Indian Software Potentially Undervalued Companies

Excelsoft Technologies

Market Cap: ₹10.3b

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

Mastek

Market Cap: ₹50.4b

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.

R Systems International

Market Cap: ₹31.4b

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

Mastek

Market Cap: ₹50.4b

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.

R Systems International

Market Cap: ₹31.4b

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

Excelsoft Technologies

Market Cap: ₹10.3b

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

Birlasoft

Market Cap: ₹89.3b

Provides software development and global IT consulting services in India, the Americas, Europe, the United Kingdom, and internationally.

Clio Infotech

Market Cap: ₹101.3m

An information technology (IT) company, provides software solutions and IT services for the insurance, capital market, and asset and wealth management industries in India.

Sonata Software

Market Cap: ₹73.4b

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.

Cambridge Technology Enterprises

Market Cap: ₹641.9m

A business and technology services company, provides IT solutions to enterprise services in India, the United States, the Middle East, and internationally.

Systango Technologies

Market Cap: ₹3.1b

Provides software solutions in India, the United Kingdom, and the United States.

Cambridge Technology Enterprises

Market Cap: ₹641.9m

A business and technology services company, provides IT solutions to enterprise services in India, the United States, the Middle East, and internationally.

OnMobile Global

Market Cap: ₹5.4b

Provides telecom value added services in India, Europe, Africa, Latin America, the United States, and internationally.

DiGiSPICE Technologies

Market Cap: ₹4.6b

Engages in the provision of tech-enabled local payments network services in India and internationally.

Adroit Infotech

Market Cap: ₹492.1m

Operates as an SAP consulting company in India and internationally.

GTL

Market Cap: ₹1.2b

Provides telecom network services.

HCL Technologies

Market Cap: ₹3.2t

Provides IT and business services, engineering, research and development services, software products, and IP-led offerings.

DRC Systems India

Market Cap: ₹2.2b

A software development company, engages in the provision of information technology (IT) services, consulting, and business solutions in India, the United Arab Emirates, and internationally.

DiGiSPICE Technologies

Market Cap: ₹4.6b

Engages in the provision of tech-enabled local payments network services in India and internationally.

Sonata Software

Market Cap: ₹73.4b

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.

GTL

Market Cap: ₹1.2b

Provides telecom network services.

Subex

Market Cap: ₹5.9b

Provides operations and business support systems to communication service providers (CSPs) worldwide.

Saksoft

Market Cap: ₹18.3b

An information technology company, provides digital transformation solutions in Europe, the United States, the Asia Pacific, and internationally.

CG-VAK Software and Exports

Market Cap: ₹981.0m

Through its subsidiaries, provides software services worldwide.

Palred Technologies

Market Cap: ₹579.2m

Engages in the e-commerce business in India.

Adroit Infotech

Market Cap: ₹492.1m

Operates as an SAP consulting company in India and internationally.

Canarys Automations

Market Cap: ₹1.2b

Provides IT solutions in India.

Infosys

Market Cap: ₹4.7t

Provides consulting, technology, outsourcing, and digital services worldwide.

Palred Technologies

Market Cap: ₹579.2m

Engages in the e-commerce business in India.

Birlasoft

Market Cap: ₹89.3b

Provides software development and global IT consulting services in India, the Americas, Europe, the United Kingdom, and internationally.

Hinduja Global Solutions

Market Cap: ₹19.2b

Provides business process management services in the United States, Canada, the United Kingdom, Europe, India, Philippines, and internationally.

Saksoft

Market Cap: ₹18.3b

An information technology company, provides digital transformation solutions in Europe, the United States, the Asia Pacific, and internationally.

B2B Software Technologies

Market Cap: ₹422.4m

Operates as a business solution implementation company in India.

Subex

Market Cap: ₹5.9b

Provides operations and business support systems to communication service providers (CSPs) worldwide.

Infosys

Market Cap: ₹4.7t

Provides consulting, technology, outsourcing, and digital services worldwide.

Zensar Technologies

Market Cap: ₹112.3b

A digital solutions and technology services company, provides technology consulting and system integration services in India, the Americas, Europe, Africa, and internationally.