- By Aditya Pratap Singh
- Tue, 26 Dec 2023 02:07 PM (IST)
- Source:JND
Information Technologies (IT) Sector stocks have been a most reliable choice for a decent 15 to 20 per cent yearly return. Most of them have multiple times returns to their investors in the long run. But, 2023 has not been the year of IT stocks as many of them did not perform well during the period. However, Shares of HCL Tech, and Wipro rose above 20 per cent in the last 12 months.
Performance of major IT Sector stocks in 2023
Tata Consultancy Service (TCS)
Shares of the Tata Group's company rose above 15 per cent in the last 12 months. TCS shares were trading at the level of Rs 3252.90 on December 26 a year back, and a year later- December 26, 2023- the stock was trading at Rs 3811.40 (At around 12:53 Pm). The stock gave around 17 per cent return in the given period. Meanwhile, 52-week high and low values remain at Rs 3,929, and Rs 3,070.25 respectively.
Infoysis
Narayan Murthy's company stock has been almost steady in the last 12 months. The shares of Infosys rose only 2.6 per cent in the last 12 months. The stock was at the level of Rs 1502 on December 26 2022 and a year later- December 26, 2023- it was trading at the level of Rs 1543.55. Meanwhile, the 12-week high and low values have been Rs 1619.74, and 1185.30 respectively.
HCL Tech
Amongst the top IT companies, the shares of HCL rose above 40 per cent in the past 12 months. The stock was trading at the level of Rs 1461.70 (At around 12:53 Pm) on December 26, 2023. A year ago, on 26 December 2022, the shares were trading at Rs 1031.70, which means the stock gave around 44 per cent return in the last 12 months. Meanwhile, the 52-week high and low values of the Ifoysis stock have been Rs 1509.90, and 1016.25 respectively.
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Wipro
Shares of Azim Premji's company rose above 20 per cent in the last 12 months. Wipro shares were trading at the level of Rs 380.50 on December 26 a year back, and a year later- December 26, 2023- the stock was trading at Rs 473 (At around 12:53 Pm). The stock gave around 24 per cent return in the given period. Meanwhile, 52-week high and low values remain at Rs 475.80 and Rs 352 respectively.
Tech Mahindra
Mahindra's company stock rose around 27 per cent in the last 12 months. The stock was at the level of Rs 1001 on December 26, 2022, and a year later- December 26, 2023- it was trading at the level of Rs 1280.45 (at around 1:00 PM). Meanwhile, the 12-week high and low values have been Rs 1619.74, and 1185.30 respectively.
Happiest Mind Technologies
The IT Sector stock has been almost steady in the last 12 months. The shares of Happiest Mind Technologies rose 4.5 per cent in the last 12 months. The stock was at the level of Rs 873 on December 26 2022 and a year later- December 26, 2023- it was trading at the level of Rs 912.95 (at around 1:00 P.m.). Meanwhile, the 12-week high and low values have been Rs 1,023, and 763.25 respectively.
