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List of Top Semiconductor Stocks in India for 2025

India’s semiconductor market was worth USD 52 bn in 2024 and is set to grow to USD 103.4 bn by 2030. Rising demand in AI, 5G, and electric vehicles drives this growth and creates strong investment opportunities.

Top Semiconductor Stocks in 2025

Semiconductor Stock Screener

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NameStocks (17)↓↓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 LtdHCLTECHIT Services & ConsultingIT Services & Consulting4,32,475.824,32,475.821,594.601,594.6024.8724.87-0.24-0.244.564.56-2.63-2.63-14.22-14.226.216.2125.2125.2131.2731.273.763.760.090.092.012.01
2.Bharat Electronics LtdBELElectronic EquipmentsElectronic Equipments3,06,864.523,06,864.52426.85426.8557.6757.671.681.682.142.1423.9623.9651.9351.9315.3515.3529.2929.2933.7533.750.570.570.000.002.322.32
3.Vedanta LtdVEDLMetals - DiversifiedMetals - Diversified2,06,833.962,06,833.96525.35525.3513.8013.80-0.80-0.809.649.6418.6718.6721.2221.223.853.8531.2831.2829.1129.118.228.221.701.702.452.45
4.CG Power and Industrial Solutions LtdCGPOWERHeavy Electrical EquipmentsHeavy Electrical Equipments1,17,351.921,17,351.92743.50743.50120.41120.41-0.23-0.23-0.27-0.2710.4810.486.966.9629.0629.0627.6227.6231.9331.930.170.170.010.012.752.75
5.Polycab India LtdPOLYCABElectrical Components & EquipmentsElectrical Components & Equipments1,16,230.481,16,230.487,632.007,632.0057.5457.54-1.15-1.15-0.01-0.0127.6027.6021.1121.1111.7311.7322.2622.2628.0328.030.450.450.020.022.742.74
6.ABB India LtdABBHeavy Electrical EquipmentsHeavy Electrical Equipments1,04,110.581,04,110.584,952.504,952.5055.6355.630.800.80-4.93-4.93-12.11-12.11-25.86-25.8614.7114.7128.7528.7535.5035.500.900.900.010.012.292.29
7.Hitachi Energy India LtdPOWERINDIAHeavy Electrical EquipmentsHeavy Electrical Equipments95,451.7295,451.7221,466.0021,466.00248.59248.590.240.2419.7719.7728.2728.2782.1982.1922.6522.6513.7813.7813.2913.290.030.030.020.024.024.02
8.Dixon Technologies (India) LtdDIXONHome Electronics & AppliancesHome Electronics & Appliances92,725.0992,725.0915,419.0015,419.0084.6484.640.630.63-10.81-10.81-4.35-4.354.354.3526.6626.6642.0642.0641.6041.600.050.050.190.192.922.92
9.Havells India LtdHAVELLSElectrical Components & EquipmentsElectrical Components & Equipments91,962.1391,962.131,469.401,469.4062.4662.460.230.23-0.74-0.74-8.06-8.06-9.23-9.2311.0311.0318.6518.6522.8322.830.680.680.040.041.891.89
10.Tata Elxsi LtdTATAELXSISoftware ServicesSoftware Services33,062.4133,062.415,266.505,266.5042.1242.12-0.77-0.77-1.21-1.21-13.67-13.67-17.38-17.3811.5611.5629.2629.2634.3134.311.411.410.070.072.222.22
11.V Guard Industries LtdVGUARDElectrical Components & EquipmentsElectrical Components & Equipments15,459.6915,459.69351.25351.2549.2849.28-0.86-0.861.101.10-6.77-6.77-13.39-13.397.377.3716.0416.0419.0119.010.420.420.060.062.082.08
12.ASM Technologies LtdASMTECIT Services & ConsultingIT Services & Consulting5,480.015,480.013,860.903,860.90209.00209.00-1.09-1.097.687.68146.63146.63179.73179.7333.1933.1917.4117.4124.5824.580.070.070.520.524.584.58
13.Moschip Technologies LtdMOSCHIPPlastic ProductsPlastic Products4,372.844,372.84228.75228.75130.69130.690.460.46-13.70-13.7028.5728.572.952.9513.3313.3311.2011.2011.2511.25--0.060.064.514.51
14.Solex Energy LtdSOLEXIndustrial MachineryIndustrial Machinery1,759.401,759.401,710.101,710.1041.8641.865.005.007.507.5083.2683.2614.1814.1810.8910.8940.4640.4628.8628.860.030.030.910.913.763.76
15.MIC Electronics LtdMICELElectrical Components & EquipmentsElectrical Components & Equipments1,156.611,156.6147.7947.79117.66117.66-0.42-0.42-15.36-15.36-21.64-21.64-44.08-44.085.205.205.715.717.597.59--0.220.224.394.39
16.SPEL Semiconductor LtdSPELSElectronic EquipmentsElectronic Equipments812.36812.36178.80178.80-38.57-38.571.501.50-10.79-10.7937.3837.387.007.0062.8862.88-91.57-91.57-32.86-32.86--2.402.404.744.74
17.Surana Telecom and Power LtdSURANAT&PCablesCables286.73286.7320.9820.9812.2312.23-0.66-0.66-1.77-1.7711.3011.302.492.491.681.6814.6714.6716.6316.63--0.040.043.873.87
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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.

Union Budget 2025-26 Allocations for the Semiconductor Sector

  1. Higher Outlay for MeitY: The government increased the Ministry of Electronics and Information Technology’s budget by about 48% and allocated ₹26,026.25 cr for FY 2025-26.
  2. Boost for Semiconductor and Display Manufacturing: It raised the funding for the Modified Programme for Semiconductor and Display Manufacturing to about ₹7,000 cr, marking an 83% rise over the previous year.
  3. Support for Setting Up Semiconductor Fabs: The government more than doubled the allocation for semiconductor fabrication units to ₹2,499.96 cr from ₹1,200 cr in FY 2024-25.
  4. Push for Advanced Packaging and Compound Semiconductors: It raised the budget for compound semiconductors, silicon photonics, sensors, ATMP, and OSAT units to ₹3,900 cr from about ₹2,500 cr.
  5. Incentives for Chip Design and Innovation: It also increased funding under the Design-Linked Incentive scheme to ₹200 cr from ₹105.46 cr to support domestic chip design and R&D.

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:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
    2. 

  2. Search for Semiconductor Stocks: Go to Tickertape Stock Screener and search for semiconductor-related stocks.
    3. 

  3. 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 if your preferred parameters are not available. This can help you narrow down the top semiconductor-related stocks.
    4. 

  4. 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.
    5. 

  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
    6. 

  6. Invest Through Your Broker: Once you’ve identified semiconductor stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.
    7. 


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 on NSE for 2025

HCL Technologies Ltd

Founded in 1976, HCL Technologies is a leading Indian IT services company offering software development, digital transformation, and cloud solutions. It operates globally across industries, focusing on innovation, automation, and engineering services.

Bharat Electronics Ltd

Established in 1954 under the Ministry of Defence, Bharat Electronics designs and manufactures defence electronics, radars, and communication systems. It supports India’s self-reliance goals through advanced technology in the aerospace and homeland security sectors.

Vedanta Ltd

Incorporated in 1965, Vedanta is a diversified natural resources company engaged in oil and gas, metals, mining, and power generation. It contributes significantly to India’s industrial output and focuses on sustainable resource management.

CG Power and Industrial Solutions Ltd

Founded in 1937, CG Power manufactures transformers, motors, and switchgear products. The company plays a vital role in India’s power transmission and distribution network, supporting industrial automation and renewable energy systems.

Polycab India Ltd

Established in 1996, Polycab India manufactures a range of cables, wires, and electrical products. It has expanded into consumer electronics, including fans and lighting, and has become one of India’s largest integrated electrical goods companies.

What Are Semiconductor Stocks?

Semiconductor stocks represent companies that design, produce, or supply semiconductors. These tiny electronic parts power devices like computers and smartphones by acting as their core processing units. As AI, the Internet of Things (IoT), and 5G technologies expand, the need for semiconductors continues to rise.



The India Semiconductor Mission

The Government of India launched the India Semiconductor Mission (ISM) to make the country a global hub for semiconductor and display manufacturing. The Ministry of Electronics and Information Technology (MeitY) leads this mission to reduce dependence on imported chips and build local capabilities in this vital sector.


By 2025, ISM achieved significant progress. It approved ten semiconductor and display manufacturing projects across six states with a total investment of about ₹1.60 lakh cr. India opened its first advanced 3-nanometer chip design centres in Noida and Bengaluru, showing major growth in local chip design skills.


The Indian Space Research Organisation (ISRO) developed the country's first fully indigenous 32-bit space-grade microprocessor named Vikram 3201, and the Semiconductor Laboratory (SCL) in Chandigarh manufactured it.

Overview of the Semiconductor Industry in India

  1. Rising Industry Momentum: India’s semiconductor industry is growing quickly as the country works to build a self-reliant electronics ecosystem.
  2. Core Role Across Sectors: Semiconductors power key industries such as smartphones, automobiles, consumer electronics, defence, and data centres.
  3. Government-Led Growth Push: Government programs like the Semicon India Programme, PLI Scheme, and DLI Scheme drive investment in chip design, manufacturing, and assembly.
  4. Budgetary Support for Expansion: The Union Budget 2025–26 increased funding for semiconductor fabrication units, advanced packaging, and research and development.
  5. Strong Design Capabilities: Over 120 semiconductor design companies in India contribute to global chip innovation.
  6. Expanding Domestic Demand: Rising demand in automotive, telecom, renewable energy, and electronics is boosting local semiconductor needs.
  7. Market Potential Ahead: The Indian semiconductor market may exceed USD 80 bn by 2030.
  8. Focus on Infrastructure and Talent: The government is building fabs, training skilled workers, and developing a strong manufacturing value chain.
  9. Vision for Global Leadership: These actions aim to make India a global leader in semiconductor manufacturing and innovation.

Impact of Market Trends on Semiconductor Stocks in India

  1. Market Shifts: Broader market fluctuations influence semiconductor demand and supply, which in turn impact stock performance.
  2. Tech Advancements: Emerging technologies, such as AI and 5G, increase chip usage, which in turn affects company valuations.
  3. Global Disruptions: Events such as chip shortages or economic slowdowns can reduce revenue and create volatility.
  4. Investor Sentiment: Market expectations around regulation or innovation often influence semiconductor stock prices.
  5. Innovation Focus: Companies that lead in innovation may gain in valuation, while others may fall behind.
  6. Trend Insights: Tracking industry trends helps investors identify growth opportunities and potential risks.

Features of Semiconductor Stocks

Technology-Driven Growth

Semiconductor stocks benefit from the growing demand for their use in electronics, AI, and the automotive sector, reflecting rapid innovation and evolving technology needs.

High Capital Intensity

These companies require substantial investments in fabrication plants, research, and advanced equipment, making the semiconductor sector a resource-intensive and highly competitive industry.

Cyclical Demand Patterns

The industry experiences cycles driven by global electronics demand, inventory fluctuations, and economic trends that impact stock performance.

Government Policy Support

Schemes such as the PLI and DLI offer incentives and infrastructure support, facilitating the expansion of the semiconductor sector within India.

Advantages of Best Semiconductor Stocks in India for 2025

Growth Potential

High-growth semiconductor stocks in India on NSE reflect the growing demand for semiconductors across industries, including technology, automotive, and healthcare. These sectors drive the overall demand for semiconductor products.

Sector Diversification

Semiconductor stocks span multiple industries, offering exposure to a range of sectors and thereby broadening investment opportunities.

Exposure to Innovation

Indian semiconductor companies are at the forefront of technological innovations, including AI, 5G, and autonomous vehicles. These developments can influence the stock prices of companies in the sector.

Global Market Reach

Many semiconductor companies in India operate globally. This reach provides access to various markets and opportunities, which may impact stock performance.

Demand Stability

The demand for semiconductors is linked to consumer electronics, smart devices, and IoT systems. These products drive the performance of semiconductor stocks in India.

Dividend Potential

Some semiconductor companies pay dividends, which offer investors regular income in addition to potential stock price growth.

Risks of Investing In Semiconductor Stocks

Market Volatility

Semiconductor stocks in India often show volatility due to rapid technology changes, economic shifts, and market trends.

Regulatory Risks

Government policy changes or trade regulations may impact Indian semiconductor companies, potentially affecting their stock performance.

Supply Chain Disruptions

Global supply chain issues, such as raw material shortages or production delays, can affect semiconductor companies and impact their stock prices.

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Factors to Consider Before Investing in Semiconductor Stocks in India

Market Demand

Demand for semiconductors in sectors like electronics and automotive may create investment opportunities in Indian semiconductor stocks.

Company Fundamentals

The financial health and operational strength of semiconductor companies, especially those showing strong earnings growth, drive their stock value.

Government Policies

Government initiatives such as the India Semiconductor Mission (ISM) support investment opportunities in Indian semiconductor stocks and encourage industry growth.

Global Supply Chain

Changes in the global supply chain affect semiconductor production. Companies with low debt-to-equity ratios may be better equipped to manage these disruptions.

To Wrap Up

India’s semiconductor industry is growing fast, with the market expected to hit USD 100.2 bn by 2032 compared to USD 34.3 bn in 2023. The government launched the India Semiconductor Mission (ISM) to reduce import dependence. Market trends, technological progress, and global supply chain changes shape the performance of semiconductor stocks in India. As India strengthens its presence in this industry, studying the top semiconductor companies in India helps investors gain better insights. With tools like the Tickertape Stock Screener, investors can track semiconductor stock prices in India and analyse potential opportunities.

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Frequently Asked Questions on Semiconductor Stocks

  1. What are Semiconductor Stocks?

    Semiconductor stocks represent shares of companies involved in the design, manufacturing, and supply of semiconductor components, commonly known as chips. These chips are integral to various electronic devices, including smartphones, computers, and automobiles. Investing in one of India's top semiconductor companies offers exposure to the rapidly growing technology sector, driven by advancements in AI, IoT, and 5G technologies.

  2. Which is the best semiconductor stock in India?

    Here are the top 5 semiconductor companies in India, sorted according to their market cap:

    1. HCL Technologies Ltd
    2. Bharat Electronics Ltd
    3. Vedanta Ltd
    4. CG Power and Industrial Solutions Ltd
    5. 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.

  3. How to invest in the best semiconductor stocks in India in 2025?

    Here’s how you can invest in Semiconductor Stocks -

      

    1. Go to the Tickertape Stock Screener
      2. 

    2. Click on 'Semiconductor Stocks'.
      3. 

    3. Analyse and sort the Semiconductor Stocks using over 200+ filters, including valuation ratios, financials, technical indicators, and more, based on your investment thesis.
      4. 

    4. Review the filtered semiconductor share list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
      5. 

    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Semiconductor Stocks.
      6. 


    Disclaimer: Please do your own research or consult your financial advisor before investing.

  4. What are the factors affecting Semiconductor stock prices?

    Several factors influence semiconductor stock prices in India:

      

    1. Global Demand: Increased demand for electronic devices, AI, and 5G technologies boosts semiconductor sales.

    2. Supply Chain Dynamics: Disruptions in the global supply chain can impact production and profitability.

    3. Government Policies: Initiatives like the Production Linked Incentive (PLI) scheme and the Semicon India Program affect semiconductor industry growth in India.

    4. Technological Advancements: Innovation in chip design and manufacturing processes can provide competitive advantages.

    5. Geopolitical Factors: Trade tensions and international relations can influence market dynamics and investor sentiment.

  5. What is the future projection of semiconductor stocks in India?

    The Indian semiconductor industry is expected to grow from $54 bn in 2025 to $108 bn by 2030, driven by domestic demand and government initiatives. New semiconductor fabrication units, such as the HCL-Foxconn joint venture, and investments from global players like Lam Research, are signs of growth. However, infrastructure development and the availability of a skilled workforce need to be addressed to realise this growth. You can track the semiconductor stock price in India along with key metrics for better insights.

    



    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.

  6. How to choose Semiconductor stocks for investing?

    Semiconductor-related stocks in India include companies involved in chip design, fabrication support or supply chain services. Market observers focus on listed semiconductor manufacturing companies in India with strong fundamentals, global partnerships and demand from sectors like electronics, telecom, and EVs when analysing these companies.

    

 Disclaimer: Please note that this is not a recommendation. Please conduct your own research or consult with your financial advisor before investing.

  7. Do the top semiconductor stocks in India offer regular dividends?

    Dividend policy varies from company to company. For example, HCL Technologies declared an interim dividend in April 2025; it has been a consistent dividend payer. Investors should review individual company announcements and historical dividend records for detailed information on each company's dividend history. You can see the semiconductor share list for more information at 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.

  8. Are semiconductor stocks a good investment for the long term?

    India’s focus on chip self-reliance through PLI schemes and growing digital demand is driving the establishment of semiconductor chip manufacturing companies in the country. Long-term outcomes will depend on plant setup, global partnerships and supply chain resilience.

    

 Disclaimer: Please note that this is not a recommendation. Please conduct your own research or consult with your financial advisor before making an investment.

  9. How do Semiconductor Stocks perform in volatile markets?

    Indian semiconductor stocks with high returns may be volatile due to various reasons, including technological advancements, supply chain issues, and economic conditions. They can adapt to market and industry trends.

    

 Disclaimer: This article is for informational purposes only. The content of the article, including securities/investment products mentioned, if any, should not in any manner be construed as investment advice, recommendation, offer, or solicitation to buy/hold/sell any securities/investment products. The securities quoted, if any, are for illustration only and are not recommendatory. Investment in the securities market is subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment advice, recommendation, offer, solicitation to buy/hold/sell any securities/investment products. The securities quoted if any, are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.