Top Semiconductor Stocks & Shares in India (2026)
As of 2026, India’s semiconductor market is projected to grow from $52 bn in 2024 to $103.4 bn by 2030, supported by demand from AI, 5G, EVs, telecom, and electronics. India has approved 12 semiconductor projects with around ₹1.64 lakh cr in committed investment, while Semicon 2.0 carries a ₹1.275 lakh cr outlay to support manufacturing, design, packaging and R&D.
Top Semiconductor Stocks in India (2026)
Semiconductor Stock Screener
Semiconductor Stock Screener: Analyse & Filter Indian Stocks on Tickertape
Created by
@tickertapetickertapeShowing 1 - 16 of 16 results
last updated at 6:30 AM IST
| NameStocks (16)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓PE RatioPE Ratio↓ | ↓1D Return1D Return↓ | ↓1M Return1M Return↓ | ↓6M Return6M Return↓ | ↓1Y Return1Y Return↓ | ↓PB RatioPB Ratio↓ | ↓Return on EquityReturn on Equity↓ | ↓ROCEROCE↓ | ↓Dividend YieldDiv Yield↓ | ↓Debt to EquityDebt to Equity↓ | ↓Volatility vs NiftyVolatility vs Nifty↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HCL Technologies LtdHCLTECH | IT Services & ConsultingIT Services & Consulting | 3,73,406.083,73,406.08 | 1,416.701,416.70 | 22.4422.44 | -0.39-0.39 | 13.1813.18 | 15.3515.35 | -7.62-7.62 | 4.974.97 | 22.9822.98 | 27.5827.58 | 3.923.92 | 0.070.07 | 2.072.07 | |
| 2. | Bharat Electronics LtdBEL | Electronic EquipmentsElectronic Equipments | 2,75,469.022,75,469.02 | 362.80362.80 | 45.4445.44 | 0.220.22 | -7.74-7.74 | -16.71-16.71 | -12.61-12.61 | 11.4711.47 | 27.5527.55 | 31.9131.91 | 0.660.66 | 0.000.00 | 1.771.77 | |
| 3. | ABB India LtdABB | Heavy Electrical EquipmentsHeavy Electrical Equipments | 1,44,118.891,44,118.89 | 6,322.006,322.00 | 86.3986.39 | 2.962.96 | -9.57-9.57 | -14.92-14.92 | 20.6920.69 | 18.3918.39 | 22.3822.38 | 28.4528.45 | 0.580.58 | 0.010.01 | 2.162.16 | |
| 4. | CG Power and Industrial Solutions LimitedCGPOWER | Heavy Electrical EquipmentsHeavy Electrical Equipments | 1,33,285.101,33,285.10 | 831.50831.50 | 110.49110.49 | 2.232.23 | -5.48-5.48 | 1.371.37 | 14.1614.16 | 16.2616.26 | 19.7219.72 | 19.5719.57 | 0.150.15 | 0.010.01 | 2.402.40 | |
| 5. | Hitachi Energy India LtdPOWERINDIA | Heavy Electrical EquipmentsHeavy Electrical Equipments | 1,29,215.281,29,215.28 | 26,975.0026,975.00 | 130.81130.81 | 2.572.57 | -13.37-13.37 | -15.87-15.87 | 61.9661.96 | 24.9624.96 | 21.0421.04 | 25.2025.20 | 0.030.03 | 0.020.02 | 3.003.00 | |
| 6. | Polycab India LimitedPOLYCAB | Electrical Components & EquipmentsElectrical Components & Equipments | 1,23,865.771,23,865.77 | 7,715.007,715.00 | 46.3646.36 | 3.703.70 | -7.87-7.87 | -4.35-4.35 | 0.630.63 | 10.2110.21 | 24.2524.25 | 30.8530.85 | 0.570.57 | 0.020.02 | 2.102.10 | |
| 7. | Vedanta LtdVEDL | Metals - DiversifiedMetals - Diversified | 96,081.2796,081.27 | 227.00227.00 | 5.525.52 | 0.220.22 | -13.83-13.83 | -18.30-18.30 | 20.0620.06 | 1.401.40 | 28.4328.43 | 16.5016.50 | 13.8413.84 | 0.480.48 | 2.522.52 | |
| 8. | Dixon Technologies (India) LtdDIXON | Home Electronics & AppliancesHome Electronics & Appliances | 75,484.5075,484.50 | 11,181.0011,181.00 | 52.4752.47 | -0.09-0.09 | -16.24-16.24 | -0.63-0.63 | -27.89-27.89 | 14.0114.01 | 32.4632.46 | 34.2734.27 | 0.080.08 | 0.180.18 | 2.582.58 | |
