Indian Software Top Stock Picks from Analysts

Intellect Design Arena

Market Cap: ₹94.6b

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

Newgen Software Technologies

Market Cap: ₹67.6b

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.

C. E. Info Systems

Market Cap: ₹67.5b

Provides digital mapping, geospatial, and Internet of Things (IoT) platform solutions in India and internationally.

Tanla Platforms

Market Cap: ₹62.0b

Provides cloud communication platforms as a service solution to enterprises in India and internationally.

Happiest Minds Technologies

Market Cap: ₹55.8b

Provides information technology (IT) solutions and services in India, the Americas, Australia, Europe, Asia, the Middle East, and Africa.

Mastek

Market Cap: ₹54.3b

Engages in the provision of enterprise technology solutions in India, the United Kingdom, Europe, North America, Middle East region, South-east Asia, India, Singapore, Australia, and internationally.

Aurionpro Solutions

Market Cap: ₹50.1b

Provides technology solutions in India, Asia-Pacific, and internationally.

Zaggle Prepaid Ocean Services

Market Cap: ₹38.4b

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.

R Systems International

Market Cap: ₹38.0b

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

Protean eGov Technologies

Market Cap: ₹25.7b

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

Expleo Solutions

Market Cap: ₹13.2b

Primarily provides software validation and verification services to the banking, financial services, and insurance industries worldwide.

Aurum PropTech

Market Cap: ₹11.3b

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

Unicommerce eSolutions

Market Cap: ₹11.2b

Provides a suite of software-as-a-service products in India and internationally.

Allied Digital Services

Market Cap: ₹6.7b

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.