Industry bucketCooling

IT & AI Services

Software services, IT-enabled services, product firms and BPO/KPO — the export-led technology services base.

317 companies
₹29.60L cr combined market capAs of 18 Aug 2026

Returns

Cap-weighted with a 12% ceiling per company
Basis1D1W1M3M6M1Y
Cap-weighted-1.5%-3.9%+3.7%+8.6%+1.0%-7.8%
Equal-weighted-0.1%-1.4%+1.4%+4.1%+1.9%-12.1%
vs universe+1.9pp+1.2pp-5.2pp

Cap- and equal-weighted diverge. 3M +4.4pp, 1Y +4.3pp. The large members are carrying this theme — the typical company in it did less well than the headline suggests.

One-year return computed from 168 of 317 members — the rest have less than a year of price history and are excluded rather than counted as flat.

Why this label

Classified Cooling because it was ahead over 3 months, but the 1-month lead has gone or short-term breadth has dropped below 45%. Relative strength is measured against DocStoX universe (5,289 companies).

1M vs universe
+1.9pp
3M vs universe
+1.1pp
6M vs universe
-5.2pp
Above 200-DMA
35%
Above 50-DMA
40%
Acceleration
+0.8pp

These are the exact figures the nightly classifier read — not a recalculation in your browser. A dash means the input could not be computed, in which case no label is assigned at all.

Breadth

178 of 317 eligible
Above 200-day average35%
Above 50-day average40%
Median RSI
45.3
Oversold
12
RSI below 30
Overbought
10
RSI above 70

These percentages are of the 178 members that carry moving-average history, not all 317. Members without enough price history are excluded from both the numerator and the denominator.

Valuation

Medians, not averages — one loss-making outlier cannot drag the whole theme.

Median P/E
21.0
from 235 companies
Median ROE
9.5%
from 311 companies

Each median names the number of companies behind it. Companies without a reported figure are excluded from that median rather than counted as zero.

