IT - Software Sector Stocks List

NSE

BSE

Company	CMP	Change	Change (%)	Mkt Cap	PE
Melstar Information Technologies Ltd	4.25	0.08	1.92	6.07	0
Allied Digital Services Ltd	100.83	-2.74	-2.65	569.83	42.59
Blue Star Infotech Ltd	289.95	3.45	1.20	313.15	22.96
MPS Ltd	1453.3	-18.60	-1.26	2485.99	21.89
Mindtree Ltd(Merged)	3433.85	4.85	0.14	56643.29	29.95
Orchasp Ltd	2	0.00	0.00	69.29	18.36
Tata Technologies Ltd	543.15	-8.70	-1.58	22050.77	32.42
Tech Mahindra Ltd	1333.7	-16.10	-1.19	130673.22	31.47
Visesh Infotecnics Ltd	0.33	-0.02	-5.71	124.56	0
Intense Technologies Ltd	89.43	-1.81	-1.98	211.27	269.41
R Systems International Ltd	273.85	-14.35	-4.98	3244.63	14.09
LTIMindtree Ltd	4276	-47.60	-1.10	126780.54	25.05
Persistent Systems Ltd	4651.6	-62.80	-1.33	73378.99	47.33
Sasken Technologies Ltd	1046.3	-28.10	-2.62	1588.96	27.23
3i Infotech Ltd	13.08	-0.06	-0.46	271.27	5.06
Ed & Tech International Ltd	0.05	0.00	0.00	0.19	0
Brightcom Group Ltd	9.43	-0.16	-1.67	1902.90	0
Dynacons Systems & Solutions Ltd	904.6	-3.00	-0.33	1152.20	13.83
Datamatics Global Services Ltd	702.45	-29.50	-4.03	4151.93	46.39
Tera Software Ltd	345.25	2.05	0.60	431.97	21.16
Prithvi Information Solutions Ltd	1.25	-0.05	-3.85	4.33	0
Virinchi Ltd	18.47	-0.53	-2.79	200.95	8.74
FCS Software Solutions Ltd	1.47	0.00	0.00	251.30	0
Net 4 India Ltd	1.65	-0.05	-2.94	3.31	0
Cigniti Technologies Ltd	1074.3	-17.50	-1.60	2959.37	14.78
Bodhtree Consulting Ltd	13.8	-14.32	-50.92	30.17	82.19
IOL Netcom Ltd	2.25	-0.20	-8.16	6.16	0
BLS International Services Ltd	246.35	-5.40	-2.14	10143.24	318.8
Tanla Platforms Ltd	423.15	-8.65	-2.00	5611.70	17.16
Magellanic Cloud Ltd	22.34	-0.53	-2.32	1315.98	71.41
SecureKloud Technologies Ltd	21.98	-0.62	-2.74	73.44	100.59
Zylog Systems Ltd	0.35	-0.05	-12.50	2.07	1.52
Equippp Social Impact Technologies Ltd	15.4	-0.30	-1.91	158.77	0
Coral Hub Ltd	3.3	-0.05	-1.49	7.99	0
Omnitech Infosolutions Ltd	2.7	-0.10	-3.57	4.05	0
Alldigi Tech Ltd	803.55	-3.15	-0.39	1224.48	17.88
Firstsource Solutions Ltd	222.55	0.49	0.22	15734.91	33.44
Xchanging Solutions Ltd	57.75	-1.55	-2.61	643.36	17.87
Inspirisys Solutions Ltd	79.01	-1.99	-2.46	313.01	8.25
Glodyne Technoserve Ltd	0.75	-0.05	-6.25	3.39	0
Coforge Ltd	1088	-19.90	-1.80	36533.14	51.18
Cyber Media Research & Services Ltd	66.45	-3.45	-4.94	19.46	6.76
Saksoft Ltd	129.11	-2.14	-1.63	1711.37	23.13
Bartronics India Ltd	8.82	0.06	0.68	268.64	67.31
Ranklin Solutions Ltd	2.2	0.05	2.33	2.65	0
Handson Global Management (HGM) Ltd	51.31	-0.81	-1.55	64.62	12.09
Cambridge Technology Enterprises Ltd	24.41	-0.38	-1.53	47.92	19.53
Hinduja Global Solutions Ltd	370	-4.25	-1.14	1721.25	0
Dhanus Technologies Ltd	0.1	0.05	100.00	5.71	0
GSS Infotech Ltd	12	0.02	0.17	31.39	26.09
Teledata Marine Solutions Ltd	0.5	0.00	0.00	4.54	0
Teledata Technology Solutions Ltd	0.25	0.05	25.00	12.49	12
