Which are the best 5G stocks in India right now?
As per Equitymaster's Indian Stock Screener, here is a list of the best 5G stocks in India right now...
- #1 TEJAS NETWORKS
- #2 FROG CELLSAT
- #3 INDUS TOWERS
- #4 TECH MAHINDRA
- #5 HFCL
These companies have been ranked as per their EV/EBIT (enterprise value/earnings before interest and taxes) ratio. Generally, speaking, the lower the ratio, the better for the investor as this indicates the company has low debt levels and higher amounts of cash.
Of course, there are other parameters you should take into account before forming a hard opinion on the stock valuation.
When should you invest in 5G stocks?
The best time to buy stocks from this sector is when companies with strong fundamentals are trading at attractive valuations.
The 5G technology is expected to transform the way we consume data. Being 100 times faster than 4G, 5G will create never-before-seen opportunities for people and businesses.
There are several ways to play this massive investment opportunity. Apart from telecom player, you consider investing in telecom infrastructure companies and telecom equipment companies.
Where can I find a list of 5G stocks?
The details of listed 5G companies can be found on the NSE and BSE website.
For a curated list you can check out our list of 5G stocks.
What kind of dividend yields do 5G stocks offer?
There is no consistent trend of dividends across the industry, with different companies adopting different dividend policies.
For more details, check out our list of top 5G stocks offering high dividend yields.