5G Stocks In India: No matter what happens companies dealing with a network are always going to grow, and investing in companies dealing with evergreen business is always a good idea.
Here we have listed the 5 Best 5G Stocks In India that has high chances of growth in the long term, so if you are looking to invest in the networking sector then consider these stocks before investing anywhere else.
5 Best 5G Stocks In India
5 Best 5G Stocks In India
5 Best 5G Stocks In India are as follows:
Tejas Networks Limited
5G Stocks In India: Tejas Networks Limited is a company in the other telecom services sector. The total valuation (market value) of the company is ₹6,798 crores. The price of one share of the company is ₹431.15 in the BSE market and ₹430.75 in the NSE market. Tejas Networks Limited was established in the year 2000.
As per the report provided by the company, the total income for the last year was Rs.420.27 crores and the total sales were Rs.386.2 crores. The company’s net profit stood at Rs-236.16 crore. Tejas Networks Limited has paid tax of Rs-10.87 crore in the current year.
PROS
- Company is almost debt free.
- Promoter holding has increased by 15.13% over last quarter.
CONS
- Stock is trading at 3.38 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -8.84% over past five years.
- Company has a low return on equity of -7.01% for last 3 years.
- Company has high debtors of 188.99 days.
Himachal Futuristic Communications Limited
5G Stocks In India: Himachal Futuristic Communications Limited (HFCL) is a Telecom Cables company. The total valuation (market value) of the company is ₹9,236 crores. The price of one share of the company is ₹ 64.00 in the BSE market and ₹ 64.00 in the NSE market. Himachal Futuristic Communications Limited was established in the year 1987.
As per the report provided by the company, the total income for the last year stood at Rs 3,601.95 crore and total sales stood at Rs 3,547.3 crore. The company’s net profit stood at Rs 203.82 crore. Himachal Futuristic Communications Limited has paid tax of -91.31 crores in the current year.
PROS
- Company’s median sales growth is 15.21% of last 10 years
CONS
- Company has a low return on equity of 13.80% for last 3 years.
- Promoters have pledged 44.72% of their holding.
- Dividend payout has been low at 2.63% of profits over last 3 years
- Company’s cost of borrowing seems high
ITI Limited
5G Stocks In India: ITI Limited (ITI) is a Telecom Equipment Sector company. The total valuation (market value) of the company is ₹8,187 crores. The price of one share of the company is ₹86.10 in the BSE market and ₹85.90 in the NSE market. ITI Limited was established in the year 1950.
As per the report provided by the company, the total income for the last year stood at Rs 2,242.762 crore and the total sales stood at Rs 2,058.869 crore. The company’s net profit stood at Rs 150.858 crore. ITI Limited has paid a tax of Rs.0.621 crore in the current year.
PROS
- Company is expected to give good quarter
CONS
- Stock is trading at 3.51 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.19% for last 3 years.
- Earnings include an other income of Rs.93.78 Cr.
- Company has high debtors of 394.35 days.
Reliance Communications Limited
5G Stocks In India: Reliance Communications Limited (Reliance Comm) is a telecommunications services sector company. The total valuation (market value) of the company is ₹763 crore. The price of one share of the company is ₹ 2.66 in the BSE market and ₹ 2.65 in the NSE market. Reliance Communications Limited was established in the year 2004.
As per the report provided by the company, the total income for the last year stood at Rs 1,466 crore and total sales stood at Rs 1,379 crore. The company’s net profit stood at Rs 2,847 crore. Reliance Communications Limited has paid a tax of Rs 16 crore in the current year.
PROS
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CONS
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -50.51% over past five years.
- Promoter holding is low: 5.18%
- Contingent liabilities of Rs.12377.00 Cr.
- Company has high debtors of 215.16 days.
- Promoter holding has decreased over last 3 years: -16.99%
Bharti Airtel Limited
5G Stocks In India: Bharti Airtel Limited is a telecommunications services sector company. The total valuation (market value) of the company is ₹4,09,344 crore. The price of one share of the company is ₹678.50 in the BSE market and ₹674.25 in the NSE market. Bharti Airtel Limited was established in the year 1995.
As per the report provided by the company, the total income for the last year stood at Rs.56,559.6 crores and the total sales were Rs.54,317.1 crores. The company’s net profit stood at Rs-36,088.2 crore. Bharti Airtel Limited has paid a tax of Rs -309.2 crore in the current year.
PROS
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CONS
- Stock is trading at 5.96 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.07% over past five years.
- Company has a low return on equity of 2.85% for last 3 years.
- Promoter holding has decreased over last 3 years: -11.21%
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