Over the past decade, the Information Technology (IT) sector has witnessed significant growth and innovation, leading to substantial gains for investors. In this article, we will explore 13 IT stocks that have experienced remarkable returns, with each of them recording gains of over 1000% within the last ten years. Let’s take a closer look at these remarkable performers.
High return IT stocks
#1 Tanla Platform (+27,313%)
Tanla Platform has emerged as a leading provider of cloud communication solutions. Their innovative offerings in messaging, voice, and IoT (Internet of Things) platforms have garnered immense demand, propelling the company’s stock to an astounding 27,313% increase over the past ten years.
#2 Tata Elxsi (+8,077%)
Tata Elxsi, a subsidiary of the Tata Group, specializes in providing design and technology services across various industries. The company’s focus on cutting-edge technologies like artificial intelligence (AI), machine learning (ML), and automotive electronics has propelled its stock to an impressive growth rate of 8,077%.
#3 Saksoft (+7,122%)
Saksoft, an IT services and solutions provider, has gained significant traction due to its expertise in areas such as digital transformation, data analytics, and cloud computing. With a remarkable growth rate of 7,122%, Saksoft has firmly established its position in the IT sector.
#4 Sonata Software (+4,884%)
Sonata Software is a global IT services company that delivers innovative solutions in digital transformation, cloud, and analytics. Their customer-centric approach and focus on driving business value have resulted in a substantial stock appreciation of 4,884% over the last ten years.
#5 Expleo Solutions (+2,114%)
Expleo Solutions offers end-to-end IT services and engineering solutions, specializing in areas such as quality assurance, automation, and digital transformation. With a growth rate of 2,114%, Expleo Solutions has demonstrated its ability to adapt and thrive in a rapidly evolving IT landscape.
#6 Datamatics Global (+2,000%)
Datamatics Global is a global IT and business process management company. Their comprehensive suite of solutions encompasses robotic process automation (RPA), artificial intelligence, analytics, and more. The company’s stock has surged by an impressive 2,000% in the last ten years.
#7 Persistent Systems (+1,789%)
Persistent Systems is an IT services and solutions provider with a focus on digital transformation, product engineering, and data intelligence. Their customer-centric approach and commitment to innovation have contributed to a substantial stock growth of 1,789% over the past decade.
#8 R Systems (+1,734%)
R Systems, an IT solutions and services company, specializes in areas such as data analytics, cloud computing, and artificial intelligence. With a growth rate of 1,734%, R Systems has established itself as a key player in the IT industry, serving clients across the globe.
#9 Coforge (+1,522%)
Coforge, formerly known as NIIT Technologies, offers IT services and solutions across various sectors, including banking, insurance, and travel. The company’s expertise in digital transformation, automation, and customer experience has resulted in a significant stock appreciation of 1,522%.
#10 Mastek (+1,490%)
Mastek is a global IT solutions provider that focuses on digital transformation, agile software development, and data analytics. With a growth rate of 1,490%, Mastek has demonstrated its ability to deliver innovative solutions to clients worldwide.
#11 Aurionpro Solutions (+1,442%)
Aurionpro Solutions is a leading provider of digital innovation, enterprise security, and banking solutions. Their expertise in areas like cybersecurity, blockchain, and business process automation has contributed to a remarkable stock growth of 1,442%.
#12 Nucleus Software (+1,391%)
Nucleus Software specializes in providing lending and transaction banking solutions to the global financial services industry. With their robust offerings and domain expertise, the company’s stock has surged by 1,391% over the past ten years.
#13 Onward Technologies (+1,118%)
Onward Technologies offers engineering and IT services to various industries, including automotive, aerospace, and industrial equipment. Their commitment to quality and technological advancements has resulted in a commendable stock growth of 1,117%.
Conclusion
The IT sector has been a hotbed of innovation and growth over the past decade, and these ten stocks have exemplified the sector’s potential for generating substantial returns. Ranging from cloud communication solutions to digital transformation services, these companies have thrived by adapting to the evolving needs of businesses and leveraging cutting-edge technologies. As with any investment, thorough research and analysis are crucial when considering investing in individual stocks.
