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IT Services

Who is in this listSells IT services, consulting, software builds or engineering services to other businesses.

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Companies

54

44 added, 0 removed at this review

Combined market value

₹27,98,326 cr

Prices 8 Nov, 3:59 pm IST

Largest two

49.3%
Tata Consultancy Services and Infosys

Reviewed

4 Nov 2026

Next: after the Oct to Dec quarter results, February 2027

Renamed from Cloud Computing at this review

The rule

Written 4 Nov 2026

Who is in
A company qualifies when the exchange classifies it as Computers - Software & Consulting, the class for IT services firms, or when it is classed IT Enabled Services but its known business is IT or engineering services rather than back-office work. Software product makers (Oracle Financial Services, Tanla, Ramco) and business process firms are not in this list. Revenue share is not in our data.
How we check it
industry 'Computers - Software & Consulting' (basis classification), or industry 'IT Enabled Services' with a known IT or engineering services business (basis known); listed in India (NSE or BSE, main board or SME); market value at least ₹500 crore at the 3 Nov 2026 close; no cap. Each member tagged line (main or one), board (main or sme) and exch.
Operating today
The company already sells products or services in this industry. Announced plans, plants under construction and pre-revenue units are listed under "Not yet operating" until they sell.
Revenue share
Not in our data. The test is the business line, not a percentage of revenue.
Listing and size floor
Listed on NSE or BSE (main board or SME), market value ₹500 cr or more at the review date.
What it is not
Not weighted, not an index and not a recommendation. A list of companies that do this work.

Companies in this theme

54 companies · main business first, then one line, each by market value · 8 Nov, 3:59 pm IST · reasons generated

Tata Consultancy ServicesTCS · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹9,04,088 crShare32.3%2,498.80+0.01%
InfosysINFY · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹4,75,157 crShare17.0%1,171.60−0.83%
HCL TechnologiesHCLTECH · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹3,91,311 crShare14.0%1,442.00+0.14%
WiproWIPRO · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹2,07,208 crShare7.4%197.55−0.23%
Tech MahindraAdded 4 NovTECHM · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹1,79,301 crShare6.4%1,829.90−0.06%
LTMAdded 4 NovLTM · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹1,28,210 crShare4.6%4,324.20−0.32%
Persistent SystemsPERSISTENT · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹94,997 crShare3.4%6,022.00−0.52%
CoforgeCOFORGE · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹69,588 crShare2.5%2,072.00−0.19%
MphasiSMPHASIS · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹48,163 crShare1.7%2,524.00+0.16%
L&T Technology ServicesAdded 4 NovLTTS · IT Enabled ServicesClassified IT Enabled Services. Sells engineering and IT services to manufacturers (known business line). Generated 4 NovMain businessKnown business lineMarket cap₹45,119 crShare1.6%4,256.60−0.07%
Hexaware TechnologiesAdded 4 NovHEXT · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹31,284 crShare1.1%512.00+1.69%
Tata TechnologiesAdded 4 NovTATATECH · IT Enabled ServicesClassified IT Enabled Services. Sells engineering and digital services to carmakers (known business line). Generated 4 NovMain businessKnown business lineMarket cap₹27,350 crShare1.0%673.55+1.19%
Tata ElxsiAdded 4 NovTATAELXSI · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹24,140 crShare0.9%3,875.00+0.52%
KPIT TechnologiesAdded 4 NovKPITTECH · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹14,911 crShare0.5%543.90+0.64%
Black BoxAdded 4 NovBBOX · IT Enabled ServicesClassified IT Enabled Services. Builds and runs IT and network systems for businesses (known business line). Generated 4 NovMain businessKnown business lineMarket cap₹14,775 crShare0.5%832.40+2.65%
Fractal AnalyticsAdded 4 NovFRACTAL · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹13,809 crShare0.5%803.00−0.72%
Zensar TechnologiesZENSARTECH · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹12,990 crShare0.5%571.00+0.39%
CyientAdded 4 NovCYIENT · IT Enabled ServicesClassified IT Enabled Services. Sells engineering and IT services (known business line). Generated 4 NovMain businessKnown business lineMarket cap₹12,578 crShare0.4%1,131.90+2.13%
BIRLASOFT LIMITEDAdded 4 NovBSOFT · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹9,475 crShare0.3%339.00+0.49%
ASM TechnologiesAdded 4 NovASMTEC · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessBSE onlyExchange classificationMarket cap₹9,175 crShare0.3%6,289.95+0.88%
Rategain Travel TechnologiesRATEGAIN · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹8,686 crShare0.3%735.10+1.20%
Intellect Design ArenaAdded 4 NovINTELLECT · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹7,304 crShare0.3%522.90+1.54%
Sonata SoftwareAdded 4 NovSONATSOFTW · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹6,828 crShare0.2%243.50+1.62%
Newgen Software TechnologiesAdded 4 NovNEWGEN · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹6,376 crShare0.2%448.00+1.66%
Happiest Minds TechnologiesAdded 4 NovHAPPSTMNDS · Computers - Software & ConsultingClassified as Computers - Software & Consulting (IT services). Generated 4 NovMain businessExchange classificationMarket cap₹4,814 crShare0.2%316.15+0.67%

