Top performing Small Cap IT stocks soar up to 63.45 per cent in one month!

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Top performing Small Cap IT stocks soar up to 63.45 per cent in one month!

IT stocks have been outperforming since the market made lows in March 2020. Most of the IT major companies like TCS, Wipro, Infosys and Tech Mahindra are either trading at their life-highs or are trading within 5 percent of their respective life-highs.  

IT stocks have been outperforming since the market made lows in March 2020. Most of the IT major companies like TCS, Wipro, Infosys and Tech Mahindra are either trading at their life-highs or are trading within 5 percent of their respective life-highs.

Smallcap IT stocks have also made their move in the month gone by. Axiscades Technologies, a constituent of BSE Smallcap index, tops the list of top performing small cap IT stocks by soaring 63.45 per cent in one month. 

Following is the list of top performing small cap IT stocks, that are constituents of BSE Smallcap index :- 

Company Name

Latest Market Cap (Rs Crore)

YTD returns (per cent)

1 month returns (per cent)

Axiscades Technologies Ltd

380.8

74.33

63.45

Brightcom Group Ltd

1,125.76

49.5

58.32

Birlasoft Ltd

11,186.61

61.88

57.48

RPSG Ventures Ltd

15,29.31

71.63

49.64

Majesco Ltd

304.05

555.56

40.01

Newgen Software Technologies Ltd

3,141.01

64.74

36.64

Accelya Solutions India Ltd

1,791.38

25.15

33.45

Quick Heal Technologies Ltd

1,589.47

43.26

30.6

Happiest Minds Technologies Ltd

13,760.38

175.94

28.57