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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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 , there are no gainers today. On the other hand, KAYNES TECHNOLOGY (down 6.0%) and MIC ELECTRONICS (down 4.7%) 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...
Geopolitics and Your Semiconductor Stocks Watchlist