Linked, not in the list

Companies a reader might expect here, and why each is out

Other links 7

They do not work in this industry, or fail the listing and size floor.

  • Affle 3iAFFLE

    Classified IT Enabled Services; mobile advertising platform, not IT services. Generated

  • Inventurus Knowledge SolutionsIKS

    Classified IT Enabled Services; healthcare back-office services (known business line), not IT services. Generated

  • Netweb Technologies IndiaNETWEB

    Classified IT Enabled Services; makes servers (hardware), not services. Generated

  • Oracle Financial Services SoftwareOFSS

    Classified Software Products (banking software). Product maker, not services. Generated

  • Panache DigilifePANACHE

    SME, classified IT Enabled Services; makes and sells IT hardware and display panels (known business line), not services. Generated

  • SAGILITY LIMITEDSAGILITY

    Classified IT Enabled Services; healthcare business process services (known business line). Generated

  • Vinsys IT Services IndiaVINSYS

    SME, classified Education; IT training (known business line), not IT services. Generated

Re-checked at every review.

How the value is spread

The two largest, Tata Consultancy Services and Infosys, are 49.3% of the combined ₹27,98,326 cr. No two companies hold half of the theme's value.

Each block is one company, largest first. This list is not weighted, so nothing caps one company's share.

Official index: Nifty IT

The constituent list is not loaded yet.

1-year price change

This list, members' median −17.02% to 6 Nov 2026, 43 of 54 with a 1-year history

What changed in these companies

25 Sept 2026 to 8 Nov 2026 · 142 items from 46 of 54 companies

6 Nov 2026

5 Nov 2026

4 Nov 2026

3 Nov 2026

2 Nov 2026

31 Oct 2026

30 Oct 2026

29 Oct 2026

28 Oct 2026

27 Oct 2026

26 Oct 2026

23 Oct 2026

22 Oct 2026

19 Oct 2026

16 Oct 2026

15 Oct 2026

14 Oct 2026

13 Oct 2026

  • Deal
    InfosysBOFA SECURITIES EUROPE SA; same-day buy and sell by one client
  • Results
    Tata ElxsiQ2 FY2027 results filed

12 Oct 2026

9 Oct 2026

8 Oct 2026

7 Oct 2026

3 Oct 2026

  • Other filing
    WiproAmalgamation/Merger

1 Oct 2026

30 Sept 2026

  • Other filing
    WiproAcquisition

29 Sept 2026

28 Sept 2026

26 Sept 2026

673 routine filings left out.

