3 Automotive Cables Maker, City Gas Distribution Company and Digital Engineering Company Stocks With a Strong Future Roadmap: Suprajit Engineering, Indraprastha Gas and Coforge

Suprajit Engineering, Indraprastha Gas and Coforge: ROE of 12.7% to 16.3% and FY22 to FY26 revenue CAGR of 20.3% to 26.3%. Prices as of 11 Nov 2026.

Updated: 12 Nov 2026 • 1:14 pm

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3 Automotive Cables Maker, City Gas Distribution Company and Digital Engineering Company Stocks With a Strong Future Roadmap: Suprajit Engineering, Indraprastha Gas and Coforge

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The three auto cable, city gas and IT services stocks to watch are Suprajit Engineering, Indraprastha Gas and Coforge. Their return on equity ranges from 12.7% to 16.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 20.3% to 26.3%. Coforge leads on both return on equity at 16.3% and revenue growth at 26.3% a year. Prices are based on the 11 November 2026 close, and this article is educational, not investment advice.

Auto cable, city gas and IT services stocks let investors follow companies that serve a growing part of the Indian economy. Suprajit Engineering, Indraprastha Gas and Coforge cover an automotive cables maker, a city gas distribution company and a digital engineering company.

This list covers three auto cable, city gas and IT services stocks with complete current figures: Suprajit Engineering, Indraprastha Gas and Coforge. Every figure comes from the latest reported financials and the 11 November 2026 market close. Companies without complete current figures were left out.

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Table of Contents

What Are Auto Cable, City Gas and IT Services Stocks?

Auto cable, city gas and IT services stocks are listed companies that make control cables, lighting and sensors for vehicles, supply CNG and piped cooking gas to a large city and nearby areas, and provide digital engineering and cloud services to global clients. Their earnings depend on vehicle output, gas volumes and client technology budgets.

Auto Cable, City Gas and IT Services Stocks at a Glance

Company	CMP (Rs)	Market Cap (Rs Cr)	P/E	Industry P/E	ROE (%)	D/E
Suprajit Engineering	463.85	6,286	33.6	36.1	12.7	0.69
Indraprastha Gas	145.14	19,943	14.7	14.3	13.5	0.01
Coforge	2,017.5	85,024	44.3	17.5	16.3	0.08

On valuation, Suprajit Engineering trades at a P/E below the industry P/E, while Indraprastha Gas and Coforge trade above it, which reflects the growth the market already expects. Readers comparing auto cable, city gas and IT services stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in auto cable, city gas and IT services stocks can use the coming numbers to test whether growth is holding.

Why Do Auto Cable, City Gas and IT Services Stocks Have a Strong Roadmap in India?

Auto cable, city gas and IT services stocks have a strong roadmap in India because rising vehicle production, a steady shift to cleaner gas fuels and wider enterprise adoption of digital services keep widening the market for these companies.

Auto cables. Every vehicle needs many control cables.
City gas. Homes and vehicles shift to cleaner fuel.
Digital engineering. Clients modernise systems on the cloud.

Why Suprajit Engineering Features Among These Auto Cable, City Gas and IT Services Stocks

Among the auto cable, city gas and IT services stocks on this list, Suprajit Engineering is a Bengaluru-based maker of automotive cables and control systems, lighting products and other components for two-wheelers, cars and commercial vehicles, with a presence in many countries.

Revenue rose from Rs 1,877 crore in FY22 to Rs 3,941 crore in FY26, a compound annual growth rate of 20.4%. Net profit grew from Rs 152 crore in FY23 to Rs 183 crore in FY26, which works out to a compound annual growth rate of 6.3%.

In the June 2026 quarter, revenue grew 19.1% year on year to Rs 1,074 crore, while net profit rose 8.6% to Rs 52.2 crore. The company has a return on equity of 12.7%, a debt to equity ratio of 0.69 and a market capitalisation of Rs 6,286 crore. The stock trades at a P/E of 33.6, below the industry P/E of 36.1.

Roadmap: The company is widening its mix through lighting, electronics and aftermarket products while keeping its strong cable franchise. A global footprint supports orders from international vehicle makers.

What to watch: Follow growth in new product lines, export programmes and margin trends.