eClerx Services Ltd	1501.9	-74.00	-4.70	14313.21	68.73
Infinite Computer Solutions India Ltd	473.75	0.00	0.00	1580.22	17.31
Edserv Softsystems Ltd	2.45	-0.10	-3.92	6.45	0
Expleo Solutions Ltd	741.5	-1.60	-0.22	1150.79	11.87
AcroPetal Technologies Ltd	1.7	-0.05	-2.86	6.61	0
Latent View Analytics Ltd	282.75	-12.30	-4.17	5850.80	64.96
Taksheel Solutions Ltd	3.85	0.00	0.00	8.41	0
Bharatiya Global Infomedia Ltd	2.84	0.00	0.00	4.50	0
eMudhra Ltd	420.4	-12.35	-2.85	3481.40	115.13
PB Fintech Ltd	1451.9	-10.80	-0.74	67178.41	0
L&T Technology Services Ltd	3306.1	176.60	5.64	35043.38	26.66
Aurum Proptech Ltd	171	-4.03	-2.30	1229.72	0
Ceinsys Tech Ltd	973.25	-36.00	-3.57	1736.39	12.49
Intellect Design Arena Ltd	663	-4.10	-0.61	9253.00	40.08
AvenuesAI Ltd	14.4	-0.24	-1.64	5020.39	47.32
InfoBeans Technologies Ltd	123.94	-5.16	-4.00	1201.72	20.52
Yudiz Solutions Ltd	28.55	-1.30	-4.36	29.46	0
Quick Heal Technologies Ltd	150.1	-4.71	-3.04	814.04	124.08
GVP Infotech Ltd	5.95	-0.16	-2.62	96.90	0
Fractal Analytics Ltd	814.85	-32.25	-3.81	14012.58	83.58
NINtec Systems Ltd	294.9	-6.60	-2.19	547.81	21.25
IRIS Regtech Solutions Ltd	235.95	-1.45	-0.61	485.31	49.44
We Win Ltd	41.06	-0.32	-0.77	41.72	9.13
Airan Ltd	15.85	-0.18	-1.12	198.16	26.25
Happiest Minds Technologies Ltd	398.6	-10.45	-2.55	6069.67	30.87
Dev Information Technology Ltd	25.41	-0.33	-1.28	143.15	0
Excelsoft Technologies Ltd	80.06	1.61	2.05	921.36	18.09
Trejhara Solutions Ltd	165.25	5.16	3.22	388.43	56.67
Vertoz Ltd	36.69	-2.57	-6.55	312.71	49.7
One Point One Solutions Ltd	44.79	-0.77	-1.69	1177.62	40.32
Reliable Data Services Ltd	114.02	-2.35	-2.02	117.67	18.78
GACM Technologies Ltd-DVR	0.43	-0.01	-2.27	8.16	1.07
Innovana Thinklabs Ltd	368.15	-7.20	-1.92	760.60	25.21
Silver Touch Technologies Ltd	110.5	-5.80	-4.99	1401.25	44.62
Inventurus Knowledge Solutions Ltd	1341.8	-32.10	-2.34	23033.76	47.39
Route Mobile Ltd	462.35	-13.60	-2.86	2912.95	21.38
E2E Networks Ltd	2346.1	3.40	0.15	4822.41	0
KPIT Technologies Ltd	661.2	-10.05	-1.50	18126.39	32.37
Softtech Engineers Ltd	257.05	-2.35	-0.91	355.81	54.44
Mindpool Technologies Ltd	71.1	2.55	3.72	30.13	374.21
Affle 3i Ltd	1337.6	-40.20	-2.92	18827.71	152.48
Synoptics Technologies Ltd	46	-2.05	-4.27	39.01	10.09
Xelpmoc Design and Tech Ltd	100.45	-7.13	-6.63	148.26	0
RPSG Ventures Ltd	614	1.55	0.25	2031.51	13.92
Sigma Solve Ltd	40.68	-1.79	-4.21	418.09	67.51
Ksolves India Ltd	278.05	-4.35	-1.54	659.55	21.98
Secmark Consultancy Ltd	111.95	-2.74	-2.39	116.95	57.25
AAA Technologies Ltd	92.17	-1.00	-1.07	118.22	34.89
DRC Systems India Ltd	13.19	-0.15	-1.12	190.04	39.41
Network People Services Technologies Ltd	954.4	-30.40	-3.09	1989.99	58.94
Unicommerce eSolutions Ltd	96	-3.34	-3.36	1078.84	39.86
Micropro Software Solutions Ltd	18.15	-1.30	-6.68	25.95	0
Vivo Collaboration Solutions Ltd	72.6	-3.40	-4.47	14.63	0