Change log

Quarterly, after results

  1. 4 Nov 2026 · review against the rule above

    +44 −0

    • LTM Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Sonata Software Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Innovana Thinklabs Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • NINtec Systems Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Latent View Analytics Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • InfoBeans Technologies Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • E2E Networks Limited added: Classified IT Enabled Services. Rents cloud computing and GPU servers to businesses (known business line). (Known business line) Generated 4 Nov
    • Allied Digital Services Limited added: Classified IT Enabled Services. Runs IT infrastructure services for businesses (known business line). (Known business line) Generated 4 Nov
    • R Systems International Limited added: Classified IT Enabled Services. Sells software product engineering services (known business line). (Known business line) Generated 4 Nov
    • Softtech Engineers Limited added: Classified IT services. Software for builders and cities (known business line). (Exchange classification, Known business line) Generated 4 Nov
    • Tata Elxsi Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Black Box Limited added: Classified IT Enabled Services. Builds and runs IT and network systems for businesses (known business line). (Known business line) Generated 4 Nov
    • Xchanging Solutions Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Cyient Limited added: Classified IT Enabled Services. Sells engineering and IT services (known business line). (Known business line) Generated 4 Nov
    • L&T Technology Services Limited added: Classified IT Enabled Services. Sells engineering and IT services to manufacturers (known business line). (Known business line) Generated 4 Nov
    • KPIT Technologies Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • 63 moons technologies limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Datamatics Global Services Limited added: Classified IT Enabled Services. Sells IT services and automation products (known business line). (Known business line) Generated 4 Nov
    • ASM Technologies Ltd added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Magellanic Cloud Limited added: Classified IT services (IT services). Sells drones and surveillance (known business line). (Exchange classification, Known business line) Generated 4 Nov
    • Kellton Tech Solutions Limited added: Classified IT Enabled Services. Sells digital and IT consulting services (known business line). (Known business line) Generated 4 Nov
    • Dynacons Systems & Solutions Limited added: Classified IT Enabled Services. Supplies and runs IT systems for government and firms (known business line). (Known business line) Generated 4 Nov
    • Silver Touch Technologies Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Fractal Analytics Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Accelya Solutions India Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Sasken Technologies Limited added: Classified IT Enabled Services. Sells software and product engineering services (known business line). (Known business line) Generated 4 Nov
    • Newgen Software Technologies Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Aurionpro Solutions Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Saksoft Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Happiest Minds Technologies Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Hypersoft Technologies Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Sahana System Limited added: Classified IT Enabled Services. Builds software and IT services for clients (known business line). (Known business line) Generated 4 Nov
    • Expleo Solutions Limited added: Classified IT Enabled Services. Sells software testing and engineering services (known business line). (Known business line) Generated 4 Nov
    • BIRLASOFT LIMITED added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Tata Technologies Limited added: Classified IT Enabled Services. Sells engineering and digital services to carmakers (known business line). (Known business line) Generated 4 Nov
    • Dc Infotech And Communication Limited added: Classified IT services. Distributes IT hardware and software products (known business line). (Exchange classification, Known business line) Generated 4 Nov
    • Hexaware Technologies Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Onward Technologies Limited added: Classified IT Enabled Services. Sells engineering design and IT services (known business line). (Known business line) Generated 4 Nov
    • Workmates Core2Cloud Solution added: Classified IT services. Sells cloud migration and managed cloud (known business line). (Exchange classification, Known business line) Generated 4 Nov
    • Tech Mahindra Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Intellect Design Arena Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Kody Technolab Limited added: Classified as Computers - Software & Consulting (IT services). (Exchange classification) Generated 4 Nov
    • Orient Technologies Limited added: Classified IT Enabled Services. Supplies and manages IT infrastructure and cloud (known business line). (Known business line) Generated 4 Nov
    • TAC Infosec Limited added: Classified IT services. Sells security testing (known business line). (Exchange classification, Known business line) Generated 4 Nov
  2. 4 Nov 2026 · renamed

    From Cloud Computing to IT Services.

  3. 5 Feb 2026 · list set

    10 companies chosen by hand, with no written rule.

  4. Next · after the Oct to Dec quarter results, February 2027

    Every member re-checked against the rule; reasons regenerated from new filings.

Sectors in this theme

Information Technology
54 companies

Sector from each company's exchange record. A theme can cut across sectors.

Also in other themes

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Curated by the research team against the rule above. Reasons are generated from each company's filings and exchange record and are not reviewed by an editor. A list of companies linked to the theme, not a recommendation.