IT Stocks to Buy: IT, technology, cables and financial technology-linked stocks continue to attract investor attention amid strong digitalisation trends, robust demand for technology services, infrastructure expansion and improving business prospects across sectors. According to analyst consensus data compiled by INDmoney, several stocks across large-cap, mid-cap and small-cap segments offer significant upside potential based on their target prices. Aurum PropTech tops the list with an estimated upside potential of 50.76 per cent, followed by Sterlite Technologies, Aurionpro Solutions, Oracle Financial Services Software, Finolex Cables and Ramco Systems.
The list includes companies from IT services, financial technology, cables and wires, digital infrastructure, real estate technology and business process management, highlighting opportunities across sectors benefiting from digital transformation, connectivity expansion, financial technology adoption and growing technology spending. Strong business pipelines, healthy demand, expanding digital infrastructure and improving growth prospects continue to support analysts’ positive outlook on several of these companies.
Here’s a look at these stocks, along with their current market prices (CMP), analyst ratings, target prices and the potential gains implied by analysts’ estimates.
- Eternal Ltd | Large Cap | Analyst Rating – BUY | CMP – Rs 327.15 | Target Price – Rs 372 | Upside Potential – 13.71%
- Tech Mahindra Ltd | Large Cap | Analyst Rating – BUY | CMP – Rs 1,584 | Target Price – Rs 1,645 | Upside Potential – 3.85%
- Polycab India Ltd | Large Cap | Analyst Rating – BUY | CMP – Rs 9,054 | Target Price – Rs 10,178 | Upside Potential – 12.41%
- Oracle Financial Services Software Ltd | Mid Cap | Analyst Rating – BUY | CMP – Rs 11,518 | Target Price – Rs 14,350 | Upside Potential – 24.59%
- Info Edge (India) Ltd | Mid Cap | Analyst Rating – BUY | CMP – Rs 1,349 | Target Price – Rs 1,480 | Upside Potential – 9.71%
- Coforge Ltd | Mid Cap | Analyst Rating – BUY | CMP – Rs 1,873 | Target Price – Rs 1,940 | Upside Potential – 3.58%
- KEI Industries Ltd | Mid Cap | Analyst Rating – HOLD | CMP – Rs 5,494 | Target Price – Rs 5,918 | Upside Potential – 7.72%
- Sterlite Technologies Ltd | Small Cap | Analyst Rating – BUY | CMP – Rs 658.50 | Target Price – Rs 860 | Upside Potential – 30.60%
- Firstsource Solutions Ltd | Small Cap | Analyst Rating – BUY | CMP – Rs 272.50 | Target Price – Rs 310 | Upside Potential – 13.76%
- Finolex Cables Ltd | Small Cap | Analyst Rating – BUY | CMP – Rs 1,291.60 | Target Price – Rs 1,505 | Upside Potential – 16.53%
- Aurionpro Solutions Ltd | Small Cap | Analyst Rating – BUY | CMP – Rs 708.60 | Target Price – Rs 900 | Upside Potential – 27.00%
- Ramco Systems Ltd | Small Cap | Analyst Rating – HOLD | CMP – Rs 570.05 | Target Price – Rs 700 | Upside Potential – 22.80%
- Aurum PropTech Ltd | Small Cap | Analyst Rating – BUY | CMP – Rs 232.17 | Target Price – Rs 350 | Upside Potential – 50.76%
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
Akshat Mittal is the Chief Copy Editor at ET NOW with over 6 years of experience, specialising in Markets, Personal Finance, and General News. Before joining ET NOW, he worked with prominent media organisations and has reported on numerous major events firsthand.
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