Quadpro ITeS Ltd	2.2	-0.10	-4.35	11.12	16.92
Rategain Travel Technologies Ltd	490.5	-19.35	-3.80	5793.99	88.3
Tracxn Technologies Ltd	31.95	-0.21	-0.65	340.91	0
C.E. Info Systems Ltd	944.6	-22.50	-2.33	5169.01	37.72
VL E-Governance & IT Solutions Ltd	12.85	-0.36	-2.73	139.36	0
Globesecure Technologies Ltd	31	0.20	0.65	49.41	0
Capillary Technologies India Ltd	515	-0.35	-0.07	4084.56	0
Aurum PropTech Ltd Partly Paidup	131	-1.70	-1.28	5.72	0
Fidel Softech Ltd	121	-3.40	-2.73	166.38	15.59
Paramatrix Technologies Ltd	70.25	-4.70	-6.27	80.85	22.44
Varanium Cloud Ltd	5.85	0.25	4.46	23.70	0.22
All E Technologies Ltd	142	-0.95	-0.66	286.76	11.96
Kandarp Digi Smart BPO Ltd	131	-9.00	-6.43	117.55	77.78
Pine Labs Ltd	161.04	-3.77	-2.29	18491.84	147.32
Quicktouch Technologies Ltd	30.85	-1.60	-4.93	39.54	0
Vertexplus Technologies Ltd	110.2	-5.75	-4.96	60.39	74.33
Sahana Systems Ltd	988.95	-16.05	-1.60	873.95	51.41
Virtual Galaxy Infotech Ltd	123.85	2.00	1.64	308.00	9.43
Systango Technologies Ltd	242.85	-0.15	-0.06	356.23	17.32
Zaggle Prepaid Ocean Services Ltd	217.7	-6.91	-3.08	2927.16	23.77
Tridhya Tech Ltd	10	-0.90	-8.26	23.29	0
Diensten Tech Ltd	98	1.00	1.03	80.95	0
Plada Infotech Services Ltd	10.55	-0.45	-4.09	9.05	4.86
Kody Technolab Ltd	727.3	-12.70	-1.72	927.13	53.55
Odigma Consultancy Solutions Ltd	22.99	0.10	0.44	71.86	0
Canarys Automations Ltd	21.9	-0.30	-1.35	125.26	14.9
BLS E-Services Ltd	142.58	0.03	0.02	1295.43	86.51
HRH Next Services Ltd	23.5	-0.50	-2.08	31.03	10.08
Delaplex Ltd	107	-2.50	-2.28	97.48	9.65
Enser Communications Ltd	12	0.05	0.42	104.59	12.71
Trident Techlabs Ltd	222.05	-11.65	-4.99	383.73	35.09
Enfuse Solutions Ltd	180.95	-15.05	-7.68	160.10	49.44
Trust Fintech Ltd	31.5	-0.40	-1.25	75.05	8.44
TAC Infosec Ltd	444.2	-6.00	-1.33	933.99	72.85
Adroit Infotech Ltd Partly Paidup	6.29	-0.13	-2.02	1.94	0
Digitide Solutions Ltd	83.35	-3.36	-3.87	1242.01	17.7
Orient Technologies Ltd	265.7	2.35	0.89	1217.06	28.79
Pelatro Ltd	302.65	2.55	0.85	320.73	64.39
S A Tech Software India Ltd	43.15	0.95	2.25	56.34	7.6
Sagility Ltd	38.64	-0.85	-2.15	18088.65	48.16
Seshaasai Technologies Ltd	251.7	-2.40	-0.94	4072.65	18.39
Finbud Financial Services Ltd	95	-3.75	-3.80	180.97	22.19
California Software Company Ltd Partly Paidup	3.23	0.13	4.19	14.98	0
Optivalue Tek Consulting Ltd	68	0.70	1.04	159.20	12.94
TechD Cybersecurity Ltd	481.1	-1.00	-0.21	359.85	42.93
Infibeam Avenues Ltd Partly Paidup	12.87	1.38	12.01	12.92	0
GVP Infotech Ltd Partly Paidup	2.65	-0.03	-1.12	5.61	0
Yaap Digital Ltd	140.05	-6.95	-4.73	293.17	0
Mobilise App Lab Ltd	47.45	-2.45	-4.91	45.13	0
Marushika Technology Ltd	106	-0.15	-0.14	90.49	0
Zensar Technologies Ltd	557.15	-7.25	-1.28	12671.29	19.71
Wipro Ltd	200.01	-2.50	-1.23	209771.44	17.66
Black Box Ltd	508.5	-13.65	-2.61	8702.34	384.19
