Electronic stocks in India represent shares of companies involved in the manufacturing, distribution and development of electronic products and components. These companies operate in sectors such as consumer electronics (TVs, smartphones), industrial electronics, semiconductors and electronic appliances.
The table below shows the electronic stocks in India based on the highest market capitalisation and 1-year return.
Stock Name | Close Price ₹ | Market Cap (In Cr) | 1Y Return % |
Bharat Electronics Ltd | 283.60 | 207305.33 | 105.06 |
Honeywell Automation India Ltd | 49024.90 | 43345.48 | 25.23 |
PG Electroplast Ltd | 601.85 | 15746.23 | 235.69 |
Zen Technologies Ltd | 1626.40 | 14614.91 | 100.87 |
Genus Power Infrastructures Ltd | 413.65 | 11425.45 | 52.95 |
Syrma SGS Technology Ltd | 429.65 | 7629.94 | -23.00 |
Shilchar Technologies Ltd | 5878.20 | 4483.19 | 263.58 |
Exicom Tele-Systems Ltd | 348.55 | 4211.34 | 54.95 |
Avalon Technologies Ltd | 502.80 | 3310.59 | -13.89 |
Apollo Micro Systems Ltd | 102.89 | 3153.47 | 92.86 |
Introduction to Electronic Shares List
Bharat Electronics Ltd
The Market Cap of Bharat Electronics Ltd is Rs. 207,305.33 crores. The stock’s monthly return is -0.65%. Its one-year return is 105.06%. The stock is 20.06% away from its 52-week high.
Bharat Electronics Limited, headquartered in India, specialises in manufacturing and supplying electronic equipment and systems for defence and non-defense markets. The company’s defence product range includes navigation systems, communication products, radars, naval systems, electronic warfare systems, avionics, electro-optics, tank and armoured fighting vehicle electronic systems, weapon systems, simulators and more.
In the non-defence sector, the company offers products and services such as cyber security, e-mobility, railway systems, e-governance systems, homeland security, civilian radars, turnkey projects, components/devices and telecom and broadcast systems.
Honeywell Automation India Ltd
The Market Cap of Honeywell Automation India Ltd is Rs. 43,345.48 crores. The stock’s monthly return is -7.70%. Its one-year return is 25.23%. The stock is 22.37% away from its 52-week high.
Honeywell Automation India Limited (HAIL) is an Indian company specializing in automation and control systems. The company operates three sectors: electronic systems manufacturing, equipment maintenance and repair and machinery trading. Its Process solutions division provides a range of industrial automation products.
The Building Solutions sector offers technologies for green and secure buildings in various industries. The Building Management Systems arm focuses on building automation and the Advanced Sensing Technologies unit delivers sensors for healthcare and other industries.
PG Electroplast Ltd
The Market Cap of PG Electroplast Ltd is Rs. 15,746.23 crores. The stock’s monthly return is 38.64%. Its one-year return is 235.69%. The stock is 3.51% away from its 52-week high.
PG Electroplast Limited is a provider of electronic manufacturing services (EMS) in India for original equipment manufacturers (OEMs) of consumer electronic products. The company is involved in manufacturing consumer durables, which encompass various divisions such as moulding, electronics, complete products, paint shop, thermoset and tooling.
Within the moulding division, the company produces parts for air-conditioners, air coolers, washing machines, refrigerators, ceiling fan parts, automobile components and sanitary ware products. The electronics division focuses on Printed circuit board assemblies for LED lights, televisions and set-top boxes.
Zen Technologies Ltd
The Market Cap of Zen Technologies Ltd is Rs. 14,614.91 crores. The stock’s monthly return is -0.99%. Its one-year return is 100.87%. The stock is 21.13% away from its 52-week high.
Zen Technologies Limited is an India-based company specializing in the design, development and manufacturing of defence training systems that utilize sensor and simulator technology. The company’s product line encompasses a variety of offerings such as military training simulators for land-based operations, driving simulators, live range equipment and anti-drone systems.
Based in Hyderabad, the company’s training platform integrates its full range of products. One of its key products, the Anti-Drone System (ZADS), is designed for detecting, classifying and tracking drones using passive surveillance and camera sensors, while also neutralizing threats by disrupting drone communication.
