icTracker Valuation of Nifty IT stocks
*NOTE - Grey coloured rows indicate that 30% of stocks in this list have moved towards their Intrinsic Price since the valuation date
Intrinsic Price and Market Price are in Rs., Market Cap is in Rs. Cr
Outlook codes :: AvBy - Avoid Buying; AvSl - Avoid Selling; BoDp - Buy on Dips; StBy - Strong Buy; SoRl - Sell on Rallies; StSl - Strong Sell
No | Stock Name | Industry | Valuation Date | Market price on val. date | Intrinsic price on val. date | Latest market price | Latest full market cap | Latest free-float market cap | MV to IV | KB | EVA® to NW | Outlook |
1
| Coforge Limited | IT Services | 31 Dec 2022 | 3,884.1 | 2,426.4 | 4,418.7 | 26,981.6 | 15,663.6 | 1.60 | 0.79 | 0.02 | StBy |
2
| HCL Technologies | IT Services | 31 Dec 2022 | 1,039.3 | 958.2 | 1,134.8 | 307,933.2 | 119,353.2 | 1.08 | 0.75 | 0.02 | StBy |
3
| Infosys Limited | IT Services | 31 Dec 2022 | 1,508.2 | 855.9 | 1,538.8 | 644,155.1 | 555,725.4 | 1.76 | 0.79 | 0.05 | StBy |
4
| LnT Technology Services | IT Services | 31 Dec 2022 | 3,683.6 | 1,552.2 | 3,302.3 | 34,870.3 | 8,820.7 | 2.37 | 0.72 | 0.03 | Buy |
5
| LTIMindtree | IT Services | 31 Dec 2022 | 4,365.4 | 1,757.0 | 4,448.9 | 131,597.8 | 33,295.2 | 2.48 | 0.72 | 0.03 | StBy |
6
| MphasiS Limited | IT Services | 31 Dec 2022 | 1,972.8 | 1,678.1 | 2,116.9 | 39,865.2 | 17,537.8 | 1.18 | 0.77 | 0.02 | StBy |
7
| Persistent Systems | IT Services | 31 Dec 2022 | 3,870.9 | 3,009.4 | 4,614.9 | 35,269.4 | 20,260.5 | 1.29 | 0.83 | 0.03 | StBy |
8
| Tata Consultancy Services | IT Services | 31 Dec 2022 | 3,256.7 | 1,600.7 | 3,433.7 | 1,256,390.0 | 342,957.0 | 2.03 | 0.82 | 0.07 | StBy |
9
| Tech Mahindra | IT Services | 31 Dec 2022 | 1,016.4 | 1,041.9 | 1,036.1 | 100,893.2 | 54,205.9 | 0.98 | 0.72 | 0.00 | Buy |
10
| Wipro Limited | IT Services | 31 Dec 2022 | 392.8 | 488.4 | 402.3 | 220,705.0 | 59,638.8 | 0.80 | 0.72 | 0.00 | AvSl |
Summary of Nifty IT stocks | 28,797.0 | 18,401.6 | 30,094.9 | 2,798,661.0 | 1,227,458.0 | 1.57 | 0.78 | 0.03 | |