Leaders & laggards

All 200 companies

A dash means we have no figure — not a zero
Companies in the IT & AI Services theme, with weight, market cap, price, returns and valuation.
HCL TECHNOLOGIES LTDHCLTECH+7.8%
TATA CONSULTANCY SERV LTTCS+0.5%
INFOSYS LIMITEDINFY+1.7%
WIPRO LTDWIPRO+1.2%
TECH MAHINDRA LIMITEDTECHM+1.2%
LTM LIMITEDLTM+11.9%
ORACLE FIN SERV SOFT LTD.OFSS-1.3%
PERSISTENT SYSTEMS LTDPERSISTENT+5.0%
COFORGE LIMITEDCOFORGE+17.5%
MPHASIS LIMITEDMPHASIS+1.6%
L&T TECHNOLOGY SER. LTD.LTTS+2.8%
TATA TECHNOLOGIES LIMITEDTATATECH+10.3%
HEXAWARE TECHNOLOGIES LTDHEXT-3.1%
INVENTURUS KNOWLEDGE SO LIKS-1.9%
AFFLE 3I LIMITEDAFFLE+11.7%
TATA ELXSI LIMITEDTATAELXSI+4.5%
SAGILITY LIMITEDSAGILITY+1.0%
FIRSTSOURCE SOLU. LTD.FSL-0.9%
ECLERX SERVICES LTDECLERX-8.8%
KPIT TECHNOLOGIES LIMITEDKPITTECH+7.7%
FRACTAL ANALYTICS LIMITEDFRACTAL-4.8%
E2E NETWORKS LIMITEDE2E+64.1%
BLACK BOX LIMITEDBBOX-5.8%
AMAGI MEDIA LABS LIMITEDAMAGI+2.9%
ZENSAR TECHNOLOGIES LTDZENSARTECH-6.4%
RATEGAIN TRAVEL TECHN LTDRATEGAIN-1.6%
INTELLECT DESIGN ARENAINTELLECT-8.4%
CYIENT LIMITEDCYIENT+0.5%
SONATA SOFTWARE LTDSONATSOFTW+0.7%
BIRLASOFT LIMITEDBSOFT+6.1%
TANLA PLATFORMS LIMITEDTANLA-1.3%
NEWGEN SOFTWARE TECH LTDNEWGEN-3.5%
ASM Technologies LtdASMTEC+12.1%
AXISCADES TECH LTDAXISCADES+3.8%
HAPPIEST MINDS TECHNO LTDHAPPSTMNDS+10.6%
LATENT VIEW ANALYTICS LTDLATENTVIEW-7.3%
C.E. INFO SYSTEMS LIMITEDMAPMYINDIA-13.7%
MASTEK LTDMASTEK-3.1%
DATAMATICS GLOBAL SER LTDDATAMATICS-1.4%
EMUDHRA LIMITEDEMUDHRA+25.4%
CAPILLARY TECHNO INDIA LCAPILLARY+4.5%
MOSCHIP TECHNOLOGIES LTDMOSCHIP-13.0%
AURIONPRO SOLN LTDAURIONPRO-15.9%
63 MOONS TECHNOLOGIES LTD63MOONS+4.6%
NETWORK PEOPLE SRV TECH LNPST+0.7%
KERNEX MICROSYS(I) LTDKERNEX-6.7%
TECHNVISION VENTURES LTD.TECHNVISN+51.9%
SASKEN TECHNOLOGIES LTDSASKEN+3.0%
RPSG VENTURES LIMITEDRPSGVENT-2.2%
R SYS INTERNATIONAL LTDRSYSTEMS-5.0%
Axis Solutions Ltd511144+94.7%
BLS E-SERVICES LIMITEDBLSE+13.2%
SILVER TOUCH TECHNO LTDSILVERTUC-1.1%
PROTEAN EGOV TECHNO LTDPROTEAN-5.2%
ZAGGLE PREPA OCEAN SER LZAGGLE-20.9%
SAKSOFT LIMITEDSAKSOFT-7.1%
RAMCO SYSTEMS LTD.RAMCOSYS-28.5%
BLUE CLOUD SOFTECH SOLU LBLUECLOUDS+13.5%
GHV Infra Projects LtdGHVINFRA+23.2%
HINDUJA GLOBAL SOLS. LTD.HGS-5.7%
NUCLEUS SOFTWARE EXPORTSNUCLEUS-5.5%
Hypersoft Technologies LtdHYPERSOFT-2.0%
MAGELLANIC CLOUD LIMITEDMCLOUD+1.7%
ACCELYA SOLN INDIA LTDACCELYA-1.7%
CEINSYS TECH LIMITEDCEINSYS-13.4%
AURUM PROPTECH LIMITEDAURUM-5.3%
INFOBEANS TECHNO. LTD.INFOBEAN-4.8%
ONE POINT ONE SOL LTDONEPOINT+3.2%
DYNACONS SYS & SOLN LTDDSSL-5.6%
DIGITIDE SOLUTIONS LTDDIGITIDE-2.9%
EXPLEO SOLUTIONS LIMITEDEXPLEOSOL+13.3%
NINTEC SYSTEMS LIMITEDNINSYS-18.4%
IZMO LIMITEDIZMO-19.6%
ALLDIGI TECH LIMITEDALLDIGI+0.2%
ORIENT TECHNOLOGIES LTDORIENTTECH-9.9%
UNICOMMERCE ESOLUTIONS LUNIECOM+1.3%
SUBEX LTDSUBEXLTD+24.3%
IIRM Holdings India LtdIIRM+0.0%
XTRANET TECHNOLOGIES LTDXTRANET
QUICK HEAL TECH LTDQUICKHEAL-11.7%
