10 Best Semiconductor Stocks in India
Some of the top semiconductor stocks in India for 2024
GENERALNEWS
Here are some of the best semiconductor stocks in India for 2024, based on financial performance, growth prospects, and market positioning:
Vedanta Limited:
Known for its diversified portfolio, Vedanta has made significant strides in the semiconductor industry by investing in semiconductor manufacturing facilities.
ASM Technologies Ltd:
Specializes in designing and developing systems for semiconductor equipment, showing steady growth with plans to enhance packaging productivity.
Moschip Technologies Ltd:
India’s first publicly traded fabless semiconductor company, with a strong presence in multiple industries and a history of innovative product development.
SPEL Semiconductor Ltd:
India’s first and only semiconductor IC assembly and test facility, offering turnkey solutions for semiconductor packaging.
Tata Elxsi Ltd:
A leader in technology design and services, recently expanding into semiconductor manufacturing with plans to set up assembly and testing units.
Polycab India Ltd:
While primarily known for its cables and wires, Polycab is also involved in manufacturing allied products, contributing to the semiconductor supply chain.
Honeywell Automation India Ltd:
Provides integrated automation and software solutions, catering to various industries with strong growth in semiconductor-related technologies.
CG Power and Industrial Solutions Ltd:
Engages in industrial solutions with a significant impact on the semiconductor industry through its diverse product offerings.
Havells India Ltd:
Known for manufacturing energy-efficient products and investing in technology that supports the semiconductor industry.
Dixon Technologies (India) Ltd:
A key player in electronic manufacturing services, heavily involved in the semiconductor component sector.
Investing in these companies can offer substantial growth opportunities due to the increasing demand for semiconductors driven by advancements in technology, government initiatives like "Digital India" and "Make in India," and the growing penetration of electronics in various industries.
Disclaimer :- ShareGeni is solely for educational purposes. For personalized financial advice, consult your financial advisor. We are not liable for any investment decisions made based on information provided. Invest wisely