Geodesic Ltd	4.45	-0.20	-4.30	40.21	0.17
DigiSpice Technologies Ltd	17.7	0.06	0.34	415.01	0
Rolta India Ltd	1.62	-0.05	-2.99	26.87	0
Spanco Ltd	11.75	0.55	4.91	38.60	0
Genesys International Corporation Ltd	270	-1.30	-0.48	1128.34	26.47
Tata Elxsi Ltd	4279.2	-50.80	-1.17	26657.61	42.74
Satyam Computer Services Ltd(Merged)	115.15	0.15	0.13	13558.34	12.32
Mastek Ltd	1552.6	-5.10	-0.33	4812.65	25.19
Infosys Ltd	1260.5	-5.30	-0.42	511182.05	17.91
Mindteck (India) Ltd	187	-4.71	-2.46	597.54	27.42
Mphasis Ltd	2140.7	-44.50	-2.04	40816.28	29.23
Vakrangee Ltd	5.86	-0.16	-2.66	634.75	54.91
R S Software (India) Ltd	27.9	0.05	0.18	72.07	0
Onward Technologies Ltd	241.6	-10.80	-4.28	549.73	17.45
Trigyn Technologies Ltd	47.31	-1.34	-2.75	145.65	0
63 Moons Technologies Ltd	573.75	-20.30	-3.42	2643.76	64.8
Kellton Tech Solutions Ltd	16.8	-0.35	-2.04	886.71	65.77
Aftek Ltd	1.9	-0.05	-2.56	20.94	0
Info-Drive Software Ltd	0.65	0.00	0.00	42.59	0
Cadsys (India) Ltd	47.3	0.25	0.53	47.31	87.59
Adroit Infotech Ltd	9.34	-0.32	-3.31	50.60	0
Alankit Ltd	7.88	0.01	0.13	213.67	14.87
Tata Consultancy Services Ltd	2423.7	-18.70	-0.77	876915.87	18.1
HCL Technologies Ltd	1348.1	-10.00	-0.74	365829.19	30.04
ICSA (India) Ltd	0.2	0.00	0.00	0.96	0
Nucleus Software Exports Ltd	813.8	56.85	7.51	2142.35	12.24
Spectacle Ventures Ltd	1.4	0.00	0.00	7.20	0
Panoramic Universal Ltd	1.65	0.00	0.00	12.83	0
Cybertech Systems & Software Ltd	102.39	-2.01	-1.93	318.75	13.95
Zenith Infotech Ltd	2.6	-0.10	-3.70	3.30	0
Aurionpro Solutions Ltd	894.6	-26.85	-2.91	4943.71	45.92
KLG Systel Ltd	4.1	-0.10	-2.38	5.21	0
Hexaware Technologies Ltd	415.75	-2.95	-0.70	25402.99	29.98
Sonata Software Ltd	236.05	-6.40	-2.64	6619.43	27.76
Ramco Systems Ltd	419.1	1.05	0.25	1569.12	70.72
IGate Computer Systems Ltd(Merged)	515.8	-0.70	-0.14	7007.06	14.72
XT Global Infotech Ltd	33.88	-0.14	-0.41	454.41	91.78
Geometric Ltd (Merged)	262.1	-0.55	-0.21	1754.05	16.31
Oracle Financial Services Software Ltd	6607.5	-87.00	-1.30	57504.55	16.65
Aion-Tech Solutions Ltd	37.52	-0.19	-0.50	196.09	81.85
Cyient Ltd	879	-23.55	-2.61	9767.48	22.01
Newgen Software Technologies Ltd	442.15	-9.70	-2.15	6292.58	20.98
Quintegra Solutions Ltd	1.2	0.01	0.84	3.22	0
Subex Ltd	8.24	-0.21	-2.49	464.47	0
California Software Company Ltd	12.58	-0.12	-0.94	19.45	11.16
Tricom India Ltd	0.5	0.00	0.00	3.96	0
Protean eGov Technologies Ltd	529.75	-21.45	-3.89	2151.67	22.77
GACM Technologies Ltd	0.48	0.00	0.00	52.93	6.86
Helios & Matheson Information Technology Ltd	10.05	-0.50	-4.74	26.54	0.53
Accelya Solutions India Ltd	1191.2	-9.10	-0.76	1778.02	15.57
Cura Technologies Ltd	114.46	5.45	5.00	113.32	0
Birlasoft Ltd	366.45	-8.15	-2.18	10242.51	33.36
Polaris Consulting & Services Ltd	474.5	-0.15	-0.03	4892.03	31.13
Micro Technologies (India) Ltd	3.6	-0.15	-4.00	12.28	0
IZMO Ltd	712	-22.20	-3.02	1065.34	0

