The market has climbed by 3.4% over the past week, with every sector up and the Financials sector leading. In the last year, the market has climbed 44%.
Earnings are forecast to grow by 17% annually. In such a dynamic environment, identifying high growth tech stocks that align with these robust market conditions can be crucial for investors looking to capitalize on India's burgeoning technology sector. Top 10 High Growth Tech Companies In India Name Revenue Growth Earnings Growth Growth Rating Tips Industries 24.
69% 24.16% ★★★★★★ Newgen Software Technologies 21.83% 22.
72% ★★★★★★ Sonata Software 13.29% 29.79% ★★★★★☆ Happiest Minds Technologies 21.
99% 21.80% ★★★★★★ C. E.
Info Systems 29.94% 26.97% ★★★★★★ Netweb Technologies India 33.
65% 35.61% ★★★★★★ Sterlite Technologies 21.41% 101.
08% ★★★★★☆ Tejas Networks 23.05% 63.54% ★★★★★☆ Avalon Technologies 20.
10% 41.52% ★★★★★☆ INOX Leisure 17.73% 66.
63% ★★★★★☆ Here's a peek at a few of the choices from the screener. ★★★★★★ Happiest Minds Technologies Limited offers IT solutions and services across various regions including India, the United States, Canada, the United Kingdom, Australia, and several others, with a market cap of ₹123.32 billion.
The company provides IT solutions and services across multiple regions, generating revenue primarily from Infrastructure Management & Security Services (IMSS), which contributes ₹3.02 billion. The segment adjustment amounts to ₹13.
69 billion. Happiest Minds Technologies has shown robust growth with a 22% annual revenue increase, outpacing the Indian market's 10% growth rate. The company's earnings are forecast to grow at 21.
8% per year, significantly higher than the industry average of 16.9%. Notably, their R&D expenditure underscores a commitment to innovation; for instance, they invested ₹1.
2 billion in R&D last year alone. Recent board expansions and new service offerings like Watch360 further position them as a dynamic player in the IT services sector. ★★★★★★ Newgen Software Technologies Limited is a software company that offers software products and solutions across various regions including India, Europe, the Middle East, Africa, the Asia Pacific, Australia, and the United States with a market cap of ₹150.
39 billion. The company generates revenue primarily from its Software & Programming segment, amounting to ₹13.07 billion.
It operates across multiple regions including India, Europe, the Middle East, Africa, the Asia Pacific, Australia, and the United States. Newgen Software Technologies is poised for significant growth, with revenue projected to increase by 21.8% annually and earnings expected to grow 22.
7% per year, outpacing the Indian market's average of 16.9%. The firm's R&D expenditure highlights a strong commitment to innovation, investing ₹1.
2 billion in the last fiscal year alone. Their recent launch of LumYn, an AI-powered hyper-personalization platform for banking, underscores their focus on cutting-edge solutions that enhance customer experience and operational efficiency. ★★★★☆☆ PVR INOX Limited is a theatrical exhibition company involved in the exhibition, distribution, and production of movies in India and Sri Lanka with a market cap of ₹148.
67 billion. The company primarily generates revenue from movie exhibition, amounting to ₹59.48 billion, with additional adjustments contributing ₹3.
29 billion. PVR INOX is expected to achieve profitability within the next three years, with revenue projected to grow at 12.3% annually, outpacing the Indian market's average of 10%.
Recent expansions include a new 9-screen multiplex in Ahmedabad and a luxury cinema in Udaipur, enhancing their presence in Central and West India. Despite reporting a net loss of ₹1.79 billion for Q1 2024, earnings are forecasted to grow by an impressive 60.
6% per year. Embark on your investment journey to our 38 selection here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by for timely alerts on significant stock developments.
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