| 9. | Havells India LtdHAVELLS | Electrical Components & EquipmentsElectrical Components & Equipments | 70,349.6670,349.66 | 1,012.501,012.50 | 41.6141.61 | -1.79-1.79 | -8.18-8.18 | -20.53-20.53 | -32.17-32.17 | 7.437.43 | 18.9818.98 | 22.5222.52 | 0.890.89 | 0.030.03 | 1.721.72 | |
| 10. | Tata Elxsi LtdTATAELXSI | Software ServicesSoftware Services | 23,988.5923,988.59 | 3,738.003,738.00 | 38.1738.17 | 1.031.03 | 16.7416.74 | -10.76-10.76 | -33.08-33.08 | 7.897.89 | 21.3021.30 | 26.3026.30 | 1.951.95 | 0.050.05 | 2.252.25 | |
| 11. | V Guard Industries LtdVGUARD | Electrical Components & EquipmentsElectrical Components & Equipments | 12,565.6712,565.67 | 265.65265.65 | 40.7540.75 | -1.36-1.36 | -12.57-12.57 | -20.40-20.40 | -29.25-29.25 | 5.305.30 | 13.7913.79 | 16.1116.11 | 0.520.52 | 0.070.07 | 1.681.68 | |
| 12. | ASM Technologies LtdASMTEC | IT Services & ConsultingIT Services & Consulting | 9,632.059,632.05 | 5,902.005,902.00 | 158.55158.55 | 2.742.74 | -14.60-14.60 | 82.2682.26 | 70.8170.81 | 31.3731.37 | 25.7325.73 | 23.9123.91 | 0.250.25 | 0.420.42 | 3.393.39 | |
| 13. | Moschip Technologies LtdMOSCHIP | Software ServicesSoftware Services | 3,647.413,647.41 | 165.10165.10 | 103.59103.59 | 0.210.21 | -18.12-18.12 | -20.50-20.50 | -37.21-37.21 | 8.938.93 | 9.569.56 | 8.398.39 | -- | 0.220.22 | 3.103.10 | |
| 14. | MIC Electronics LtdMICEL | Electrical Components & EquipmentsElectrical Components & Equipments | 1,028.301,028.30 | 37.3237.32 | -81.35-81.35 | 0.000.00 | 3.343.34 | -10.48-10.48 | -32.64-32.64 | 4.744.74 | -5.75-5.75 | 10.1410.14 | -- | 0.200.20 | 3.123.12 | |
| 15. | Solex Energy LtdSOLEX | Industrial MachineryIndustrial Machinery | 675.26675.26 | 526.95526.95 | 7.037.03 | -1.14-1.14 | -24.41-24.41 | -58.89-58.89 | -65.78-65.78 | 2.642.64 | 46.3246.32 | 31.7531.75 | 0.090.09 | 1.321.32 | 3.653.65 | |
| 16. | Surana Telecom and Power LtdSURANAT&P | CablesCables | 208.66208.66 | 14.0014.00 | 9.659.65 | -2.17-2.17 | -12.98-12.98 | -28.35-28.35 | -33.65-33.65 | 1.081.08 | 11.8911.89 | 11.7011.70 | -- | 0.340.34 | 2.192.19 |
Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Selection criteria: Companies that are associated with the semiconductor sector in India, based on publicly available information. Sorted based on market capitalisation.
Selection criteria: Companies that are associated with the semiconductor sector in India, based on publicly available information. Sorted based on market capitalisation.
Union Budget Allocations in 2026-27 Affecting the Semiconductor Industry
- Launch of India Semiconductor Mission 2.0: Budget proposes an upgraded mission focusing on equipment, materials, design, and full-stack semiconductor IP development to reduce import dependence.
- Outlay increase for electronics manufacturing: The Electronics Components Manufacturing Scheme outlay was raised to ₹40,000 cr to fortify domestic electronics supply chains.
- Promotion of high-skill research and training centres: The budget encourages industry-led research facilities and workforce training to support semiconductor ecosystem growth.
- Tax and investment incentives for global players: Tax holidays, easier contract manufacturing rules, and supportive TDS policies to attract semiconductor and electronics investors.
