Just like electric vehicles (EVs) and drones, semiconductors and penny stocks are two of the hottest topics on the share market on any given day.
Any news flow with regards to semiconductors or penny stocks these days is sending the company's share price on a roller coaster ride.
The hype is justified though, for both semiconductors and penny stocks.
For semiconductors because of their various use cases. If you are wondering what various use cases, read this article: Semiconductor Stocks Could be Big. Here's What You Need to Know...
And you already know why for penny stocks.
Penny stocks are known to generate mind boggling returns in as short as a month. That is because penny stocks are driven by liquidity and news flow. Any major announcement can send a penny stock soaring or down to the earth.
With that in mind, imagine what would happen if a penny stock announced it has forayed into the semiconductor space.
We went one step further and looked for the semiconductor penny stocks in India. At present, these are the penny stocks directly or indirectly involved in the semiconductor space.
Note that most of these companies have shady financials...there's no stability in revenues and profits and their dividend paying history doesn't paint a pretty picture.
So when it comes to investing in semiconductor penny stocks, be very selective. Both themes may seem lucrative (and are lucrative) but there are risks involved, as is with every aspect of investing.
To get started in the world of penny stocks and semiconductors, we highly recommend you take a look at the below guides.
These guides will surely help you minimize risks when you invest in a semiconductor penny stock in India.
Also check out the entire list of semiconductor stocks in India on our website.
You can also checkout our playlist on Semiconductor Stocks on Equitymaster's YouTube channel.
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These under the radar stocks are likely to benefit from India's semiconductor boom.
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From semiconductors to electric vehicles, this corporate house is tapping emerging trends, and its new strategy might just pay off. Continue reading...
Mar 1, 2024
The domestic manufacturing of chips in India could unleash opportunities not just in semiconductor but other associated companies as well.
Jan 19, 2024
Foxconn's commitment to India's semiconductor ecosystem does not just bring in funds and technology.
Nov 23, 2023
CG Power share price zooms 20% in two days on plans to set up semiconductor assembly. What next?
Nov 1, 2023
How sticky is L&T's business? And will it be successful in becoming the next wealth creator like HDFC? Read on to find out...
Apr 18, 2024
India's chip designers are already leading the pack in India's semiconductor ecosystem.
Apr 4, 2024
These two chip manufacturing companies are eyeing for a potential stock market debut soon. Take a look...
Mar 21, 2024
CG Power share price zooms 23% in a month, hits 52-week high. What next?
Mar 14, 2024
To manufacture semiconductors, high purity gases are critical. And this company is already tapping into the opportunity.
Mar 9, 2024
Realizing the need to break away from China and other geographies for semiconductor chips, India is setting up fab units at a breakneck pace.
Mar 4, 2024
These Tata companies are the forefront of the semiconductor revolution.
Jan 26, 2024
The company delivered sequential growth and healthy operating margins on the back of strategic deal wins.
Dec 25, 2023
A little-known stock involved in the manufacture of printed circuit boards has been the darling of the market.
Nov 5, 2023
This microcap stock is thriving big time and entering the fray by setting up SiC devices factory.
Oct 29, 2023
Semiconductor industry is one of the sectors thriving to contribute to India's success story and has recently gained traction all around the world. Consequently, semiconductor stock are currently in the news.
Based on marketcap, these are the top semiconductor companies in India:
You can see the full list of semiconductor stocks here.
And to filter the best quality stocks from the semiconductor sector, check out Equitymaster’s Indian stock screener. This screener also allows you to screen stocks based on your own criteria.
Within the Semiconductor sector, the top gainers were MINDTECK INDIA (up 4.1%) and HCL TECHNOLOGIES (up 1.6%). On the other hand, MOSCHIP SEMI (down 6.8%) and MIC ELECTRONICS (down 3.3%) were among the top losers.
Since semiconductor stocks interest you, check out our analysis of the best semiconductor stocks in India.
Penny stocks are shares of listed companies priced below Rs 100. In the US market, these stocks trade for less than a dollar i.e. for pennies. Hence the name.
Penny stocks have the potential for above-average returns. However, they are extremely risky. Therefore, investing in them requires care and caution.
You can see the list of Indian penny stocks and how they are performing here...