If you’re interested in investing in the IT industry, digital company stocks could be an option to consider. These stocks provide services like online banking, shopping and social media.
Although tech stocks have underperformed this year, their performance could see a rebound in 2022 as interest rates peak and inflation subsides. Investors should look for value stocks and top online businesses to get the best deal.
Nkyaa
Nykaa‘s online retail website features products from global brands and offers customers additional services, such as delivery and returns.
The company uses an inventory model, whereby products purchased directly from manufacturers are stored safely within their warehouses to prevent fraudulent products from entering the marketplace.
Nykaa shares have been under intense pressure ever since pre-IPO investors entered a lock-in period at its end on February 11th. Their stock has plunged over 50% from its initial offering price.
Indiamart
Indiamart is a giant in online retailing, boasting numerous innovative products and services. Of particular note is their work from home initiative; employees can take advantage of it to spend more time with their families while still fulfilling their employment responsibilities – thus improving morale overall.
Stock investing can be a complex undertaking, especially when it comes to reviewing financial statements of an entity. There are various tools that can make the process simpler and faster – from apps on phones and computers, to research tools designed specifically for stock investments – but one tool stands out among all others as an indispensable ally in finding and assessing quality products and services offered by any given firm.
Xchanging Solutions
Xchanging Solutions is an IT firm offering services to companies operating within the Global Insurance, Banking & Financial Service, Healthcare, Real Estate & Manufacturing Industries in the US, Europe, India & Singapore.
Based in London, UK and offering technology-enabled business process outsourcing services globally. Their market-leading insurance software Xuber is among the many products they provide.
Xchanging Solutions Ltd (formerly Cambridge Solutions) was established in 2002. Operating through subsidiaries located throughout multiple countries – such as the US, UK and Singapore.
63 Moons Tech
63 Moons Tech is a leading provider of technology ventures, innovations, platforms and solutions to create digital markets and marketplaces. Their products and services enable price discovery and transaction efficiencies across industry segments.
Established in 2016, 63 Moons Tech is dedicated to digitally disrupting industries in India such as financial information and payment services using cutting-edge IT platforms. Furthermore, the company emphasizes innovation and inclusivity for end-users’ benefit.
Spuma SRL of Italy will serve as their partner and will offer next-generation technology capabilities and solutions, making for one of the biggest production proof-of-concept projects aimed at building trust and traceability, rivalling smart chain technology.
Tata Consultancy Services
Tata Consultancy Services (TCS), founded in 1968, is an internationally acclaimed multinational IT provider employing over 436,000 experienced consultants worldwide. TCS serves clients in multiple industries and markets such as e-governance, banking and financial services, insurance and telecommunications.
TCS provides an integrated and consulting-led portfolio of business, technology and engineering services and solutions, delivered via its unique Location Independent AgileTM delivery model that has become an industry benchmark of excellence in software development.
Tata Consultancy Services is part of India’s premier multinational business group and employs more than 453,000 highly trained consultants spread over 46 countries. TCS’s commitment to climate change mitigation, community involvement efforts and award-winning work have earned it recognition by leading sustainability indices.
Infosys
Infosys is a leading IT services company offering business process outsourcing (BPO), software development, technology consulting services and infrastructure management. Key growth drivers for Infosys include strong demand for cloud, Internet of Things security solutions and data analytics services.
Infosys was founded in 1981 by N.R. Narayana Murthy and seven other software engineers in Bangalore, India. Today it stands as one of the foremost innovators in developing software systems and applications to meet the rapidly-expanding global electronic commerce market.
Infosys was listed on NASDAQ in 1999, making history as India’s first company to achieve that feat and offering employee stock option plans that enabled many of their employees to become millionaires.