How to Invest in Semiconductor Stocks in India?
Investing in semiconductor stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in semiconductor stocks:
- Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
- Search for Semiconductor Stocks: Go to Tickertape Stock Screener and set the “Return on Equity” filter
- Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the top semiconductor stocks in India.
- Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
- Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
- Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.
You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!
Overview of Top 5 Semiconductor Stocks in India for 2026
HCL Technologies Ltd
HCL Technologies Ltd Founded in 1976 by Shiv Nadar, HCL Tech supports global semiconductor firms via chip design, embedded systems, and VLSI services. In April 2026, it expanded its semiconductor engineering services with new centres in Bengaluru and Austin.
Bharat Electronics Ltd
Established in 1954, BEL is advancing indigenous chip design for defence-grade components. In June 2026, it opened a new fab in Pune and partnered with SCL for co-developing integrated circuits.
Vedanta Ltd
Founded in 1976 by Anil Agarwal, Vedanta is building a semiconductor fabrication facility in Gujarat. In May 2026, it finalised a deal with a Taiwanese foundry, with a projected $8B investment under India’s chip mission.
ABB India Ltd
Operating since 1949, ABB India aids chipmaking indirectly through automation and power solutions. In March 2026, it launched cleanroom automation systems for fabs and partnered with new semiconductor parks.
CG Power and Industrial Solutions Ltd
Founded in 1937, CG Power is building India’s first OSAT facility with Renesas and Stars Microelectronics. Construction began in April 2026 in Gujarat under India’s PLI scheme.
You can also visit Tickertape Stock Screener to get a detailed update on the top semiconductor companies in India for 2026.
What are Semiconductor Stocks?
Semiconductor stocks are shares of companies that design, manufacture, or distribute semiconductors. Semiconductors are tiny electronic components that allow devices like computers and smartphones to work because they act as their “brains.” As technologies like AI, the Internet of Things (IoT), and 5G become more important, the demand for semiconductors has increased.
Overview of the Semiconductor Industry in India
- Industry Growth: India’s semiconductor industry entered a new growth phase in 2026, supported by domestic chip manufacturing, advanced packaging and semiconductor design initiatives.
- Government Support: The government expanded policy support through the India Semiconductor Mission and approved Semicon 2.0 with an outlay of ₹1.27 lakh cr.
- Design and Manufacturing: India continued to build on its strength in semiconductor design services while investing in fabrication, ATMP, OSAT and display manufacturing facilities.
- Rising Investments: Approved semiconductor projects represented investments of more than ₹1.64 lakh cr, reflecting stronger government and private-sector participation.
- Production Expansion: Several semiconductor facilities moved from planning and construction towards production, with additional manufacturing units expected to begin operations during 2026.
- Global Participation: Global and domestic companies increased investments in chip packaging, testing, electronics manufacturing and related semiconductor supply chains.
- Integrated Ecosystem: These developments strengthened India’s efforts to create an integrated semiconductor ecosystem and reduce dependence on imported chips over the long term.
Impact of Market Trends on Semiconductor Stocks in India
- Market Shifts: Broader market fluctuations influence semiconductor demand and supply, which impacts stock performance.
- Tech Advancements: Emerging technologies like AI and 5G increase chip usage, which affects company valuations.
- Global Disruptions: Events such as chip shortages or economic slowdowns can reduce revenue and create volatility.
- Investor Sentiment: Market expectations around regulation or innovation often influence semiconductor stock prices.
- Innovation Focus: Companies that lead in innovation may gain in valuation, while others may fall behind.
- Trend Insights: Tracking industry trends helps investors identify growth opportunities and potential risks.
Features of Semiconductor Stocks
Full Value Chain
India’s semiconductor ecosystem now spans chip design, fabrication, assembly, testing and advanced packaging. By September 2026, 12 manufacturing projects had been approved, while five units had commenced commercial production across the country.
Strong Design Base
India remains especially strong in semiconductor design, employing nearly 20% of the global chip-design workforce. More than one lakh engineers across 500 organisations have received access to advanced design tools under government-supported programmes.
Capital Intensive
The sector is highly capital-intensive. Approved semiconductor projects under Semicon 1.0 carry investment commitments exceeding ₹1.64 lakh cr, showing why financing capacity, execution timelines and technology partnerships matter heavily for companies entering manufacturing.
