Best Telecom Stocks in India
Telecom stocks represent shares of companies that provide communication services, including mobile and internet connectivity, infrastructure like towers and cables, and related technology.
Today's Stock
2 Nov, 2024
symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRLE | Birla Cable Ltd | BIRLACABLE | /stocks/birla-cable-BRLE | Telecom Equipments | 228.48 | 340.00 | 207.00 | 667.05 | 30.12 | -154.22 | 2.66 | 0.79 | 9.22 | -25.66 | 170.71 | 278.28 | Smallcap | Technology Hardware & Equipment | Diversified Telecommunication Services | Communications Equipment | 2.73 |
BRTI | Bharti Airtel Ltd | BHARTIARTL | /stocks/bharti-airtel-BRTI | Telecom Services | 1,616.45 | 1,779.00 | 895.45 | 964,588.87 | 129.18 | -154.22 | 9.14 | 0.47 | 7.04 | 76.96 | 126.87 | 341.47 | Largecap | Telecommunication Services | Wireless Telecommunication Services | Wireless Telecommunication Services | 0.24 |
DIGS | Digispice Technologies Ltd | DIGISPICE | /stocks/digispice-technologies-DIGS | Telecom Equipments | 29.51 | 52.70 | 23.25 | 655.64 | 56.13 | -154.22 | 2.66 | 0.00 | 4.87 | 9.50 | -33.39 | 327.68 | Smallcap | Software & Services | Diversified Telecommunication Services | Application Software | 4.83 |
GTL | GTL Ltd | GTL | /stocks/gtl-GTL | Telecom Infrastructure | 13.40 | 19.45 | 7.50 | 205.38 | 0.97 | -154.22 | -0.04 | 0.00 | 0.00 | 77.48 | -2.55 | 857.14 | Smallcap | Software & Services | Diversified Telecommunication Services | IT Consulting & Other Services | 2.60 |
GTLI | GTL Infrastructure Ltd | GTLINFRA | /stocks/gtl-infrastructure-GTLI | Telecom Infrastructure | 2.18 | 4.33 | 0.90 | 2,663.26 | -3.91 | -154.22 | -0.52 | 0.00 | 0.00 | 142.22 | 50.34 | 384.44 | Smallcap | Telecommunication Services | Diversified Telecommunication Services | Integrated Telecommunication Services | 4.81 |
HFCL | HFCL Ltd | HFCL | /stocks/hfcl-HFCL | Telecom Equipments | 121.89 | 171.00 | 64.25 | 17,543.27 | 53.19 | -154.22 | 4.39 | 0.16 | 9.23 | 89.12 | 65.72 | 584.78 | Smallcap | Telecommunication Services | Diversified Telecommunication Services | Integrated Telecommunication Services | 0.16 |
MTNL | Mahanagar Telephone Nigam Ltd | MTNL | /stocks/mahanagar-telephone-nigam-MTNL | Telecom Services | 48.99 | 101.93 | 26.80 | 3,060.48 | -0.94 | -154.22 | -0.13 | 0.00 | 0.00 | 77.82 | 169.92 | 508.57 | Smallcap | Telecommunication Services | Wireless Telecommunication Services | Integrated Telecommunication Services | 0.82 |
PUN | Punjab Communications Ltd | PUNJCOMMU | /stocks/punjab-communications-PUN | Telecom Equipments | 52.80 | 77.40 | 36.10 | 61.34 | 6.04 | -154.22 | 3.29 | 0.00 | -58.93 | 32.13 | 52.16 | 352.05 | Smallcap | Technology Hardware & Equipment | Diversified Telecommunication Services | Communications Equipment | 3.02 |
QUAD | Quadrant Televentures Ltd | QUADRANT | /stocks/quadrant-televentures-QUAD | Telecom Services | 1.69 | 3.06 | 1.05 | 101.61 | -0.89 | -154.22 | -0.04 | 0.00 | 0.00 | 50.89 | 356.76 | 745.00 | Smallcap | Telecommunication Services | Wireless Telecommunication Services | Integrated Telecommunication Services | 1.81 |
SHMT | Shyam Telecom Ltd | SHYAMTEL | /stocks/shyam-telecom-SHMT | Telecom Equipments | 23.26 | 23.26 | 0.00 | 24.97 | -7.95 | -154.22 | -0.95 | 0.00 | 0.00 | 223.06 | 133.77 | 269.21 | Smallcap | Technology Hardware & Equipment | Diversified Telecommunication Services | Technology Distributors | 4.96 |
TAMT | Tamilnadu Telecommunication Ltd | TNTELE | /stocks/tamilnadu-telecommunication-TAMT | Telecom Equipments | 10.53 | 17.10 | 6.55 | 46.81 | -3.20 | -154.22 | -0.29 | 0.00 | 0.00 | 49.36 | 30.00 | 710.00 | Smallcap | Technology Hardware & Equipment | Diversified Telecommunication Services | Communications Equipment | 2.73 |
TATA | Tata Communications Ltd | TATACOMM | /stocks/tata-communications-TATA | Telecom Services | 1,790.80 | 2,175.00 | 1,585.55 | 50,566.10 | 52.22 | -154.22 | 28.24 | 0.94 | 58.00 | 7.13 | 41.62 | 397.65 | Midcap | Telecommunication Services | Wireless Telecommunication Services | Integrated Telecommunication Services | 0.91 |
TEJS | Tejas Networks Ltd | TEJASNET | /stocks/tejas-networks-TEJS | Telecom Equipments | 1,369.60 | 1,495.00 | 651.25 | 23,546.79 | 373.88 | -154.22 | 7.48 | 0.00 | 2.06 | 61.68 | 215.87 | 1,554.11 | Smallcap | Technology Hardware & Equipment | Diversified Telecommunication Services | Communications Equipment | 2.07 |
TTML | Tata Teleservices (Maharashtra) Ltd | TTML | /stocks/tata-teleservices-maharashtra-TTML | Telecom Services | 74.68 | 111.40 | 65.05 | 14,355.70 | -11.69 | -154.22 | -0.75 | 0.00 | 0.00 | -14.16 | 35.29 | 2,718.11 | Smallcap | Telecommunication Services | Wireless Telecommunication Services | Integrated Telecommunication Services | 1.67 |
VALIA | Valiant Communications Ltd | VALIANT | /stocks/valiant-communications-VALIA | Telecom Equipments | 588.00 | 732.20 | 267.00 | 448.85 | 72.39 | -154.22 | 8.65 | 0.00 | 14.61 | 115.54 | 591.76 | 2,309.84 | Smallcap | Technology Hardware & Equipment | Diversified Telecommunication Services | Communications Equipment | -0.68 |
About Indian Telecom Stocks