SAHANA SYSTEM LIMITEDSAHANA-11.5%
EXCELSOFT TECHNOLOGIES LEXCELSOFT-5.9%
ALLIED DIGITAL SERV. LTDADSL-7.7%
GENESYS INTL CORPN LTDGENESYS-43.8%
Unified Data- Tech Solutions LtdUNIFIED+1.8%
KELLTON TECH SOL LTDKELLTONTEC-7.6%
XCHANGING SOLUTIONS LTDXCHANGING-5.2%
RNIT AI Solutions LtdRNITAI+43.4%
KSOLVES INDIA LIMITEDKSOLVES-8.9%
ONWARD TECHNOLOGIES LTDONWARDTEC-0.8%
Veefin Solutions LtdVEEFIN-21.5%
INNOVANA THINKLABS LTDINNOVANA-8.4%
VAKRANGEE LIMITEDVAKRANGEE-2.9%
Exato Technologies LtdEXATO+21.2%
SOFTTECH ENGINEERS LTDSOFTTECH-2.5%
MINDTECK (INDIA) LIMITEDMINDTECK-13.6%
CSM TECHNOLOGIES LIMITEDCSM-3.6%
MOLD-TEK TECHNOLOGIES LTDMOLDTECH+37.4%
IRIS REGTECH SOLUTION LTDIRIS+2.5%
3I INFOTECH LIMITED3IINFOLTD+33.1%
Qualitek Labs LtdQLL-8.2%
SIGMA SOLVE LIMITEDSIGMA+22.1%
Workmates Core2cloud Solution LtdWORKMATES-3.9%
TECHD CYBERSECURITY LTDTECHD-11.4%
TERA SOFTWARE LIMITEDTERASOFT-13.7%
CYBERTECH SYSTEMS & SOFTWCYBERTECH-6.0%
OPTIVALUE TEK CONSULT LTDOPTIVALUE+115.3%
TREJHARA SOLUTIONS LTDTREJHARA+21.0%
A B M KNOWLEDGEWARE LTD.ABMKNO-4.2%
XTGLOBAL INFOTECH LIMITEDXTGLOBAL+4.4%
DIGISPICE TECHNOLOGIES LTDIGISPICE-12.1%
VIRTUAL GALAXY INFOTECH LVGINFOTECH+2.9%
Sancode Technologies LtdSANCODE+36.5%
Sattrix Information Security LtdSATTRIX-12.7%
INSPIRISYS SOLUTIONS LTDINSPIRISYS-8.6%
Ekansh Concepts LtdEKANSH-3.7%
A C S TECHNOLOGIES LTD.ACSTECH+20.5%
Ace Software Exports LtdACESOFT+31.4%
Monarch Surveyors and Engineering Consultants LtdMSECL-2.8%
TRACXN TECHNOLOGIES LTDTRACXN-3.7%
Likhami Consulting LtdLIKHAMI-5.0%
Madala Holdings LtdMADALA-2.9%
Covance Softsol LtdCOVANCE-12.1%
EMPOWER INDIA LTD.EMPOWER-3.5%
Alphalogic Techsys LtdALPHALOGIC-8.4%
FCS SOFTWARE SOLN. LTD.FCSSOFT-5.7%
Artificial Electronics Intelligent Material LtdAEIM-2.9%
EQUIPPP SOC IMP TECH LTDEQUIPPP-7.1%
AION-TECH SOLUTIONS LTDGOLDTECH-16.4%
Omega Interactive Technologies LtdOMEGAINLTD
AVIO SMART MRKT STACK LTDASMS-2.6%
ACE Alpha Tech LtdACEALPHA+9.4%
CALIFORNIA SOFTWARE CO LTCALSOFT+22.6%
MARC TECHNOCRATS LIMITEDMARC+27.4%
EKI ENERGY SERVICES LTDEKI-6.4%
Infinity Infoway LtdINFINITY+2.1%
CapitalNumbers Infotech LtdCNINFOTECH-7.8%
INTENSE TECHNOLOGIES LTDINTENTECH-11.4%
AIRAN LIMITEDAIRAN-1.6%
DRC SYSTEMS INDIA LIMITEDDRCSYSTEMS-5.0%
AVANCE TECHNOLOGIES LTD.AVANCE-3.2%
TRIGYN TECHNOLOGIES LTDTRIGYN-0.0%
Atishay LtdATISHAY-7.6%
EMA PARTNERS INDIA LTDEMAPARTNER-2.7%
Kratikal TechKRATIKAL+0.1%
Meta Infotech LtdMETAINFO+10.3%
VIRINCHI LIMITEDVIRINCHI-2.3%
Naapbooks LtdNBLLTD
DCM LIMITEDDCM-12.2%
Shradha AI Technologies LtdSHRAAITECH+5.0%
ENFUSE SOLUTIONS LIMITEDENFUSE-0.5%
Focus Business Solution LtdFOCUSLTD
DEV INFO TECHNOLOGY LTDDEVIT-7.4%
Methodhub Software LtdMETHODHUB-18.4%
GENXAI ANALYTICS LIMITEDGENXAI-0.5%
NSB BPO Solutions LtdNSBBPO+3.2%
SECMARK CONSULTANCY LTDSECMARK-2.3%
Bodhtree Consulting LtdBODHTREE-1.1%
Elnet Technologies LtdELNET-3.1%
iSERA Lifesciences LtdISERA+0.0%