Genus Power Infrastructures Ltd
The Market Cap of Genus Power Infrastructures Ltd is Rs. 11,425.45 crores. The stock’s monthly return is 10.55%. Its one-year return is 52.95%. The stock is 15.21% away from its 52-week high.
Genus Power Infrastructures Limited is an India-based company specializing in manufacturing and providing metering solutions, as well as undertaking engineering, construction and contracts on a turnkey basis.
The company has two main segments: Metering business and Strategic investment activity. Within its metering solutions, the company offers a variety of electricity meters including single-phase three-phase, CT-operated, ABT and grid meters, DT meters, prepayment meters, smart meters, net meters, AMI and MDAS.
Syrma SGS Technology Ltd
The Market Cap of Syrma SGS Technology Ltd is Rs. 7,629.94 crores. The stock’s monthly return stands at 1.46%. Over the past year, the return has been -23.00%. Currently, the stock is 64.13% away from its 52-week high.
Syrma SGS Technology Limited is an Indian holding company that specializes in manufacturing a wide range of electronic components, assemblies and products. Their offerings include electronic sub-assemblies, disk drives, memory modules, power supplies/adapters, fibreoptic assemblies, magnetic induction coils and radio frequency identification (RFID) products.
Syrma SGS Technology Limited provides original equipment manufacturer (OEM) manufacturing services with a focus on high-mix, flexible volume production. Their comprehensive electronics manufacturing services (EMS) cover product design, rapid prototyping, printed circuit board assembly and automatic tester development.
Shilchar Technologies Ltd
The Market Cap of Shilchar Technologies Ltd is Rs. 4,483.19 crores. The stock’s monthly return is -6.79%. Over the past year, it has achieved a return of 263.58%. Currently, the stock is 19.97% away from its 52-week high.
Shilchar Technologies Limited, based in India, manufactures and distributes power transformers as well as electronics and telecommunication transformers. The company solely operates in the Transformers & Parts segment.
With a total land area of approximately 750,000 square feet and a production area of 100,000 square feet, the company produces around 4,000 mega-volt amp (MVA) transformers annually. It specializes in manufacturing distribution transformers ranging from 5 MVA, 33 KV Class to 50 MVA, 132 KV Class.
Exicom Tele-Systems Ltd
The Market Cap of Exicom Tele-Systems Ltd is Rs. 4,211.34 crores. The stock’s monthly return is -12.77%. Its one-year return stands at 54.95%. The stock is 52.06% away from its 52-week high.
Exicom Tele-Systems Ltd specializes in sustainable solutions for critical power and electric vehicle (EV) charging. The company provides transformative battery storage systems and power management solutions for critical digital infrastructure, alongside cutting-edge EV charging solutions for homes and businesses.
Exicom is committed to driving sustainability by advancing EV adoption and ensuring mission-critical network continuity. With a global presence and a team of over 1200 professionals, Exicom is a key player in promoting a cleaner, greener future.
Avalon Technologies Ltd
The Market Cap of Avalon Technologies Ltd is Rs. 3,310.59 crores. The stock’s monthly return is 5.33%. Its one-year return is -13.89%. The stock is currently 23.31% below its 52-week high.
Avalon Technologies Limited is a fully integrated electronic manufacturing services company based in India, offering comprehensive solutions for box-build projects. The company caters to global original equipment manufacturers (OEMs) in countries such as the United States, China, Netherlands and Japan.
Their services range from printed circuit board design and assembly to complete electronic system assembly, including cable assembly, sheet metal fabrication, machining, magnetics and injection moulded plastics. Avalon Technologies specializes in manufacturing critical integrated assemblies, sub-assemblies, components and enclosures for various industries, providing design support throughout the process.
Apollo Micro Systems Ltd
The Market Cap of Apollo Micro Systems Ltd is Rs. 3,153.47 crores. The stock’s monthly return is -6.76%. Its one-year return is 92.86%. The stock is 57.16% away from its 52-week high.
Apollo Micro Systems (AMS), established in 1985, is recognized as a pioneer in the design, development, and assembly of custom-built electronics and electro-mechanical solutions. Solutions based on state-of-the-art technologies are offered by AMS for primary customers in the aerospace, defence and space sectors.
