India is rapidly proceeding 5G technology. It is estimated that, there will be 270 million 5G subscribers by the end of 2024, which may reach 970 million by 2030. 5G will not only transform the telecom industry but also take India’s economy to new heights in 2025.
Let’s look on 5 major stocks that will play a crucial role in India’s 5G growth.
Best 5g stocks in India
Here are some of the top 5G stocks in India that are worth considering. These companies are well-positioned to benefit from the growth potential of 5G technology in India.
Bharti Airtel Limited: Telecom Leader in India
Bharti Airtel is leading India’s 5G expansion. The company has launched 5G services in all 28 states and 8 union territories. They ensure better speed and coverage through mid-band spectrum. By December 2024, they plan to launch 5G Fixed Wireless Access and are partnering with Nokia for smart city solutions.
- Founded: 1995
- Headquarters: New Delhi
- Global Presence: 18 countries
- Customer Base: Over 550 million
- Financial Performance:
- Revenue Growth: From ₹37,044 crore (Q2 FY24) to ₹41,473 crore (Q2 FY25) (11.97% increase)
- Net Profit: From ₹2,093 crore (Q2 FY24) to ₹4,153 crore (Q2 FY25) (98.42% increase)
- Market Cap: ₹9,55,719 crore
- Share Price: ₹1,597 per share
Tejas Networks Limited: Centre of 5G Innovation
Tejas Networks, part of the Tata Group, is a major supplier of 5G and 4G RAN solutions in India. The company has acquired 5G RAN technology from IITs and is growing rapidly with its global expansion plans.
- Founded: 2000
- Specialty: High-performance networking equipment
- Global Market: Present in 75+ countries
- Financial Performance:
- Revenue Growth: From ₹396 crore (Q2 FY24) to ₹2,811 crore (Q2 FY25) (609.85% increase)
- Net Profit: From ₹-13 crore (Q2 FY24) to ₹275 crore (Q2 FY25)
- Market Cap: ₹23,217 crore
- Share Price: ₹1,356 per share
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HFCL Limited: Pioneer of Indigenous 5G
HFCL is leading India’s 5G revolution with innovative products like 5G Fixed Wireless Access and 5G Lab-as-a-Service. The company has secured a ₹6.2 billion 5G order and aims for ₹90-100 billion revenue by 2027.
- Former Name: Himachal Futuristic Communications Limited
- Founded: 1987
- Specialty: Telecom equipment and optical fiber
- Financial Performance:
- Revenue Decline: From ₹1,111 crore (Q2 FY24) to ₹1,094 crore (Q2 FY25) (-1.53%)
- Net Profit: From ₹70 crore (Q2 FY24) to ₹73 crore (Q2 FY25) (4.29% increase)
- Market Cap: ₹19,079 crore
- Share Price: ₹132 per share
Indus Towers Limited: Foundation of 5G Infrastructure
- Formed by: Merger of Bharti Infratel and Indus Towers in 2020
- Specialty: Passive telecom infrastructure
Indus Towers plays a key role in India’s 5G rollout. The company is upgrading its network for 5G and focusing on energy-efficient solutions. Indus Towers has invested ₹5 billion and plans to add 10,000 new towers.
- Financial Performance:
- Revenue Growth: From ₹7,132 crore (Q2 FY24) to ₹7,465 crore (Q2 FY25) (4.67% increase)
- Net Profit: From ₹1,295 crore (Q2 FY24) to ₹2,224 crore (Q2 FY25) (71.74% increase)
- Market Cap: ₹98,284 crore
- Share Price: ₹365 per share
Sterlite Technologies Limited: Leader in Fiber Optics
Sterlite Technologies (STL) is preparing network infrastructure for 5G and 6G connectivity in India. The company is working on advanced optical communications test beds and promoting rural connectivity in over 700 districts in India.
- Founded: 2000
- Specialty: Optical fiber and network solutions
- Financial Performance:
- Revenue Decline: From ₹1,494 crore (Q2 FY24) to ₹1,413 crore (Q2 FY25) (-5.42%)
- Net Profit Decline: From ₹32 crore (Q2 FY24) to ₹-14 crore (Q2 FY25)
- Market Cap: ₹6,012 crore
- Share Price: ₹123 per share
Conclusion:
Future of 5G in India and Investment Opportunities:
India’s 5G journey is reaching new technological heights. Companies like Bharti Airtel, Tejas Networks, HFCL, Indus Towers, and Sterlite Technologies are driving this change strongly. These stocks not only participate in India’s digital revolution but also present golden investment opportunities for investors.
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