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Top Semiconductor Stocks in India (2025)

Semiconductor stocks are crucial as India builds a self-reliant chip ecosystem to support its digital, automotive, and electronics manufacturing future. Here’s the list of top semiconductor stocks in India.

Top Semiconductor Stocks in 2025

Semiconductor Stock Screener

Semiconductor Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 17 of 17 results

last updated at 6:30 AM IST 
NameStocks (17)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.HCL Technologies LtdHCLTECHIT Services & ConsultingIT Services & Consulting4,43,838.964,43,838.961,654.601,654.6025.5225.520.860.866.876.871.751.75-12.81-12.816.376.3725.2125.2131.2731.273.673.670.090.092.062.06
2.Bharat Electronics LtdBELElectronic EquipmentsElectronic Equipments2,95,278.522,95,278.52407.15407.1555.4955.490.790.79-4.27-4.274.244.2430.1430.1414.7714.7729.2929.2933.7533.750.590.590.000.002.362.36
3.Vedanta LtdVEDLMetals - DiversifiedMetals - Diversified2,08,083.712,08,083.71529.65529.6513.8813.88-0.59-0.593.183.1821.2421.2413.0813.083.873.8731.2831.2829.1129.118.178.171.701.702.512.51
4.Polycab India LtdPOLYCABElectrical Components & EquipmentsElectrical Components & Equipments1,08,794.051,08,794.057,348.507,348.5053.8653.861.681.68-5.03-5.0324.6124.610.660.6610.9810.9822.2622.2628.0328.030.480.480.020.022.772.77
5.ABB India LtdABBHeavy Electrical EquipmentsHeavy Electrical Equipments1,08,221.611,08,221.615,172.505,172.5057.8257.821.281.28-2.65-2.65-14.38-14.38-32.51-32.5115.3015.3028.7528.7535.5035.500.860.860.010.012.292.29
6.CG Power and Industrial Solutions LtdCGPOWERHeavy Electrical EquipmentsHeavy Electrical Equipments1,04,598.721,04,598.72662.35662.35107.32107.32-0.28-0.28-10.59-10.59-4.00-4.00-11.94-11.9425.9125.9127.6227.6231.9331.930.190.190.010.012.772.77
7.Hitachi Energy India LtdPOWERINDIAHeavy Electrical EquipmentsHeavy Electrical Equipments97,390.6197,390.6120,085.0020,085.00253.63253.63-8.08-8.0816.2516.251.431.4365.9265.9223.1123.1113.7813.7813.2913.290.030.030.020.024.144.14
8.Havells India LtdHAVELLSElectrical Components & EquipmentsElectrical Components & Equipments89,108.1189,108.111,433.501,433.5060.5260.520.910.91-4.64-4.64-4.43-4.43-17.27-17.2710.6810.6818.6518.6522.8322.830.700.700.040.041.911.91
9.Dixon Technologies (India) LtdDIXONHome Electronics & AppliancesHome Electronics & Appliances85,003.4585,003.4513,707.0013,707.0077.5977.59-2.22-2.22-9.68-9.68-8.35-8.35-21.18-21.1824.4424.4442.0642.0641.6041.600.060.060.190.192.942.94
10.Tata Elxsi LtdTATAELXSISoftware ServicesSoftware Services32,233.9132,233.915,216.505,216.5041.0641.060.810.81-5.07-5.07-19.09-19.09-26.93-26.9311.2711.2729.2629.2634.3134.311.451.450.070.072.192.19
11.V Guard Industries LtdVGUARDElectrical Components & EquipmentsElectrical Components & Equipments14,809.5414,809.54338.00338.0047.2147.21-0.41-0.41-8.07-8.07-9.42-9.42-21.71-21.717.067.0616.0416.0419.0119.010.440.440.060.062.012.01
12.ASM Technologies LtdASMTECIT Services & ConsultingIT Services & Consulting4,700.504,700.503,393.653,393.65179.27179.271.361.36-9.02-9.0244.5544.55138.18138.1828.4728.4717.4117.4124.5824.580.080.080.520.524.744.74
13.Moschip Technologies LtdMOSCHIPPlastic ProductsPlastic Products4,018.924,018.92207.30207.30120.11120.11-0.71-0.71-15.68-15.6812.7812.784.314.3112.2512.2511.2011.2011.2511.25--0.060.064.514.51
14.Solex Energy LtdSOLEXIndustrial MachineryIndustrial Machinery1,727.971,727.971,563.401,563.4041.1141.11-2.26-2.26-9.41-9.4124.5124.513.983.9810.7010.7040.4640.4628.8628.860.030.030.910.913.943.94
15.MIC Electronics LtdMICELElectrical Components & EquipmentsElectrical Components & Equipments1,092.751,092.7544.9644.96111.16111.16-0.84-0.84-16.18-16.18-24.44-24.44-50.01-50.014.914.915.715.717.597.59--0.220.224.524.52
16.SPEL Semiconductor LtdSPELSElectronic EquipmentsElectronic Equipments836.57836.57177.80177.80-39.72-39.72-1.98-1.98-6.54-6.5430.2630.2610.8510.8564.7564.75-91.57-91.57-32.86-32.86--2.402.404.924.92
17.Surana Telecom and Power LtdSURANAT&PCablesCables265.14265.1419.5319.5311.3111.310.000.00-9.58-9.58-2.79-2.79-13.01-13.011.551.5514.6714.6716.6316.63--0.040.043.933.93

