1. These 5 IT stocks have outperformed TCS, Infosys, Wipro, HCL Tech in the last 6 months

These 5 IT stocks have outperformed TCS, Infosys, Wipro, HCL Tech in the last 6 months

While share prices of IT majors such as TCS, Infosys, Wipro and HCL Technologies are languishing, there are other lesser know companies which have outperformed these IT majors stock price performance in the last six months. Here are 5 such companies.

By: | Updated: June 16, 2017 4:22 PM
While share prices of IT majors such as TCS, Infosys, Wipro and HCL Technologies are languishing, there are other lesser know companies which have outperformed these IT majors’ stock price performance in the last six months. (Image: Reuters)

While share prices of IT majors such as TCS, Infosys, Wipro and HCL Technologies are languishing due to strong headwinds of reducing client spends, falling margins, slowing growth and restrictive visa policies, there are other lesser known companies which have outperformed these IT majors’ stock price performance in the last six months.

While the BSE IT index has given a negative return of 0.10% in the last six months, these IT majors, namely TCS, Infosys, Wipro and HCL Technologies have returned 6.45%, -5.09%, 9.58% and 0.82% returns on a closing basis.

Here are a few details about five such companies:

Mastek

This company builds, re-engineers, maintains and manages enterprise-grade business applications for the insurance and government sectors. Mastek offers both IP led product platforms and domain aware services and has expertise in working on large scale modernisation programmes with determinate and predictable outcomes.

The shares of this company have given 58.71% returns on the BSE in the last 6 months. The current market price of Mastek shares is Rs 274.95.

Polaris Consulting

This company is one of the leading digital transformation companies in the world with particular emphasis on the Financial Services industry. Polaris Consulting has built and operated Universal Digital Channel (UDC) platforms for some of the biggest banks.

The shares of this company have given 58.25% returns on the BSE in the last 6 months. The current market price of Polaris Consulting shares is Rs 239.10.

Aptech

Aptech Computer Education is a premier IT education Institute that was established in 1986. It is a pioneer in IT software & hardware training and has trained 68 lakh students in over 40 countries.

The shares of this company have given 36.65% returns on the BSE in the last 6 months. The current market price of Aptech shares is Rs 231.30.

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NIIT Technologies

NIIT Technologies serves clients across major continents, providing IT solutions in travel and transportation, banking and financial services, insurance, manufacturing, and media verticals, offering a range of services, including application development and maintenance, infrastructure management, and business process management. The company is focused on digital services and is helping businesses design agile, scalable, and digital operating models.

The shares of this company have given 33.83% returns on the BSE in the last 6 months. The current market price of NIIT Technologies shares is Rs 565.60.

Nucleus Software Export Ltd

Nucleus Software Export Ltd provides lending and transaction banking products to the global financial services industry. Its software powers the operations of more than 150 companies in over 50 countries, supporting retail lending, corporate banking, cash management, mobile and internet banking, automotive finance and other business areas.

The shares of this company have given 23.00% returns on the BSE in the last 6 months. The current market price of Mastek shares is Rs 336.00.

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