Indian Software Potentially Undervalued Companies

Cambridge Technology Enterprises

Market Cap: ₹888.7m

A business and technology services company, provides service oriented architecture-based enterprise transformation and integration solutions and services in India, the United States, Qatar, Malaysia and the Philippines.

ObjectOne Information Systems

Market Cap: ₹112.4m

Provides technology consulting and software development services in India and internationally.

Tridhya Tech

Market Cap: ₹414.5m

Provides full-service software development services in India and internationally.

Inspirisys Solutions

Market Cap: ₹4.1b

Offers information technology services in India and internationally.

Cambridge Technology Enterprises

Market Cap: ₹888.7m

A business and technology services company, provides service oriented architecture-based enterprise transformation and integration solutions and services in India, the United States, Qatar, Malaysia and the Philippines.

Ace Alpha Tech

Market Cap: ₹1.8b

Provides a suite of trading systems to financial industry in India.

Dynacons Systems & Solutions

Market Cap: ₹13.3b

Provides IT solutions in India and internationally.

Dynacons Systems & Solutions

Market Cap: ₹13.3b

Provides IT solutions in India and internationally.

Mastek

Market Cap: ₹77.2b

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.

GTL

Market Cap: ₹1.6b

Operates as an infrastructure services company in India.

Sankhya Infotech

Market Cap: ₹364.3m

Sankhya Infotech Limited, together with its subsidiaries, provides simulation and training solutions in India and internationally.

GTL

Market Cap: ₹1.6b

Operates as an infrastructure services company in India.

Palred Technologies

Market Cap: ₹789.0m

Engages in the e-commerce business in India.

Expleo Solutions

Market Cap: ₹18.8b

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

IB Infotech Enterprises

Market Cap: ₹220.6m

Provides information technology enabled services in India.

Expleo Solutions

Market Cap: ₹18.8b

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

Mastek

Market Cap: ₹77.2b

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.

Palred Technologies

Market Cap: ₹789.0m

Engages in the e-commerce business in India.

Allied Digital Services

Market Cap: ₹10.2b

Designs, develops, deploys, and delivers end-to-end IT infrastructure services and digital solutions in India, the United States, the United kingdom, and internationally.

Hinduja Global Solutions

Market Cap: ₹28.6b

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

Inspirisys Solutions

Market Cap: ₹4.1b

Offers information technology services in India and internationally.

Sagarsoft (India)

Market Cap: ₹960.4m

Provides software development and related IT consultancy services in India and internationally.

Hinduja Global Solutions

Market Cap: ₹28.6b

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

Allied Digital Services

Market Cap: ₹10.2b

Designs, develops, deploys, and delivers end-to-end IT infrastructure services and digital solutions in India, the United States, the United kingdom, and internationally.

Birlasoft

Market Cap: ₹116.7b

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

Sonata Software

Market Cap: ₹121.3b

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.

Route Mobile

Market Cap: ₹60.5b

Provides cloud-communication platform services to enterprises, over-the-top players, and mobile network operators worldwide.

Tanla Platforms

Market Cap: ₹88.3b

Engages in the provision of cloud communication platforms as a service for mobile operators and enterprises in India and internationally.

Olatech Solutions

Market Cap: ₹913.5m

Provides data centre, enterprise, telecom, and information technology software solutions in the operations support system and business support system segments in India.

RateGain Travel Technologies

Market Cap: ₹55.0b

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

HCL Technologies

Market Cap: ₹4.2t

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

Tanla Platforms

Market Cap: ₹88.3b

Engages in the provision of cloud communication platforms as a service for mobile operators and enterprises in India and internationally.

Tech Mahindra

Market Cap: ₹1.4t

Provides information technology services and solutions in the Americas, Europe, India, and internationally.

Sonata Software

Market Cap: ₹121.3b

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.

Nucleus Software Exports

Market Cap: ₹29.6b

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.

Fidel Softech

Market Cap: ₹2.8b

Provides language technology and consultancy services in India and internationally.