Nifty IT index rallies over 1 per cent: Check out these 10 IT stocks owned by super investors, 4 stocks from Mukul Agrawal’s portfolio inside

One stock from Mukul Agrawal’s portfolio has delivered an impressive multibagger return of around 200 per cent in the past year.

Today, the Nifty IT Index rallied over 1 per cent, getting good support from its support level. Today Nifty IT Index opened at 34,682.60 compared to yesterday's closing levels of 34,793.95. During the intraday session, it reached highs and lows of 35,289.70 and 34,626.20, respectively. At the time of writing this article, it is trading around the 35,252.90 level. Earlier in January 2024, the index was trading at the same levels and rallied around 12 per cent from this support. Today, it again showcased good bullishness after consolidating for six trading sessions.

Taking advantage of this situation, it would be beneficial to examine IT stocks where prominent investors have made significant investments. Identifying companies where these savvy investors have deployed a substantial amount of capital and acquired a significant stake during this bullish phase could present valuable opportunities.

These super investors, known for their extensive experience and astute market insights, have a proven track record of making wise investment decisions. The growing ownership by these influential investors tends to attract attention from analysts and media, leading to increased coverage of these companies. Consequently, this heightened visibility may generate additional interest from investors, potentially driving up the stock prices further. 

In this article, we are going to explore 10 stocks in the IT sector where super investors hold a substantial stake. We will also provide information on their ownership in the company based on recent quarter data, along with stock performance during the past one year. Furthermore, one stock from Mukul Agrawal’s portfolio has delivered an impressive multibagger return of around 200 per cent in the past year.

All the investors mentioned above have vast knowledge, rich experience, and a well-qualified team that can perform a thorough analysis before buying a stake in any company. Buying these stocks solely because these investors have purchased them requires consideration of other parameters as well, such as financial parameters, business outlook, and management, before investing in these companies.

Also Read: Under Rs 50: Shares of this solar company rally 10 per cent and hits the upper circuit

Stocks in Which Super Investors Have Investments:

Investors must keep these stocks on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.