Why Indraprastha Gas Features Among These Auto Cable, City Gas and IT Services Stocks

Among the control cable, piped fuel and software shares on this list, Indraprastha Gas distributes compressed natural gas to vehicles and piped natural gas to homes, businesses and industries in Delhi NCR and other licensed regions.

In the June 2026 quarter, revenue grew 16.5% year on year to Rs 5,145 crore. Revenue rose from Rs 7,887 crore in FY22 to Rs 16,541 crore in FY26, a compound annual growth rate of 20.3%.

Net profit for FY26 was Rs 1,544 crore, a net margin of 9.3%. The company has a return on equity of 13.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 19,943 crore. The stock trades at a P/E of 14.7, above the industry P/E of 14.3.

Roadmap: The company benefits from growing use of cleaner fuel in vehicles and homes and from new geographic areas it serves. A growing station network and household connections add to volumes.

What to watch: Track gas volumes, new station additions and input gas costs.

Why Coforge Features Among These Auto Cable, City Gas and IT Services Stocks

Among the three companies on this list, Coforge is a global IT services company that offers digital engineering, cloud, data and application services to clients in travel, banking, insurance and other industries.

The company has a return on equity of 16.3%, a debt to equity ratio of 0.08 and a market capitalisation of Rs 85,024 crore. The stock trades at a P/E of 44.3, above the industry P/E of 17.5.

Revenue rose from Rs 6,484 crore in FY22 to Rs 16,476 crore in FY26, a compound annual growth rate of 26.3%. Net profit grew from Rs 715 crore in FY22 to Rs 1,674 crore in FY26, which works out to a compound annual growth rate of 23.7%. In the June 2026 quarter, revenue grew 49.2% year on year to Rs 5,554 crore, while net profit rose 49.2% to Rs 532 crore.

Roadmap: The company focuses on large, long-running deals in sectors where it has deep domain strength. A rising share of cloud and data work and the acquisition of a leading digital services business have strengthened its pipeline.

What to watch: Check the order intake and the pace of large deal conversion.

Suprajit Engineering vs Indraprastha Gas vs Coforge on Key Financials

The table below sets the three auto cable, city gas and IT services stocks side by side on revenue, profit and margin, using reported figures.

Company	FY22 Revenue (Rs Cr)	FY26 Revenue (Rs Cr)	Revenue CAGR (FY22-FY26)	FY26 Net Profit (Rs Cr)	FY26 Net Margin
Suprajit Engineering	1,877	3,941	20.4%	183	4.6%
Indraprastha Gas	7,887	16,541	20.3%	1,544	9.3%
Coforge	6,484	16,476	26.3%	1,674	10.2%

Coforge posts the highest return on equity in this group at 16.3%. Indraprastha Gas has the largest FY26 revenue at Rs 16,541 crore, and Coforge shows the fastest revenue growth with a 26.3% compound annual rate. A useful habit with auto cable, city gas and IT services stocks is to check each new quarterly result against the capacity plans the company described earlier.

The June 2026 quarter, the latest reported, gives a fresh read on momentum:

Company	Q1 FY26 Revenue (Rs Cr)	Q1 FY27 Revenue (Rs Cr)	Year-on-Year Growth
Suprajit Engineering	902	1,074	19.1%
Indraprastha Gas	4,416	5,145	16.5%
Coforge	3,723	5,554	49.2%

Key Risks to Check Before Investing in Auto Cable, City Gas and IT Services Stocks

Every theme carries risks that deserve a check before any decision. For these auto cable, city gas and IT services stocks, the main points are: Long-term control cable, piped fuel and software shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.

Production cycles. Vehicle output can vary with demand.
Gas prices and rules. Gas costs and regulated tariffs can influence earnings.
Client spending. Technology budgets can vary with global conditions.

Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.

Use the Univest Stock Screener to filter auto cable, city gas and IT services stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Auto Cable, City Gas and IT Services Stocks

Auto cable, city gas and IT services stocks reward investors who follow demand trends, order books and margins together. Suprajit Engineering, Indraprastha Gas and Coforge each have a clear plan to grow. Based on the 11 November 2026 close, Suprajit Engineering trades at Rs 463.85, Indraprastha Gas at Rs 145.14 and Coforge at Rs 2,017.5. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these auto cable, city gas and IT services stocks to a watchlist.

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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

What are auto cable, city gas and IT services stocks?

Ans. Auto cable, city gas and IT services stocks are listed companies that make control cables, lighting and sensors for vehicles, supply CNG and piped cooking gas to a large city and nearby areas, and provide digital engineering and cloud services to global clients. Their earnings depend on vehicle output, gas volumes and client technology budgets. This list looks at three of them, Suprajit Engineering, Indraprastha Gas and Coforge, using reported FY22 to FY26 financials and the 11 November 2026 closing prices.

Which auto cable, city gas and IT services stocks are covered in this list?

Ans. This list covers Suprajit Engineering, Indraprastha Gas and Coforge. Based on the 11 November 2026 close, Suprajit Engineering traded at Rs 463.85, Indraprastha Gas at Rs 145.14 and Coforge at Rs 2,017.5. Their return on equity ranges from 12.7% to 16.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 20.3% to 26.3%.

Why do auto cable, city gas and IT services stocks have a strong future roadmap in India?

Ans. Auto cable, city gas and IT services stocks have a strong roadmap in India because rising vehicle production, a steady shift to cleaner gas fuels and wider enterprise adoption of digital services keep widening the market for these companies. The main drivers are as follows. Auto cables. Every vehicle needs many control cables. City gas. Homes and vehicles shift to cleaner fuel. Digital engineering. Clients modernise systems on the cloud. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Suprajit Engineering performed financially?

Ans. Revenue rose from Rs 1,877 crore in FY22 to Rs 3,941 crore in FY26, a compound annual growth rate of 20.4%. Net profit grew from Rs 152 crore in FY23 to Rs 183 crore in FY26, which works out to a compound annual growth rate of 6.3%. In the June 2026 quarter, revenue grew 19.1% year on year to Rs 1,074 crore, while net profit rose 8.6% to Rs 52.2 crore. The company has a return on equity of 12.7%, a debt to equity ratio of 0.69 and a market capitalisation of Rs 6,286 crore. The stock trades at a P/E of 33.6, below the industry P/E of 36.1. Looking ahead, the company is widening its mix through lighting, electronics and aftermarket products while keeping its strong cable franchise. A global footprint supports orders from international vehicle makers.

How has Indraprastha Gas performed financially?

Ans. Revenue rose from Rs 7,887 crore in FY22 to Rs 16,541 crore in FY26, a compound annual growth rate of 20.3%. Net profit for FY26 was Rs 1,544 crore, a net margin of 9.3%. In the June 2026 quarter, revenue grew 16.5% year on year to Rs 5,145 crore. The company has a return on equity of 13.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 19,943 crore. The stock trades at a P/E of 14.7, above the industry P/E of 14.3. Looking ahead, the company benefits from growing use of cleaner fuel in vehicles and homes and from new geographic areas it serves. A growing station network and household connections add to volumes.

How has Coforge performed financially?

Ans. Revenue rose from Rs 6,484 crore in FY22 to Rs 16,476 crore in FY26, a compound annual growth rate of 26.3%. Net profit grew from Rs 715 crore in FY22 to Rs 1,674 crore in FY26, which works out to a compound annual growth rate of 23.7%. In the June 2026 quarter, revenue grew 49.2% year on year to Rs 5,554 crore, while net profit rose 49.2% to Rs 532 crore. The company has a return on equity of 16.3%, a debt to equity ratio of 0.08 and a market capitalisation of Rs 85,024 crore. The stock trades at a P/E of 44.3, above the industry P/E of 17.5. Looking ahead, the company focuses on large, long-running deals in sectors where it has deep domain strength. A rising share of cloud and data work and the acquisition of a leading digital services business have strengthened its pipeline.

What risks should investors check before buying auto cable, city gas and IT services stocks?

Ans. Investors should check a few risks before buying auto cable, city gas and IT services stocks. Production cycles. Vehicle output can vary with demand. Gas prices and rules. Gas costs and regulated tariffs can influence earnings. Client spending. Technology budgets can vary with global conditions. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.

Is this list of auto cable, city gas and IT services stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 11 November 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.