The Indian telecom sector has seen substantial growth in recent years, driven by the rapid adoption of digital services and the ongoing expansion of 4G and 5G networks. With more than a billion subscribers, the Indian telecom industry is the second-largest in the world. For investors, the sector presents a wealth of opportunities, from large telecom operators to companies providing essential infrastructure.
Overview of the Indian Telecom Industry
The telecom industry in India is crucial to the nation’s economic development, providing mobile, broadband, and digital services to a massive user base. As of 2024, the Indian telecom sector serves more than 1.2 billion users, with an increasing focus on expanding 5G coverage and improving connectivity in rural areas. The government’s Production-Linked Incentive (PLI) scheme and favourable FDI policies further encourage investment and growth.
How to Identify Telecom Sector Stocks?
Investing in telecommunication sector stocks requires a strategic approach. Telecom companies vary widely in terms of size, service offerings, and market performance. Here are some tips on how to identify promising telecom stocks:
- Use Stock Screeners: Tools like the Tickertape Stock Screener can help you filter telecom companies based on financial performance, market capitalisation, and growth potential. This is a powerful way to narrow down the list of telecom stocks that meet your investment criteria.
- Growth Potential: Look for companies with strong future prospects, particularly those investing in 5G infrastructure, broadband services, and rural network expansion. The increasing demand for mobile data and internet services ensures that telecom companies will continue to grow.
- Revenue Streams: Diversification in revenue sources is crucial. Companies that generate income from multiple services, such as mobile, broadband, and digital content, tend to be more resilient.
- Government Support: Government initiatives, such as the Digital India program and the push for 5G, provide a strong foundation for telecom companies to expand. Investing in companies aligned with these initiatives can offer long-term growth opportunities.
Advantages of Investing in Telecom Stocks
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- Consistent Demand: With over a billion mobile users and rising internet penetration, the demand for telecom services remains steady. As more people gain access to affordable smartphones and data, the sector continues to grow.
- 5G Expansion: The introduction of 5G technology will open up new markets for telecom operators and telecom equipment stocks. This technological shift will increase the demand for network infrastructure, benefiting equipment manufacturers and telecom providers.
- Government Support: The Indian government’s policies and incentives, such as the PLI scheme and the liberalisation of FDI, create a favourable environment for the growth of telecom companies stock.
Risks of Investing in Telecom Stocks
- High Debt Levels: Telecom companies often have high capital expenditure requirements due to the cost of expanding infrastructure, especially for 5G. This can lead to heavy debt burdens, affecting the performance of telecom shares during market downturns.
- Market Saturation: The telecom market in India is highly competitive, with intense price wars between key players. This competition can compress profit margins and impact the telecom share price.
- Regulatory Challenges: Changes in government policies related to spectrum pricing or taxes can directly impact the revenues of telecom companies. Investors need to keep a close watch on regulatory developments to understand their effects on telecom sector stocks.
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How do I find a list of telecom stocks?
You can access a telecom sector stocks list through stock market platforms and financial websites that offer sector-specific insights. Tools like Tickertape or NSE stock lists can help you filter the best telecom stocks based on various financial metrics.
What are telecom sector penny stocks?
Telecom sector penny stocks are low-priced stocks of smaller companies in the telecom industry. These stocks are often more volatile and carry higher risk, but they may offer significant upside potential for investors who can tolerate short-term price fluctuations.
What factors affect the telecom share price?
The telecom share price is influenced by several factors, including technological advancements, regulatory changes, competitive pricing strategies, and overall market sentiment. Investors should keep an eye on these factors when evaluating telecommunications stocks.
Are telecom equipment stocks a good investment?
Telecom equipment stocks are a solid investment opportunity, especially with the ongoing 5G rollout. Companies providing the infrastructure for telecom networks, such as fibre optics and routers, stand to benefit from the increased demand for network upgrades.
How do I track telecom stocks?
You can track telco shares using financial platforms that offer stock screening tools, real-time updates, and price tracking. Monitoring stock performance through a telecom sector share list helps you stay updated on the latest market movements.