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5 Best Big Data Stocks to buy in 2024

By :  Sachin Gupta 

Published : 03 June 2024

Infosys

It is a renowned company in the IT sector that provides services for business consulting, engineering, and outsourcing. Its share price is around Rs.1409.  Its ROCE, ROE, and OPM are 36.81%, 29.77%, and 23.72%, respectively.

Cyient

The company provides IT and engineering solutions to a range of industries. It is trading at around Rs. 1734 at present with ROCE and ROE of 20.61% and 16.03% while the OPM is noted at 15.41%. Its cash flow has increased over the quarters. 

HCL Technologies

It is one of the leading IT solutions providers globally. It is trading around Rs. 1323 with an ROCE of 27.92% and an ROE of 23.00%. Its OPM is around 19.57%. Its net profit and book value have increased over the years. 

Tata Elxsi

The company is involved in providing hardcore tech and system integration and software development services. Its shares are trading at around Rs. 6983 at present with ROCE and ROE of 38.99% and 31.61% while the OPM is noted at 30.09%. The company's operating activity and cash flows have improved. 

LTIMindtree

The company is engaged in the business of providing end-to-end software solutions. It is currently trading at around Rs. 4688 with an ROCE of 28.73% and an ROE of 22.89%. Its OPM is 17.65%. Brokers have increased their targeted price for this stock. 

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