Indian Software Top Stock Picks from Analysts

Intellect Design Arena

Market Cap: ₹96.5b

Engages in the development, marketing, and sale of integrated banking software systems in India and internationally.

Newgen Software Technologies

Market Cap: ₹63.4b

A software company, engages in the business of software product development in India, Europe, the Middle East, Africa, the Asia Pacific, Australia, and the United States.

R Systems International

Market Cap: ₹32.5b

A digital product engineering company, designs and builds chip-to-cloud software products and platforms.

Zaggle Prepaid Ocean Services

Market Cap: ₹28.7b

Zaggle Prepaid Ocean Services Limited builds financial products and solutions to manage the business expenses of corporates, small and medium-sized enterprises, and startups through automated workflows.

Protean eGov Technologies

Market Cap: ₹22.1b

Provides information technology (IT) enabled e-governance services in India.

Nucleus Software Exports

Market Cap: ₹20.9b

Provides lending and transaction banking products to the financial services industry in India, the Far East, South East Asia, Europe, the Middle East, Africa, Australia, and internationally.

Ramco Systems

Market Cap: ₹14.8b

Operates as an enterprise software company in the United States, Europe, the Asia-Pacific, India, and the Middle East, and Africa.

Aurum PropTech

Market Cap: ₹13.4b

Engages in the business of software development for real estate and other services in India.

Excelsoft Technologies

Market Cap: ₹10.2b

Provides software as a service (SaaS) products and services to the education and testing in India.

Allied Digital Services

Market Cap: ₹7.0b

Designs, develops, deploys, and delivers end-to-end IT infrastructure services and digital solutions in India, rest of Asia, the United States, Australia, Europe, and the Middle East.