These IT Sector stocks rose over 80 per cent in just a month; do you have any?

These IT Sector stocks rose over 80 per cent in just a month; do you have any?

Kiran Shroff
/ Categories: Trending, Mindshare

The BSE Information Technology (IT) Index is up by 1.04 per cent in a day and down by 0.14 per cent in 1 month. 

On Friday, all the indices were trading in green. At the closing bell, BSE Sensex Index was up by 0.76 per cent at 61,112.44. The BSE Information Technology (IT) Index is up by 1.04 per cent in a day and down by 0.14 per cent in 1 month. 

The IT sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country’s GDP and public welfare. The IT industry accounted for 7.40 per cent of India’s GDP in FY22, and it is expected to contribute 10 per cent to India’s GDP by 2025. 

According to the National Association of Software and Service Companies (NASSCOM), the Indian IT industry’s revenue touched USD 227 billion in FY22, a 15.50 per cent YoY growth. 

According to Gartner estimates, IT spending in India is expected to increase to USD 101.80 billion in 2022 from an estimated USD 81.89 billion in 2021. The Indian software product industry is expected to reach USD 100 billion by 2025.  

Following are the IT Sector stocks that rose over 80 per cent in just 1 month:  

Company Name 

LTP (Rs) 

1 Month Returns (%) 

Avance Technologies Ltd 

0.63 

80 

COSYN Ltd 

30.48 

67.11 

Mahaveer Infoway Ltd 

8.50 

60.98 

Educomp Solutions Ltd 

2.10 

56.72 

T Spiritual World Ltd 

1.30 

52.94 

Nintec Systems Ltd 

405.70 

49.10 

Blue Cloud Softech Solutions Ltd

80.79 

46.17 

California Software Company Ltd

17.05 

41.73 

XT Global Infotech Ltd 

32.71 

40.81 

Saksoft Ltd 

200.55 

36.94 

Do you hold any of these stocks in your portfolio? 

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