Whenever we hear about telecom sector stocks in India, the three names that come to our mind are Reliance Jio Infocomm, Vodafone Idea, and Bharti Airtel. But the telecom sector stocks list is quite long.
The Indian telecom sector is one of the fastest developing sectors in India. India has the second-largest telecom market in the world. The market is rapidly developing because the telecom subscribers are increasing fervently.
Leading telecom companies like Vodafone Idea, Bharti Airtel and Reliance Jio Infocomm have managed to bag investments for US tech giants like Microsoft, Facebook, and Google.
Increasing data service subscribers and data consumption definitely makes the business lucrative. 5G services are not even fully functional in the country and people have already started buying 5G enabled mobile phones.
Department of Telecommunications (DoT) has already developed a 6G innovation group to introduce 6G services in India as soon as possible.
DoT has also reduced its license fees on AGR to 6%. The government has been successful in encouraging mobile payments throughout India. This has boosted the sales of mobile and internet connections.
Hence, the Indian telecom sector has all its fingers in honey.
There’s intense competition in this space which affects the performance of the stocks, resulting in low return on equity (RoE). Lately, with telecom companies increasing capital expenditure and investing in their networks, prospects of telecom companies are expected to improve.
Since telecom services fall under the essential service category, demand is consistent all-round the year.
Apr 18, 2024
Facing established players head-on, Bharti Hexacom takes a distinct approach, establishing a strong regional foothold.
Mar 29, 2024
This IPO offers an opportunity to invest in a powerful telecom player with a proven track record and a strategic vision for the 5G era. Are you ready to dial in?
Mar 20, 2024
From grey market premium to price band, here's everything you need to know about the upcoming IPO of this upcoming Bharti group IPO.
Feb 1, 2024
This telecom stock has surged 17% in five days. Find out what's fueling this rally.
Dec 28, 2023
The Telecom Bill 2023 has set the stage for a transformative journey in India's telecommunications sector.
Nov 28, 2023
After rallying over 300% in 2023 so far, this multibagger smallcap stock hits upper circuit.
Sep 18, 2023
Share price of the telecom giant Bharti Airtel hits a record high. Here's why.
Sep 8, 2023
MMTC shares surge 46% in 5 days, hitting fresh 52-week high. What's driving the rally?
Sep 1, 2023
Shares of Railtel surged over 25% in the past five days, hitting a new 52-week high. Here's why.
Aug 3, 2023
While the obvious gainers from the rollout will be telecom companies, many small companies will benefit as well.
Apr 10, 2024
Here's why the seasoned investor added this telecom stock that has gained 184% in a year.
Mar 27, 2024
Understanding the role of photonics in revolutionising telecom, healthcare, manufacturing, and defence industries.
Feb 28, 2024
In 2024 so far, Vodafone Idea share price has fallen 19% already. More pain down the road?
Jan 2, 2024
Vodafone Idea zooms 39% in 2 days, hits over 4 years high. Here's why.
Dec 20, 2023
HFCL zooms 17% in five days, hits 52-week high.
Oct 31, 2023
The telecom major's stock price surged over 8% in a day and continued the momentum to the next trading session. Here's why.
Sep 14, 2023
ITI shares zoom over 60% in the past five days! What's fueling this bizarre rally?
Sep 6, 2023
Devyani International shares surge 9% in a day, hit 52-week high. Here's why.
Aug 15, 2023
The recent anti-dumping duty imposed by the government on optical fibre imports is a big win for these domestic companies.
Jul 15, 2023
The Tata group company has surged 20% in five days. Here's why the stock is on the radar...