Indian Software Top Stock Picks from Analysts

Coforge

Market Cap: ₹387.5b

Provides information technology (IT) and IT-enabled services in India, the Americas, Europe, the Middle East and Africa, India, and the Asia Pacific.

KPIT Technologies

Market Cap: ₹183.5b

Provides embedded software, artificial intelligence, and digital solutions for the automobile and mobility sector in the Americas, the United Kingdom, rest of Europe, and internationally.

Intellect Design Arena

Market Cap: ₹88.8b

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

Cyient

Market Cap: ₹86.0b

Provides geospatial, engineering design, manufacturing, networks and operations, data transformation, and analytic services in North America, Europe, Middle East, and the Asia Pacific.

Sonata Software

Market Cap: ₹61.2b

Provides information technology services and solutions in the United States, Europe, the Middle East, the Asia Pacific, the United Kingdom, Australia, New Zealand, and Ireland.

Newgen Software Technologies

Market Cap: ₹60.8b

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.

RateGain Travel Technologies

Market Cap: ₹56.6b

A software as a service (SaaS) company, provides solutions for hospitality and travel industries in India, North America, the Asia-Pacific, Europe, and internationally.

Tanla Platforms

Market Cap: ₹55.6b

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

C. E. Info Systems

Market Cap: ₹47.3b

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

Mastek

Market Cap: ₹45.4b

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: ₹42.1b

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

R Systems International

Market Cap: ₹30.2b

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

Zaggle Prepaid Ocean Services

Market Cap: ₹29.2b

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.

Route Mobile

Market Cap: ₹28.4b

Provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally.

Nucleus Software Exports

Market Cap: ₹20.4b

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.

Protean eGov Technologies

Market Cap: ₹19.9b

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

Ramco Systems

Market Cap: ₹13.6b

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: ₹12.7b

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

iValue Infosolutions

Market Cap: ₹12.0b

Operates as an enterprise technology solutions provider in India, Singapore, Bangladesh, Sri Lanka, Nepal, Cambodia, UAE, Kenya, and Bhutan.

Unicommerce eSolutions

Market Cap: ₹9.5b

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

Excelsoft Technologies

Market Cap: ₹8.6b

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

Allied Digital Services

Market Cap: ₹5.5b

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.