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Tech stocks good returns During Covid

Tech Stocks that out -performs at the time of Covid-19

Amid the COVID-19 pandemic, technology has made a great change in the day to day life of a person, Across the globe, everyone suffers and faces the worst situation.

At the same time life of a common person changed a lot as everyone shifts towards an online portal. From entertainment to regular classes, From assignments to regular office tasks, all the things have shifted towards an online portal.

But this sudden change was not easier to adapt by everyone not every person is using to of it.

But this pandemic brings a revival in the technology sector, and now slowly every business is shifted towards online mode. As the things are been made much easier now and will make the user very effective in its working as it consumes less time with faster speed to perform any task from anywhere.

This pandemic shows us the importance of technology which turns out as a big game-changer at that phase of time and continues to deliver the best till now.

It not only the lives of every individual has changed but it also brings a revolution in work from home culture earlier its been observed that only professionals from IT background works from home, But now the things are changed everywhere even a primary school teacher is teaching on an online platform.

Now imagine our lives without all these facilities will it be possible for us to survive at the time of the covid-19 pandemic. The change we all gone through has given a booster dose to the Technology sector around the globe.

The National stock exchange raised around 90.59 % from a low of 13108 to 27524 in 1 year from the bottom made last year in March. This recovery shows how quickly we adopt the new technology in our day-to-day life. 

In the same manner, the major IT companies and their stock have also surged from the very bottom to an unimaginable price rise in just one year.

Here are some top gainers of the tech sector who outperform in the last year. 

IT- Networking:-

It is a form of telecommunication between computers where they exchange data with a data link. Computer nodes or hosts can access, create, delete and alter data that is on this network. If a device can transmit information to another device, then they are considered to be networking.

Company Name:- D-Link  (India) 

Business:- A global leader in the design, manufacture & marketing of advanced networking, Broadband, digital voice, and data communication solutions across the globe.

Returns during a pandemic: D-link ( India) has given a 35.85% return from its 52 week low of Rs 67.30. Made a high of Rs 136. 

IT – Software:- The system software is a collection of programs designed to operate, control, and extend the processing capabilities of the computer itself. … System software serves as the interface between the hardware and the end-users. 

Company Name:- Tata Consultancy Services Ltd

Business:- TCS provide a wide range of information technology-related products and services including application development, business process outsourcing, capacity planning, consulting, enterprise software, hardware sizing, payment processing, software management, and technology education services.

Returns during a pandemic: TCS has given a 59.83% return from its 52 week low of Rs  1867. Made a high of Rs 3358.80.

Company Name:- Infosys Ltd 

Business:-  Infosys provides software development, maintenance, and independent validation services to companies in finance, insurance, manufacturing, and other domains. One of its known products is Finacle which is a universal banking solution with various modules for retail and corporate banking.

Returns during a pandemic: Infosys has given a 99.83% return from its 52 week low of Rs 647. Made a high of Rs 1480.

Company Name:- Wipro 

Business:– Wipro Limited is a provider of IT services, including Systems Integration, Consulting, Information Systems outsourcing, IT-enabled services, and R&D services.

Returns during a pandemic: Wipro has given a 155.1% return from its 52 week low of Rs 159.60. Made a high of Rs 511.95.

Company Name:- HCL Tech 

Business:- HCL Technologies Ltd is a leading global IT services company that helps global enterprises re-imagine and transform their businesses through Digital technology transformation. The company is primarily engaged in providing a range of software services business process outsourcing and infrastructure services.

Returns during a pandemic: HCL has given a 76.80% return from its 52 week low of Rs 502.10. Made a high of Rs 1073.55

Company Name:- Tech Mahindra 

Business:- Tech Mahindra is an Indian multinational company that provides information technology (IT) and business process outsourcing (BPO) services.

Returns during a pandemic: Tech-M has given a 91.2% return from its 52 week low of Rs 490. Made a high of Rs 1081.35

Apart from this major IT giant other Midcap IT companies have also given tremendous return in the last year:- 

Company Name:- Larsen & Turbo Infotech Ltd : 

Business:- Larsen & Toubro Infotech Limited (L&T Infotech) is a global technology consulting and digital solutions company helping more than 300 clients succeed in a converging world. It provides the winning edge to the clients by leveraging Business-to-IT Connect and deeply committed people.

Returns during a pandemic: LTI has given a 150.17 % return from its 52 week low of Rs 1510. Made a high of Rs 4499.90

Company Name:- Mind Tree Ltd 

Business:- Mindtree delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition. “Born digital,” Mindtree takes an agile, collaborative approach to create customized solutions across the digital value chain.

Returns during a pandemic: MindTree has given a 136.7 % return from its 52 week low of Rs 811. Made a high of Rs 2275.10

Company Name:- Mphasis Ltd 

Business:- Mphasis Limited is an IT services company based in Bangalore, India. The company provides infrastructure technology and applications outsourcing services, as well as architecture guidance, application development and integration, and application management services.

Returns during a pandemic: Mphasis has given a 150.50 % return from its 52 week low of Rs 693.55. Made a high of Rs 1835.95

Company Name:- Oracle Financial Services Software Ltd

Business:- It is a retail banking, corporate banking, and insurance technology solutions provider for the banking industry. It also provides risk and compliance management, and performance measurement applications, as well as accounting, business process management, human resources, and procurement tools.

Returns during a pandemic: OFSS  has given a 50.95 % return from its 52 week low of Rs 2208.80. Made a high of Rs 3742.40.

Company Name:- Tata Elxsi 

Business:- Tata Elxsi is amongst the world’s leading providers of design and technology services for product engineering and solutions across industries including Broadcast, Communications, and Automotive. It provides technology consulting, new product design, development, and testing services.

Returns during a pandemic: Tata Elxsi has given a  403.44 % return from its 52 week low of Rs740.60. Made a high of Rs 4089.70

Company Name:- Coforge Ltd  (NIIT Ltd Earlier)

Business:–  Coforge is leveraging new-age technologies such as artificial intelligence and cloud technologies, allied with industry expertise to transform client businesses.

Returns during a pandemic: Coforge has given a 143 % return from its 52 week low of Rs 1151. Made a high of Rs 3222.

Company Name:- Persistent Systems

Business:-  Persistent Systems Limited is a global company specializing in software products services and technology innovation. The company offers complete product life cycle services. … The company has the depth of experience in the focused areas of telecommunications life sciences and infrastructure and systems.

Returns during a pandemic: Persistent System has given a  371.05 % return from its 52 week low of Rs 460. Made a high of Rs 2238.65.

Company Name:- Tanla Platforms (Tanla Solutions Earlier) 

Business:- Tanla Platforms Limited, previously known as Tanla Solutions Ltd, is a cloud communications company based in Hyderabad, India. The company provides value-added services in the cloud communications space.

Returns during a pandemic: Tanla Platforms has given a 1238.52 % return from its 52 week low of Rs 61.75. Made a high of Rs 1030

e-Commerce:- E-commerce is the buying and selling of goods or services via the internet, and the transfer of money and data to complete the sales. It’s also known as electronic commerce or internet commerce.

Company Name:- IndiaMart IntermeshLtd

Business:– IndiaMART InterMESH Ltd. is an Indian e-commerce company that provides B2C, B2B, and customer-to-customer sales services via its web portal.

Returns during a pandemic:  Indiamart has given a 227.94 % return from its 52 week low of Rs 2036.35. Made a high of Rs 9951.95

 

Note: Returns can be varied as per the closing rates,

Source:- Money Control & Stock Edge 

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