The technology sector is one of the most important sectors in India after Agriculture. This is because it provides huge employment and has played a major role in increasing the export revenue of India.
India is a world leader when it comes to technology as it is the largest IT service provider. With so many achievements it's obvious technology stocks are always good to invest in.
If you are into online investing then in this article we will provide you with the 5 best tech stocks to invest in 2023. These are the stocks with strong fundamentals.
5 Best Tech Stocks with Strong Fundamentals to Invest in 2023
There are so many popular IT companies in India listed on the stock markets that one may get confused about where to invest. Here is a list of 5 tech stocks to invest in 2023.
TCS share price is currently trading near ₹3,331 in NSE (as of 16th Mar 2023). The market cap of TCS is around ₹11.77 lakh crore (as on Mar 2023).
Infosys share price is currently trading near ₹1,423 in NSE (as of 16th Mar 2023). The market cap of Infosys is around ₹5.89 lakh crore (as on Mar 2023).
HCL share price is currently trading near ₹1,085 in NSE (as of 16th Mar 2023). The market cap of HCL technologies is around ₹2.94 lakh crore (as on Mar 2023).
Wipro share price is currently trading near ₹378 in NSE (as of 16th Mar 2023). The market cap of Wipro is around ₹2.08 lakh crore (as on Mar 2023).
Tech Mahindra share price is currently trading near ₹1,121 in NSE (as of 16th Mar 2023). The market cap of Tech Mahindra is around ₹1.08 lakh crore (as on Mar 2023).
India is a world leader when it comes to technology as it is the largest IT service provider. With so many achievements it's obvious technology stocks are always good to invest in.
If you are into online investing then in this article we will provide you with the 5 best tech stocks to invest in 2023. These are the stocks with strong fundamentals.
5 Best Tech Stocks with Strong Fundamentals to Invest in 2023
There are so many popular IT companies in India listed on the stock markets that one may get confused about where to invest. Here is a list of 5 tech stocks to invest in 2023.
Tata Consultancy Services (TCS)
TCS is a Tata group company and has its headquarters in Mumbai. It is the largest IT Company in India by market capitalization. The company is mainly involved in IT products and services, consultancy services, business process outsourcing, digital transformation, etc.TCS share price is currently trading near ₹3,331 in NSE (as of 16th Mar 2023). The market cap of TCS is around ₹11.77 lakh crore (as on Mar 2023).
Infosys
Infosys is the NYSE listed company founded in 1981. It is the second-largest IT Company in India. It’s mainly involved in the business of global business consulting, outsourcing, IT services, digital marketing, blockchain etc.Infosys share price is currently trading near ₹1,423 in NSE (as of 16th Mar 2023). The market cap of Infosys is around ₹5.89 lakh crore (as on Mar 2023).
HCL Technologies
HCL Technologies is one of the top IT services companies in India. It is mainly involved in software services, cloud services, digital services, cybersecurity etc. It has more than 2,22,000 employees and serves clients in around 60 countries of the world.HCL share price is currently trading near ₹1,085 in NSE (as of 16th Mar 2023). The market cap of HCL technologies is around ₹2.94 lakh crore (as on Mar 2023).
Wipro
Wipro is a leading technology service and consulting company in India. It has more than 2,50,000 employees serving around 66 countries all over the world. The company is mainly involved in IT services, consulting, outsourcing, re-engineering and maintenance etc.Wipro share price is currently trading near ₹378 in NSE (as of 16th Mar 2023). The market cap of Wipro is around ₹2.08 lakh crore (as on Mar 2023).
TechMahindra
TechMahindra is a part of Mahindra Group which was founded in 1945. The company is mainly involved in IT services and solutions. It offers services of SAP Oracle, BPO, network services, testing services, integrated engineering solutions etc. It caters to various industries like banking, financial services, insurance, energy, manufacturing etc.Tech Mahindra share price is currently trading near ₹1,121 in NSE (as of 16th Mar 2023). The market cap of Tech Mahindra is around ₹1.08 lakh crore (as on Mar 2023).
Conclusion
In this article, we went through the 5 best tech stocks with strong fundamentals. These are the top IT companies in India and are also leading at the global level. By investing in these companies you can expect higher returns.
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