Diverse End Markets
Semiconductors serve multiple end-markets, including automobiles, telecom, consumer electronics, aerospace, power electronics and AI infrastructure. This broad demand base means company performance can depend on very different customer cycles and chip categories.
Advantages of Best Semiconductor Stocks in India for 2025
Semicon 2.0 Support
Semicon 2.0 was approved in July 2026 with a ₹1.27 lakh cr outlay, expanding support beyond fabs into chip design, equipment, materials, research and talent. This can deepen India’s domestic semiconductor value chain.
Manufacturing Expansion
India has approved 12 semiconductor manufacturing projects with investment commitments above ₹1.64 lakh cr. As more facilities move into production, listed suppliers in electronics, packaging, engineering and specialty materials may gain from domestic capacity creation.
Design Talent
India employs nearly 20% of the world’s semiconductor chip-design workforce, giving the country an established talent base. This supports companies involved in design services, embedded systems and semiconductor engineering without requiring full-scale fabrication investment.
Electronics Demand
Electronics production in India rose from about ₹1.9 lakh cr in 2014-15 to nearly ₹12 lakh cr in 2024-25. Expanding electronics manufacturing increases domestic demand for chips used across devices, vehicles and industrial systems.
Global Investment
Global chipmakers are increasing their presence in India. Applied Materials announced a $5 bn India investment plan in September 2026, while Micron has begun production, strengthening the ecosystem around equipment, packaging, materials and skilled manufacturing.
Risks of Investing In Semiconductor Stocks
Project Delays
Semiconductor fabs require enormous upfront capital and long construction periods. Delays can push out revenue while depreciation, financing and fixed costs continue, making project execution a major risk for companies pursuing large manufacturing investments.
Import Dependence
India’s ecosystem is growing, but advanced chip manufacturing remains limited. Large-scale fabs are still under development, so companies continue to depend on imported wafers, equipment and components, leaving them exposed to global supply disruptions.
Demand Cycles
Semiconductor demand is cyclical. Weakness in smartphone, consumer electronics or industrial demand can quickly reduce chip orders, while new capacity comes online, creating periods of lower utilisation and pricing pressure for manufacturers.
Technology Obsolescence
Technology changes rapidly across process nodes, packaging and chip architecture. Companies investing in older manufacturing technologies risk weaker competitiveness if customers shift towards more advanced nodes, specialised accelerators or newer packaging standards.
Infrastructure Dependence
The industry depends heavily on policy support, infrastructure and utilities. Semiconductor plants require reliable power, water, logistics and incentives, so delays in approvals, infrastructure readiness or subsidy disbursement can affect project economics and commissioning.
Receive real-time market alerts for timely decisions
Monitor your portfolio from the palm of your hands
Watchlist stocks and mutual funds to stay updated
Factors to Consider Before Investing in Semiconductor Stocks in India
Value-Chain Position
Check where the company sits in the semiconductor value chain. Fab operators, design firms, packaging companies and equipment suppliers face different margins, capital needs and demand cycles, so comparing them as one category can mislead.
Project Progress
Track project stage rather than announced investment alone. By September 2026, five units had started commercial production, while others remained under construction. Revenue potential depends on commissioning, customer qualification and utilisation after production begins.
Technology Capability
Evaluate technology capability and partnerships. Semiconductor manufacturing often depends on process know-how from global partners, so investors should assess whether a company has credible technology access, customer relationships and products aligned with current demand.
End-Market Exposure
Monitor end-market exposure. Companies supplying automotive, telecom, AI, power electronics or consumer devices can experience different growth cycles, making customer concentration and product mix important for understanding semiconductor revenue stability.
Capex and Debt
Watch capital expenditure, debt and cash flow. Semiconductor projects can absorb large sums before generating revenue, so rising leverage, repeated capex and weak utilisation can pressure returns even when long-term industry demand remains strong.
Conclusion
India's semiconductor industry is experiencing growth, with the market expected to reach USD 100.2 bn by 2032, up from USD 34.3 bn in 2023. Government initiatives such as the India Semiconductor Mission (ISM) aim to reduce dependency on imports. Market trends, technological advancements, and global supply chain dynamics influence the performance of semiconductor stocks in the Indian share price. As India strengthens its position, looking into the top 50 semiconductor companies in India can provide valuable insights. Investors may track the semiconductor share price in India to understand market movements and potential opportunities better with Tickertape Stock Screener for analysis.