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

The Union Budget 2025–26 underscores the Government of India’s continued commitment to bolstering domestic semiconductor capabilities through enhanced funding and supportive policies. Below are the key takeaways and implications of the Union Budget 2025-26 for the semiconductor sector in India:

  • ₹7,000 cr allocated to boost semiconductor manufacturing, covering fabrication, packaging, R&D, and design.
  • Part of expanded PLI and allied schemes focused on high-tech electronics manufacturing.
  • Budget emphasises capacity building by supporting local fabless design startups and building advanced testing/packaging infrastructure.
  • Aims to attract global semiconductor firms and create a comprehensive domestic ecosystem from chip design to fabrication.
  • Launch of targeted R&D programs for chip design and semiconductor innovation.
  • Focus on collaborations with academia and tech leaders to strengthen skilling and talent development in advanced electronics.
  • 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. Search for Semiconductor Stocks: Go to Tickertape Stock Screener and set the “Return on Equity” filter
    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, in case your preferred parameters are not available. This can help you narrow down the top semiconductor stocks in India.
    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. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
    6. 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 2025

    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 2025, 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 2025, 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 2025, 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 2025, 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 2025 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 2025.

    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

    India’s semiconductor industry plays a big role in the country’s technological and economic growth. At present, India imports most of its semiconductors from countries such as Taiwan, China, Korea, and Vietnam. In 2023, the industry was valued at USD 34.3 bn, and experts expect it to reach USD 100.2 bn by 2032, showing a strong increase in demand for electronic products.

    To make India less dependent on imports, the Ministry of Electronics and Information Technology (MeitY) started the India Semiconductor Mission (ISM) with a USD 10 bn budget. The main parts of this initiative include:

    1. India Semiconductor Mission (ISM): Aims to encourage more semiconductor production in India with a USD 10 bn investment.
    2. Design Linked Incentive (DLI) Scheme: Supports emerging semiconductor startups across the country.
    3. Production Linked Incentive (PLI) Scheme: Provides advantages for setting up semiconductor manufacturing plants in India.
    4. Make in India Initiative: Promotes the overall effort to increase domestic production in the country.

    Features of Semiconductor Stocks

    R&D Investment

    Most semiconductor companies invest heavily in R&D, which drives competitiveness and performance.

    Cross-Industry Use

    These chips are used in sectors like electronics, automotive, and healthcare, which supports long-term demand.

    Global Demand

    International demand for AI, IoT, and 5G solutions influences Indian semiconductor stock movements.

    Economic Sensitivity

    Semiconductor stocks react quickly to economic and market changes due to their global exposure.

    Advantages of Best Semiconductor Stocks in India for 2025

    Growth Potential

    High-growth semiconductor stocks in India 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 cover multiple industries and provide exposure to a range of sectors, which helps broaden investment exposure.

    Exposure to Innovation

    Indian semiconductor companies engage in technological innovations such as 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 different markets and opportunities and may impact stock performance.

    Demand Stability

    The demand for semiconductors links 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 and affect their stock performance.

    Supply Chain Disruptions

    Global supply chain issues such as raw material shortages or production delays can impact semiconductor companies and influence 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 manage these disruptions more effectively.

    To Wrap Up

    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.

    Frequently Asked Questions on Semiconductor Stocks

    1. 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 the best semiconductor company in India provides exposure to the rapidly growing technology sector, driven by advancements in AI, IoT, and 5G technologies.

    2. 2. 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. Click on 'Semiconductor Stocks'.
      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. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
      5. 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.

    3. 3. What are some of the top semiconductor stock companies listed on NSE?

      Top NSE-listed Semiconductor Stocks in India include:
      1. Bharat Electronics Ltd
      2. HCL Technologies Ltd
      3. Vedanta Ltd
      4. CG Power and Industrial Solutions Ltd
      5. Dixon Technologies (India) Ltd

      To gain a clear outlook on the top 10 semiconductor companies in India, you can conduct your analysis with Tickertape Stock Screener.

      Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

    4. 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. 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 like 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 share price in India along with key metrics for better insights.

      Disclaimer: This is only for educational purposes, as the latest data is derived from major financial research reports.

    6. 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 do your own research or consult your financial advisor before investing.

    7. 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. You can see the semiconductor share list for more information at Tickertape Stock Screener.

      Disclaimer: The latest data on dividends is derived from Tickertape Stock Screener.

    8. 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. 9. How do Semiconductor Stocks perform in volatile markets?

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