What are semiconductors stocks?
Semiconductor stocks are the shares of the companies engaged in the manufacturing and marketing them. It is a small electrical chip in electronic devices used for managing the flow of electricity on a wide range of electronic products like smartphones, ATMs, electric cars, and home appliances.
As the development in these stocks has brought them to the limelight. As the pandemic was affecting various stocks, semiconductors continued to gain popularity.
In this article, we will discuss the best semiconductors stocks in India.
Semiconductor stocks in India
| Company | Market capitalisation in ₹ crore |
| Tata Elxsi Ltd | 42,515 |
| ASM Technologies Ltd | 594 |
| Dixon Technologies (India) Ltd | 25,809 |
| SPEL Semiconductor Ltd | 245 |
| Moschip Technologies Ltd | 1,057 |
| Ruttonsha International Rectifier Ltd | 216 |
| HCL Technologies Ltd | 2,98, 729 |
| MIC Electronics Ltd | 251 |
| Surana Telecom and Power Ltd | 140 |
| Vedanta Ltd | 1,15,016 |
| Solex Energy Ltd | 238 |
Tata Elxsi
This company has two segments: system integration and support and software development and services. It is a semiconductor-based company which holds the position of the global leader in technology design and services, which has paired with the Renesas Electronics Corporation. In advance semiconductors solutions is developing a state-of-the-art design centre in Banglore.
P/E Ratio (TTM): 63.46
EPS(TTM): 107.57
Profit in 2022: Rs 2.471 crore
ASM Technologies Ltd.
The company offers products engineering and product research and development services. Its automation service includes digital engineering, IOT, and a driver assistance system. This all earned a total of Rs 192 crore in 2022.
P/E ratio(TTM): 42.41
EPS (TTM): 11.84
Profit in 2022: Rs 14.61 crore
Dixon Technologies(India) Ltd.
Dixon Technologies is a manufacturing company which provides electronic manufacturing services. It has various industries, including electronics, lighting products, and mobile phones.
P/E ratio (TTM): 112.10
EPS (TTM): 38.79
Profit in 2022: Rs 190 crore
SPEL Semiconductor Ltd
It is semiconductor stocks that you buy SPEL under Rs 100. The Integrated circuit assembles and tests the facilities in semiconductor packaging solutions. The company stock last year increased by 142.23%.
P/E ratio (TTM): NA
EPS(TTM): 0.41
Profit in 2022: Rs 11.84 cr
Moschip Technologies Ltd.
This company is based on the model of semiconductors and IOT, which focus on manufacturing. It specialises in product design and development services, including chip and system development.
P/E ratio (TTM): 179.81
EPS(TTM): -0.36
Profit in 2022: Rs 6.45 cr
Ruttonsha International Rectifier Ltd.
This is a small-cap company that includes semiconductor devices and power equipment. It includes phase control thyristors, investor-graded thyristors, and more.
P/E ratio (TTM): 48.00
EPS(TTM): 6.47
Profit in 2022: Rs 2.81 cr
HCL Technologies Ltd
HCL Technologies is a multinational technology which has to operate in three business segments IT, Business Engineering and R&D services.
This company had a share price which is 0.27% last year.
P/E ratio (TTM): 18.99
EPS(TTM): 49.68
Profit in 2022: Rs 13,500 cr
MIC Electronics Ltd
This company manufactures light-emitting diodes and LED lights with indoor, outdoor, mobile, and application-specific displays.
P/E ratio (TTM): 9.52
EPS(TTM): 1.19
Profit in 2022: Rs 2.96 cr
Surana Telecom and Power Ltd
It is an Indian company that is engaged in the manufacturing and trading of solar-related products.
Its segments have renewable energy and trading. Their stocks were 37.65% last year.
P/E ratio (TTM): 11.11
EPS(TTM): 0.93
Profit in 2022: Rs 6.49 cr
Vedanta Ltd.
Vedanta Ltd is a multinational mining company primarily around iron ore, gold and aluminium mining. It invests Rs 1.54 lakh crore into semiconductor manufacturing by Vedanta resources held by the company volcan investment ltd.
P/E ratio (TTM): 7.15
EPS(TTM): 43.35
Profit in 2022: Rs 18.802 cr
Solex Energy Ltd.
Solex Energy is a solar photovoltaic module across different verticals of light-emitting surfaces and others.
P/E ratio (TTM): 233.43
EPS(TTM): 1.27
Profit in 2022: Rs 0.99 cr
Conclusion
This Semiconductor stock market has grown since last year. You can invest in them an outlay of their Semicon India Program of Rs 76,000 crores to develop and strengthen the semiconductor ecosystem in India.