context, identifying high growth tech stocks like Infosys and others involves evaluating their potential to capitalize on robust earnings growth amidst fluctuating market conditions.
Top 10 High Growth Tech Companies In India
| Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
| Tips Music | 25.09% | 23.58% | ★★★★★★ |
| Newgen Software Technologies | 21.66% | 21.71% | ★★★★★★ |
| Coforge | 16.80% | 30.88% | ★★★★★☆ |
| Sonata Software | 13.45% | 29.64% | ★★★★★☆ |
| Firstsource Solutions | 12.35% | 20.03% | ★★★★★☆ |
| C. E. Info Systems | 29.31% | 26.39% | ★★★★★★ |
| Netweb Technologies India | 34.85% | 39.12% | ★★★★★★ |
| GFL | 44.50% | 49.42% | ★★★★★☆ |
| Sterlite Technologies | 21.41% | 101.08% | ★★★★★☆ |
| INOX Leisure | 17.73% | 66.63% | ★★★★★☆ |
We'll examine a selection from our screener results.
Coforge
Simply Wall St Growth Rating: ★★★★★☆
Overview: Coforge Limited is a company that offers information technology and IT enabled services across various regions including India, the Americas, Europe, the Middle East and Africa, and the Asia Pacific, with a market capitalization of ?513.71 billion.
Operations: The company generates revenue primarily from its Software Solutions segment, which accounts for ?101.45 billion.
Coforge, a player in India's tech landscape, is navigating an evolving market with strategic agility. The firm's revenue growth forecast at 16.8% annually surpasses the Indian market average of 10%, reflecting robust business expansion strategies. Earnings are also expected to surge by 30.9% annually, outpacing the broader Indian market's forecast of 17.5%. This financial trajectory is supported by recent performance metrics: Q2 sales jumped to INR 30,623 million from INR 22,762 million year-over-year. Additionally, Coforge is enhancing its service offerings through partnerships like the one with Salesforce on the ENZO project, focusing on sustainability solutions—an area of increasing relevance and potential revenue growth in tech sectors globally.
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Click here to discover the nuances of Coforge with our detailed analytical health report.
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Review our historical performance report to gain insights into Coforge's's past performance.
Persistent Systems
Simply Wall St Growth Rating: ★★★★★☆
Overview: Persistent Systems Limited offers software products, services, and technology solutions across India, North America, and globally with a market capitalization of ?836.04 billion.
Operations: The company generates revenue primarily through its software products and technology solutions offered in India, North America, and internationally. Its business model focuses on delivering a diverse range of services that cater to various sectors.