Invest wise with Expert advice

Top IT Sector Shares to Buy in 2025

India's IT sector is booming, and no, it’s not just hype. With global demand for digital services, AI, and SaaS platforms on the rise, IT sector stocks have become a hot favourite among investors. From industry veterans to first-time traders, everyone’s watching this space. If you're wondering whether it's the right time to invest in IT shares, let’s just say: the growth charts are doing all the talking, and it's all green.

Overview of the IT Sector in India

The Indian IT industry has evolved from humble beginnings into a global powerhouse. With over $250 billion in revenues (FY24), it’s one of the largest contributors to India's GDP and exports. Giants like TCS and Infosys aren’t just domestic names. They’re global brands delivering cutting-edge software, AI, and cloud solutions across continents. What’s powering this growth?

AI and Automation: Every sector, from healthcare to retail, wants AI-powered tools.
SaaS Models: Many companies are leading the software-as-a-service charge.
Digital Transformation: Enterprises globally are moving their processes online, and Indian IT firms are making it happen.

Bottom line? The information technology shares in India are no longer just about outsourcing; they’re about innovation.

Top IT Shares in India

If you're planning to pick winners from the IT stocks list, here's a quick look at some of the top IT stocks you should definitely have on your radar:

Company	Market Cap (₹ Cr)
Tata Consultancy Services (TCS)	₹12.710 Trillion
Infosys Ltd	₹6.728 Trillion
HCL Technologies	₹4.702 Trillion
Wipro Ltd	₹2.752 Trillion
Tech Mahindra	₹1.498 Trillion
Persistent Systems	₹930.29 Billion
L&T Technology Services	₹478.35 Billion

This IT sector share list combines large-cap stability with a dash of mid-cap flair. Some of these names, like Persistent Systems, have shown incredible resilience and performance, perfect for those looking for IT sector growth stocks.

Best Performing IT Stocks

Let’s talk about the top performers who have shown incredible growth - the best performing IT stocks that are turning heads with their financials and future outlook.

Persistent Systems:
- YoY Growth: 18.8%
- Debt-Free: Almost nil
- Strong ROE: Over 20%
- A solid midcap IT company stock with a global client base and deep focus on digital transformation.
HCL Technologies:
- YoY Growth: 11.22%
- Robust R&D: Growing presence in AI and cloud solutions
- Low Debt: Excellent balance sheet and improving margins.
TCS:
- Consistent Performer: Market leader with diversified revenues.
- ROE: Around 40%, with solid dividends.
- Great pick if you want blue-chip exposure in IT shares.

If you're browsing through the IT shares list looking for sustainable and reliable returns, these are the names worth circling with a red pen.

How to Choose the Right IT Stocks

Picking from the IT sector stocks isn’t about chasing the most popular name; it's about doing your homework. Here’s how to shortlist like a pro:

Revenue Growth

Companies with consistent top-line growth over 3–5 years usually have stable client relationships.

