5 best semiconductor stocks in India; Bharat Electronics reaches 2,26,383.85 cr market capital
Technological advancements such as the electric vehicle (EV) revolution and the introduction of 5G have caused significant development and transformation in the semiconductor sector. Since semiconductors are essential parts of many everyday electronic devices, electric cars and the telecommunications infrastructure, these advancements have raised the demand for semiconductors.
Here are 5 best semiconductor stocks in India
Company Name | Market Cap (Rs. crores) | Stock Price (Rs.) |
Bharat Electronics Limited | 2,26,383.85 | 309.60 |
CG Power and Industrial Solutions Limited | 1,05,106.23 | 688.80 |
Hitachi Energy India Limited | 47,043.66 | 11,089.90 |
V Guard Industries Limited | 17,364.94 | 399.90 |
Havells India Limited | 1,15,218.81 | 1,839.50 |
Bharat Electronics Limited
Bharat Electronics Limited (BEL) has a market capitalization of Rs. 2,26,383.85 crores and a stock price of Rs. 309.60. BEL was established in 1954 and is primarily focused on manufacturing and delivering advanced electronic equipment for the defence sector, with a modest engagement in civilian markets. Investors are attracted to the company since it has virtually debt-free status.
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions Limited has a market capitalization of Rs. 1,05,106.23 crores and a stock price of Rs. 688.80. The company’s almost debt-free status and notable 34% profit growth over the previous five years are among its key assets.
Hitachi Energy India Limited
On February 19, 2019, Hitachi Energy India Limited, previously known as ABB Power Products and Systems India Limited (APPSIL), was founded in Bengaluru as a public limited company. With a market capitalization of Rs. 47,043.66 crores and a stock price of Rs. 11,089.90, the company is known for its extensive portfolio of energy technology solutions and is a major participant in the power technology industry.
V Guard Industries Limited
V Guard Industries Limited, a multipurpose company catering to the mass market, is situated in Kochi. It has a market capitalization of Rs. 17,364.94 crores and a stock price of Rs. 399.90. It produces and sells a broad range of consumer durables, electronics and electrical goods. Voltage stabilisers, inverters, inverter batteries, solar water heaters, distribution boards, wiring cables, industrial motors, fans, gas stoves, induction cooktops, induction cooktops, industrial motors, induction cooktops, industrial cables, etc are all part of the V-Guard product range.
Havells India Limited
Havells India Limited has a market capitalization of Rs. 1,15,218.81 crores and a stock price of Rs. 1,839.50. The company’s almost debt-free status, highlighting its financial stability, is a significant advantage. Moreover, Havells has consistently attracted dividend-seeking investors with a solid 42.5% dividend payout.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.