Popular Stock Collections
Popular Mutual Fund Collections
Frequently Asked Questions on Semiconductor Stocks
What are Semiconductor Stocks?
Semiconductor stocks represent shares of semiconductor manufacturing companies in India and other businesses involved in chip design, manufacturing and supply. These chips power smartphones, computers, automobiles and electronic devices, with demand driven by AI, IoT, 5G and electronics growth.Which is the best semiconductor stock in India?
Here are the top 5 semiconductor stocks in India, sorted by market capitalisation:
- HCL Technologies Ltd
- Bharat Electronics Ltd
- Vedanta Ltd
- CG Power and Industrial Solutions Ltd
- ABB India Ltd
Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing in anything.
How to invest in the best semiconductor stocks in India in 2026?
Here’s how you can explore semiconductor stocks in NSE using Tickertape:
- Go to the Tickertape Stock Screener
- Click on 'Semiconductor Stocks'.
- Analyse and sort the Semiconductor Stocks using over 200+ filters, including valuation ratios, financials, technical indicators, and more, based on your investment thesis.
- Review the filtered semiconductor share list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
- Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Semiconductor Stocks.
Disclaimer: Please do your own research or consult your financial advisor before investing.What are some of the top semiconductor stock companies listed on NSE?
Some of the leading Indian semiconductor stocks listed on the NSE include:
- Bharat Electronics Ltd
- HCL Technologies Ltd
- Vedanta Ltd
- CG Power and Industrial Solutions Ltd
- Dixon Technologies (India) Ltd
To gain a clear outlook on the top 10 semiconductor stocks in India, you can conduct your analysis with Tickertape Stock Screener.
Disclaimer: Please note that the above semiconductor share list is for educational purposes only, and is not recommendatory. Please conduct your own research or consult with your financial advisor before investing.What are the factors affecting semiconductor stock prices?
Several factors influence companies on a semiconductor stocks list in India:
- Global Demand: Increased demand for electronic devices, AI, and 5G technologies boosts semiconductor sales.
- Supply Chain Dynamics: Disruptions in the global supply chain can impact production and profitability.
- Government Policies: Initiatives like the Production Linked Incentive (PLI) scheme and the Semicon India Program affect semiconductor industry growth in India.
- Technological Advancements: Innovation in chip design and manufacturing processes can provide competitive advantages.
- Geopolitical Factors: Trade tensions and international relations can influence market dynamics and investor sentiment.
What is the future projection of semiconductor stocks in India?
As of 2026, the outlook for semiconductor manufacturing companies in India is supported by a semiconductor market projected to reach about $103.4 bn by 2030. Semicon 2.0 has a ₹1.275 lakh cr outlay, while 12 semiconductor projects had been approved across six states. Future stock performance will still depend on project execution, capacity utilisation, technology capabilities and global chip cycles.Disclaimer: Please note that this is not a recommendation, and investors should conduct their own research to fully understand the future outlook for any sector.
How to choose Semiconductor stocks for investing?
When analysing Indian semiconductor stocks, market participants often review business segments, financial performance, capacity expansion, technology partnerships, customer concentration and exposure to electronics, telecom, EVs, AI infrastructure and other semiconductor end-markets.Disclaimer: Please note that this is not a recommendation. Please conduct your own research or consult with your financial advisor before investing.Do the top semiconductor stocks in India offer regular dividends?
Dividend policies vary across the top 5 semiconductor stocks in India and other semiconductor-linked companies. Some may distribute regular dividends, while others may prioritise expansion, capex or research. Investors can compare payout history and dividend yields using the Tickertape Stock Screener.Disclaimer: Dividend payouts are not guaranteed and can fluctuate based on the company's performance, market conditions, and internal policies. Always review the company's dividend history and financial health before making investment decisions.Are semiconductor stocks a good investment for the long term?
India's focus on chip self-reliance, rising electronics demand and expanding manufacturing capacity supports the development of semiconductor stocks in NSE. However, long-term outcomes depend on project execution, technology adoption, utilisation levels and global semiconductor cycles.Disclaimer: Please note that this is not a recommendation. Please conduct your own research or consult with your financial advisor before making an investment.How do semiconductor stocks perform in volatile markets?
Both established semiconductor companies and semiconductor penny stocks in India can experience sharp price movements during volatile markets due to changing chip cycles, supply-chain disruptions, shifts in demand, technology changes and broader economic conditions.
