The study attempts to analyze the shareholders’ value using Economic Value Added (EVA) and Market Value Added (MVA) performance measures on the selected Information Technology (IT) companies in India. It provides the ranking and classification of the selected IT companies in India based on MVA and EVA measures. A sample of 119 Information Technology companies in India has been selected using the Capitaline Database for the year 2007-08 to 2016-17. The study found that in totality, all the selected Information Technology companies were value creators (EVA+) except a few companies which were neither value creator nor value destroyer (EVA=0). Accordingly, almost 45% (i.e., EVA+ and MVA+) of the companies are value creators as well as wealth creators, while 55% of the IT companies (EVA+ and MVA-) are performing well. Still, the market is not optimistic about these companies. The IT giants like Wipro Ltd., HCL Technologies Ltd., Tech Mahindra Ltd., Tata Consultancy Services Ltd., and 3i Infotech Ltd., BPO have emerged as the best-performing companies in India. The in-depth analysis based on EVA and MVA of the selected companies will provide insights into the Information and Technology sector to help the investors in their decision to invest in this sector.