AAA TECHNOLOGIES LIMITEDAAATECH+3.8%
XELPMOC DESIGN & TECH LTDXELPMOC-1.7%
Prodocs Solutions LtdPRODOCS-8.8%
WEP Solutions LtdWEPSOLN-2.1%
VL E GOV AND IT SOL LTDVLEGOV-17.6%
MOBILISE APP LAB LIMITEDMOBILISE-14.3%
Praruh Technologies LtdPRARUH+13.8%
Globalspace Technologies LtdGLOBALSPACETECHNOLOGIESLTD
MATRIX GEO SOLUTIONS LTDMGSL+43.3%
Cranes Software International LtdCRANESSOFT+52.5%
Techknowgreen Solutions LtdTECHKGREEN+10.6%
KANDARP DG SMART BPO LTDKANDARP-3.8%
Titan Intech LtdTITANIN+2.1%
CAMBRIDGE TECH ENTER LTDCTE+40.8%
Kati patang Lifestyle LtdKATIPATANG+17.5%
BITS LtdBITS-5.7%
R. S. SOFTWARE (INDIA) LIRSSOFTWARE-5.9%
DELAPLEX LIMITEDDELAPLEX-10.2%
C G V A K SOFTWARE & EX LCGVAK-4.7%
Athena Global Technologies LtdATHENAGLO+3.7%
CRESSANDA RAILWAY SOLUT LCRSL-2.3%
Ampvolts LtdAMPVOLTS+2.6%
ODIGMA CONSULTANCY SOL LODIGMA-1.8%
Riddhi Corporate Services LtdRIDDHICORP-2.3%
Accel LtdACCEL-4.3%
CURA TECHNOLOGIES LIMITEDCURAA-10.6%
PALRED TECHNOLOGIES LTDPALREDTEC+12.2%
Identixweb LtdIDENTIXWEB-8.7%
Edvenswa Enterprises LtdEDVENSWA-3.6%
Ace Software Exports Ltd Partly PaidupACESEPP+91.5%
Aris International LtdARISINTERNATIONALLTD
ADROIT INFOTECH LIMITEDADROITINFO+17.2%
Paramatrix Technologies LtdPARAMATRIX-9.5%
TRUST FINTECH LIMITEDTRUST-16.7%
Odyssey Technologies LtdODYSSEY-13.7%
SECUREKLOUD TECH LIMITEDSECURKLOUD-0.4%
New Markets Advisory LtdNEWMKTAVE+47.9%
Icodex Publishing Solutions LtdICODEX-5.7%
SagarSoft (India) LtdSAGARSOFT+18.4%
SYNOPTICS TECHNOLOGIES LSYNOPTICS-13.4%

Showing the 200 largest of 317 members by weight. Theme-level figures above are computed over all of them.

IT & AI Services stocks — frequently asked

How many IT & AI Services stocks are listed in India?
DocStoX tracks 317 listed IT & AI Services companies across NSE and BSE, grouped from each company’s reported industry.
How have IT & AI Services stocks performed over the last 3 months?
The IT & AI Services theme returned +8.6% over three months on a market-cap-weighted basis (each company capped at 12%), measured against DocStoX universe (5,289 companies).
Are IT & AI Services stocks trending?
DocStoX currently labels this theme "Cooling", based on its 1-month and 3-month relative strength and the share of members above their 200-day and 50-day moving averages. This is a data classification, not investment advice.
Which IT & AI Services stock has performed best recently?
OPTIVALUE TEK CONSULT LTD (OPTIVALUE) leads the theme over the last month at +115.3%. Past performance does not indicate future returns.

Other industry buckets

Compare this theme with the rest of the market.

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Themes are informational groupings of listed companies, not recommendations, portfolios or indices. Figures are computed nightly from end-of-day data and may lag the live market. This is not investment advice — consult a SEBI-registered adviser before investing.