Solutions are also provided for the railways, automotive and homeland security markets. An edge over the competition is given by the wide spectrum of technological solutions and end-to-end design, assembly and testing capabilities.
What Are Electronic Stocks?
Electronic stocks refer to shares of companies that are traded through electronic platforms rather than traditional physical exchanges. This modern trading method enables faster transactions, increased efficiency and greater accessibility for investors, allowing them to buy and sell with ease from anywhere.
The rise of electronic stocks has transformed the investment landscape. Investors can access real-time data and execute trades instantly, reducing the time and costs associated with traditional trading methods. This shift has democratized investing, enabling a broader range of individuals to participate in the stock market.
Features of Best Electronic Stocks in India
The key features of the best electronic stocks in India include a strong market position that often characterizes top electronic stocks, reflecting their significant presence in the industry.
- Technological Innovation: Companies that lead in electronic stocks usually invest heavily in R&D, ensuring they stay at the forefront of technological advancements. This commitment helps them maintain a competitive edge and capture market share.
- Robust Financial Performance: Successful electronic stocks often display strong financial health, marked by consistent revenue growth and profitability. This stability reassures investors and reflects the company’s effective management and market strategy.
- Market Demand: The best electronic stocks benefit from high consumer demand for electronic devices and components. Companies that can leverage growing trends and preferences, such as smart devices and IoT, are well-positioned for success.
- Strategic Partnerships: Leading firms in the electronic sector frequently form strategic alliances with technology providers, manufacturers and distributors. These partnerships enhance their market reach and operational efficiency, contributing to sustained growth.
- Government Support: Companies in this sector often benefit from favourable government policies and incentives aimed at promoting electronics manufacturing and innovation. Such support can provide financial advantages and boost long-term growth prospects.
Best Electronics Stocks in India 2024 Based on 6-Month Return
The table below shows the best electronics stocks in India in 2024 based on a 6-month return.
Stock Name | Close Price ₹ | 6M Return % |
PG Electroplast Ltd | 601.85 | 258.19 |
Zen Technologies Ltd | 1626.40 | 80.02 |
Genus Power Infrastructures Ltd | 413.65 | 69.49 |
Shilchar Technologies Ltd | 5878.20 | 45.44 |
Exicom Tele-Systems Ltd | 348.55 | 41.43 |
Bharat Electronics Ltd | 283.60 | 34.76 |
Honeywell Automation India Ltd | 49024.90 | 30.28 |
Avalon Technologies Ltd | 502.80 | -2.35 |
Apollo Micro Systems Ltd | 102.89 | -13.79 |
Syrma SGS Technology Ltd | 429.65 | -17.34 |
Electronics Sector Stocks List Based on 5-Year Net Profit Margin
The table below shows the electronics sector stocks list based on a 5-year net profit margin.
Stock Name | Close Price ₹ | 5Y Avg Net Profit Margin % |
Zen Technologies Ltd | 1626.40 | 18.72 |
Bharat Electronics Ltd | 283.60 | 15.94 |
Honeywell Automation India Ltd | 49024.90 | 12.92 |
Shilchar Technologies Ltd | 5878.20 | 10.33 |
Genus Power Infrastructures Ltd | 413.65 | 7.05 |
Syrma SGS Technology Ltd | 429.65 | 6.48 |
Apollo Micro Systems Ltd | 102.89 | 6.26 |
Avalon Technologies Ltd | 502.80 | 4.15 |
PG Electroplast Ltd | 601.85 | 2.77 |
List Of Best Electronics Stocks Based on 1M Return
The table below shows the list of best electronics stocks based on 1-month returns.
Stock Name | Close Price ₹ | 1M Return % |
PG Electroplast Ltd | 601.85 | 38.64 |
Genus Power Infrastructures Ltd | 413.65 | 10.55 |
Avalon Technologies Ltd | 502.80 | 5.33 |
Syrma SGS Technology Ltd | 429.65 | 1.46 |
Bharat Electronics Ltd | 283.60 | -0.65 |
Zen Technologies Ltd | 1626.40 | -0.99 |
Apollo Micro Systems Ltd | 102.89 | -6.76 |
Shilchar Technologies Ltd | 5878.20 | -6.79 |
Honeywell Automation India Ltd | 49024.90 | -7.7 |
Exicom Tele-Systems Ltd | 348.55 | -12.77 |
High Dividend Yield Electronic Stocks NSE
The table below shows the high dividend yield electronic stocks NSE.