Digital Transformation Focus

Look for companies that are investing in next-gen services - AI, ML, cloud computing.

Global Exposure

IT companies with US, UK, or Europe-heavy revenues often enjoy higher billing rates and larger contracts.

Promoter Stability

High promoter holding is a sign of trust in the business. Look for transparency and consistent governance. If you're diving into the IT share price list, these pointers will help you filter noise from quality.

How to Invest in IT Sector Shares

Okay, so you’ve picked a few favourites from the IT stocks list — now what? Here's your guide to making your first move:

Open a Demat & Trading Account:

You can do this online through relevant platforms or opt for traditional brokers.

Do Your Research:

Revisit the IT share price, quarterly results, and business outlook. Stay away from just following the crowd.

Place Your Order:

You can place a market order or a limit order, depending on your risk comfort.

Track & Rebalance:

Keep an eye on your portfolio every quarter. IT stocks can be cyclical, so timing matters. Don’t forget that investing in IT company stocks is like planting a tech tree. Water it with patience and research, and it’ll bear fruit long term. Whether you're a newbie investor or a seasoned pro, IT sector stocks offer a front-row seat to the future of global tech. They’re not just numbers on a screen — they’re your gateway to owning a slice of India’s most innovative industry. So, pull up the IT sector share list, study the IT share price trends, and start making your move. The digital future isn't coming; it’s already here. Time to invest like it.

IT - Software FAQs

1. What are IT sector stocks?

They are shares of companies in the software, tech services, and digital product domains, including TCS, Infosys, Wipro, etc.

2. How can I find the updated IT share price list?

You can check NSE/BSE websites or stock trading platforms for live prices and trends of all IT companies.

3. Are IT stocks suitable for long-term investment?

Yes. Many Indian IT stocks are fundamentally strong, with healthy cash flows, global presence, and consistent dividends.

4. Where can I find the full IT shares list?

The most popular financial platforms and websites offer a complete IT shares list with price, PE ratios, and growth numbers.

5. Do IT sector stocks offer dividends?

Absolutely. Large-cap names like TCS and Infosys are known for consistent dividend payouts, making them attractive for passive income seekers.

Invest wise with Expert advice

IT - Software FAQs

1. What are IT sector stocks?

They are shares of companies in the software, tech services, and digital product domains, including TCS, Infosys, Wipro, etc.

2. How can I find the updated IT share price list?

You can check NSE/BSE websites or stock trading platforms for live prices and trends of all IT companies.

3. Are IT stocks suitable for long-term investment?

Yes. Many Indian IT stocks are fundamentally strong, with healthy cash flows, global presence, and consistent dividends.

4. Where can I find the full IT shares list?

The most popular financial platforms and websites offer a complete IT shares list with price, PE ratios, and growth numbers.

5. Do IT sector stocks offer dividends?

Absolutely. Large-cap names like TCS and Infosys are known for consistent dividend payouts, making them attractive for passive income seekers.

IT - Software Sector Stocks List

IT - Software Sector Stocks List

NSE

BSE

Top IT Sector Shares to Buy in 2025

Overview of the IT Sector in India

Top IT Shares in India

Best Performing IT Stocks

How to Choose the Right IT Stocks

Revenue Growth

Digital Transformation Focus

Global Exposure

Promoter Stability

How to Invest in IT Sector Shares

Open a Demat & Trading Account:

Do Your Research:

Place Your Order:

Track & Rebalance:

IT - Software FAQs

1. What are IT sector stocks?

2. How can I find the updated IT share price list?

3. Are IT stocks suitable for long-term investment?

4. Where can I find the full IT shares list?

5. Do IT sector stocks offer dividends?

TOP NEWS

Top Stocks for Today - 30th January 2026

Top Stocks for Today - 29th January 2026

Top Stocks for Today - 28th January 2026

Top Stocks for Today - 27th January 2026

Top Stocks for Today - 23rd January 2026

Knowledge Center

Demat Account

Trading Account

IT - Software FAQs

1. What are IT sector stocks?

2. How can I find the updated IT share price list?

3. Are IT stocks suitable for long-term investment?

4. Where can I find the full IT shares list?

5. Do IT sector stocks offer dividends?

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES