
3 Global IT Services Major, Dairy Products Company and Power Generation and Distribution Utility Stocks With a Strong Future Roadmap: Infosys, Dodla Dairy and CESC
Infosys, Dodla Dairy and CESC: ROE of 12.3% to 31.0% and FY22 to FY26 revenue CAGR of 10.2% to 16.7%. Prices as of 9 Nov 2026.
Updated: 10 Nov 2026 • 11:35 am
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The three IT major, dairy and power utility stocks to watch are Infosys, Dodla Dairy and CESC. Their return on equity ranges from 12.3% to 31.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.2% to 16.7%. Infosys has the highest return on equity at 31.0%, while Dodla Dairy has the fastest revenue growth at 16.7% a year. Prices are based on the 9 November 2026 close, and this article is educational, not investment advice.
IT major, dairy and power utility stocks offer a focused view of a sector where demand keeps widening. Infosys, Dodla Dairy and CESC cover a global IT services major, a dairy products company and a power generation and distribution utility.
This list covers three IT major, dairy and power utility stocks with complete current figures: Infosys, Dodla Dairy and CESC. Every figure comes from the latest reported financials and the 9 November 2026 market close. Companies without complete current figures were left out.
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What Are IT Major, Dairy and Power Utility Stocks?
IT major, dairy and power utility stocks are listed companies that provide technology and consulting services to global clients, procure, process and sell milk and dairy products, and generate and distribute electricity to urban customers. Their earnings depend on client technology budgets, consumer dairy sales and power demand.
IT Major, Dairy and Power Utility Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Infosys | 1,171.6 | 468,528 | 15.4 | 17.6 | 31.0 | 0.09 |
| Dodla Dairy | 989 | 6,064 | 24.8 | 33.9 | 15.9 | 0.03 |
| CESC | 131 | 17,716 | 10.9 | 21.8 | 12.3 | 1.73 |
On valuation, all three trade at a P/E below their industry P/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing IT major, dairy and power utility stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do IT Major, Dairy and Power Utility Stocks Have a Strong Roadmap in India?
IT major, dairy and power utility stocks have a strong roadmap in India because rising global spending on digital services, growing use of packaged dairy and steady electricity consumption keep widening the market for these companies.
- IT services. Global firms keep investing in digital work.
- Dairy. Households buy more milk and curd.
- Power utility. Cities and factories use more electricity.
Why Infosys Features Among These IT Major, Dairy and Power Utility Stocks
Among the IT major, dairy and power utility stocks on this list, Infosys is a leading Indian technology services company that provides digital, cloud, data and consulting services to global enterprises across banking, retail, energy and other industries.
The company has a return on equity of 31.0%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 468,528 crore. The stock trades at a P/E of 15.4, below the industry P/E of 17.6.
Revenue rose from Rs 123,936 crore in FY22 to Rs 182,972 crore in FY26, a compound annual growth rate of 10.2%. Net profit grew from Rs 22,146 crore in FY22 to Rs 29,474 crore in FY26, which works out to a compound annual growth rate of 7.4%.
Roadmap: The company is investing in artificial intelligence and cloud services, which are becoming central to client budgets. Large deal wins and strong client relationships support steady growth.
What to watch: Track large deal wins, margin trends and client demand for artificial intelligence services.
Why Dodla Dairy Features Among These IT Major, Dairy and Power Utility Stocks
Among the technology, milk and electricity shares on this list, Dodla Dairy, based in Hyderabad, procures milk from farmers and sells milk and value-added products such as curd, ghee and ice creams across South and East India, with operations in Africa.
Revenue rose from Rs 2,257 crore in FY22 to Rs 4,186 crore in FY26, a compound annual growth rate of 16.7%. Net profit grew from Rs 133 crore in FY22 to Rs 267 crore in FY26, which works out to a compound annual growth rate of 19.1%.
In the June 2026 quarter, revenue grew 18.3% year on year to Rs 1,212 crore. The company has a return on equity of 15.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 6,064 crore. The stock trades at a P/E of 24.8, below the industry P/E of 33.9.
Roadmap: The company is growing its value-added products, widening its geographic coverage and adding procurement strength. Value-added dairy brings better margins than plain milk, and a bigger farmer base secures supply.
What to watch: Track milk procurement prices and the growth in value-added products.
Why CESC Features Among These IT Major, Dairy and Power Utility Stocks
Among the three companies on this list, CESC is a Kolkata-based power company that generates and distributes electricity to Kolkata and Howrah, and it also runs distribution businesses in other states and a growing renewable energy platform through its subsidiary.
In the June 2026 quarter, revenue grew 5.2% year on year to Rs 5,559 crore, while net profit rose 3.7% to Rs 419 crore. Revenue rose from Rs 12,827 crore in FY22 to Rs 18,927 crore in FY26, a compound annual growth rate of 10.2%.
Net profit grew from Rs 1,447 crore in FY24 to Rs 1,618 crore in FY26, which works out to a compound annual growth rate of 5.7%. The company has a return on equity of 12.3%, a debt to equity ratio of 1.73 and a market capitalisation of Rs 17,716 crore. The stock trades at a P/E of 10.9, below the industry P/E of 21.8.
Roadmap: The company is expanding its renewable portfolio and distribution reach, using a stable city distribution franchise as the base. It also holds retail and other businesses that add diversification.
What to watch: Track renewable capacity addition and the progress of newer distribution franchises.
Infosys vs Dodla Dairy vs CESC on Key Financials
The table below sets the three IT major, dairy and power utility 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 |
|---|---|---|---|---|---|
| Infosys | 123,936 | 182,972 | 10.2% | 29,474 | 16.1% |
| Dodla Dairy | 2,257 | 4,186 | 16.7% | 267 | 6.4% |
| CESC | 12,827 | 18,927 | 10.2% | 1,618 | 8.5% |
Infosys posts the highest return on equity in this group at 31.0%. Infosys has the largest FY26 revenue at Rs 182,972 crore, and Dodla Dairy shows the fastest revenue growth with a 16.7% compound annual rate. A useful habit with IT major, dairy and power utility stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in IT Major, Dairy and Power Utility Stocks
Every theme carries risks that deserve a check before any decision. For these IT major, dairy and power utility stocks, the main points are: Long-term technology, milk and electricity shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Client spending. Technology budgets can vary with global conditions.
- Raw material costs. Ingredient and packaging prices can move margins.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
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 IT major, dairy and power utility stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on IT Major, Dairy and Power Utility Stocks
IT major, dairy and power utility stocks reward patient research into demand, execution and financial strength. Infosys, Dodla Dairy and CESC each have a clear plan to grow. Based on the 9 November 2026 close, Infosys trades at Rs 1,171.6, Dodla Dairy at Rs 989 and CESC at Rs 131.
Download the Univest iOS App or Univest Android App to track IT major, dairy and power utility stocks, set price alerts and get research-backed stock ideas.
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 IT major, dairy and power utility stocks?
Ans. IT major, dairy and power utility stocks are listed companies that provide technology and consulting services to global clients, procure, process and sell milk and dairy products, and generate and distribute electricity to urban customers. Their earnings depend on client technology budgets, consumer dairy sales and power demand. This list looks at three of them, Infosys, Dodla Dairy and CESC, using reported FY22 to FY26 financials and the 9 November 2026 closing prices.
Which IT major, dairy and power utility stocks are covered in this list?
Ans. This list covers Infosys, Dodla Dairy and CESC. Based on the 9 November 2026 close, Infosys traded at Rs 1,171.6, Dodla Dairy at Rs 989 and CESC at Rs 131. Their return on equity ranges from 12.3% to 31.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.2% to 16.7%.
Why do IT major, dairy and power utility stocks have a strong future roadmap in India?
Ans. IT major, dairy and power utility stocks have a strong roadmap in India because rising global spending on digital services, growing use of packaged dairy and steady electricity consumption keep widening the market for these companies. The main drivers are as follows. IT services. Global firms keep investing in digital work. Dairy. Households buy more milk and curd. Power utility. Cities and factories use more electricity. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Infosys performed financially?
Ans. Revenue rose from Rs 123,936 crore in FY22 to Rs 182,972 crore in FY26, a compound annual growth rate of 10.2%. Net profit grew from Rs 22,146 crore in FY22 to Rs 29,474 crore in FY26, which works out to a compound annual growth rate of 7.4%. The company has a return on equity of 31.0%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 468,528 crore. The stock trades at a P/E of 15.4, below the industry P/E of 17.6. Looking ahead, the company is investing in artificial intelligence and cloud services, which are becoming central to client budgets. Large deal wins and strong client relationships support steady growth.
How has Dodla Dairy performed financially?
Ans. Revenue rose from Rs 2,257 crore in FY22 to Rs 4,186 crore in FY26, a compound annual growth rate of 16.7%. Net profit grew from Rs 133 crore in FY22 to Rs 267 crore in FY26, which works out to a compound annual growth rate of 19.1%. In the June 2026 quarter, revenue grew 18.3% year on year to Rs 1,212 crore. The company has a return on equity of 15.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 6,064 crore. The stock trades at a P/E of 24.8, below the industry P/E of 33.9. Looking ahead, the company is growing its value-added products, widening its geographic coverage and adding procurement strength. Value-added dairy brings better margins than plain milk, and a bigger farmer base secures supply.
How has CESC performed financially?
Ans. Revenue rose from Rs 12,827 crore in FY22 to Rs 18,927 crore in FY26, a compound annual growth rate of 10.2%. Net profit grew from Rs 1,447 crore in FY24 to Rs 1,618 crore in FY26, which works out to a compound annual growth rate of 5.7%. In the June 2026 quarter, revenue grew 5.2% year on year to Rs 5,559 crore, while net profit rose 3.7% to Rs 419 crore. The company has a return on equity of 12.3%, a debt to equity ratio of 1.73 and a market capitalisation of Rs 17,716 crore. The stock trades at a P/E of 10.9, below the industry P/E of 21.8. Looking ahead, the company is expanding its renewable portfolio and distribution reach, using a stable city distribution franchise as the base. It also holds retail and other businesses that add diversification.
What risks should investors check before buying IT major, dairy and power utility stocks?
Ans. Investors should check a few risks before buying IT major, dairy and power utility stocks. Client spending. Technology budgets can vary with global conditions. Raw material costs. Ingredient and packaging prices can move margins. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. 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 IT major, dairy and power utility stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 9 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.
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