Stock Name | Close Price ₹ | Dividend Yield % |
Bharat Electronics Ltd | 283.60 | 0.78 |
Syrma SGS Technology Ltd | 429.65 | 0.35 |
Shilchar Technologies Ltd | 5878.20 | 0.21 |
Honeywell Automation India Ltd | 49024.90 | 0.2 |
Zen Technologies Ltd | 1626.40 | 0.06 |
PG Electroplast Ltd | 601.85 | 0.03 |
Historical Performance of Companies Listed In the Electronic Sector
The table below shows the historical performance of companies listed in the electronic sector.
Stock Name | Close Price ₹ | 5Y CAGR % |
PG Electroplast Ltd | 601.85 | 161.89 |
Shilchar Technologies Ltd | 5878.20 | 131.98 |
Zen Technologies Ltd | 1626.40 | 96.48 |
Genus Power Infrastructures Ltd | 413.65 | 80.73 |
Apollo Micro Systems Ltd | 102.89 | 64.78 |
Bharat Electronics Ltd | 283.60 | 50.81 |
Honeywell Automation India Ltd | 49024.90 | 14.05 |
Factors to consider when investing in Top Electronic Stocks in India
The factor to consider when investing in top electronic stocks in India is their market potential. Companies with strong market potential are well-positioned to capture growth opportunities and drive long-term profitability.
- Revenue Growth: Examine the revenue growth of electronic companies, focusing on consistent performance and future projections. A track record of increasing revenue indicates strong market demand and operational efficiency.
- Innovation Capabilities: Assess a company’s commitment to research and development. Firms that consistently innovate and introduce cutting-edge technologies are likely to maintain competitive advantages and achieve sustained growth.
- Market Share: Analyze the company’s market share within the electronic sector. A higher market share often correlates with greater industry influence and the ability to leverage economies of scale.
- Financial Health: Evaluate the financial stability of the company by reviewing key metrics like profitability, debt levels and cash flow. Strong financial health supports ongoing operations and investment in growth initiatives.
- Regulatory Environment: Understand the regulatory landscape affecting electronic companies. Compliance with industry regulations and adapting to changing policies are crucial for operational continuity and market access.
How to invest in the Electronic Sector Stocks?
To invest in electronic sector stocks, first research companies in India’s electronics industry, such as manufacturers of consumer electronics, semiconductors or components. Look for established players. Open a brokerage account like Alice Blue, analyze the company’s financial health, and review market trends. Finally, purchase shares through stock exchanges like NSE or BSE.
Impact of Government Policies on Electronic Stocks In NSE
Government policies significantly influence electronic stocks on the NSE. Initiatives like subsidies for tech innovation and incentives for domestic manufacturing boost sector growth, enhancing stock performance. Policies aimed at reducing import duties for electronic components also benefit companies by lowering operational costs.
Conversely, regulatory changes or increased taxes can negatively impact profitability. Stricter compliance requirements may increase operational costs, affecting stock values. Monitoring policy updates is crucial for investors to anticipate market shifts and adjust their strategies accordingly.
Overall, government policies shape the profitability and growth potential of electronic stocks, making them a key factor in investment decisions.
How Top Electronic Stocks in India Perform in Economic Downturns?
During economic downturns, top electronic stocks in India often face challenges due to reduced consumer spending and decreased business investments. Companies may experience lower sales volumes and squeezed profit margins as both consumers and businesses cut back on discretionary spending.
However, leading electronic firms with strong balance sheets and diversified product lines might weather the downturn better. They can leverage cost-control measures and adapt to changing market conditions, positioning themselves for recovery as economic conditions improve. Investors should focus on companies with robust fundamentals and resilience to economic fluctuations.
Advantages Of Investing In Electronic Stocks India
The primary advantage of investing in electronic stocks in India is their significant growth potential driven by technological advancements.
- Technological Innovation: Investing in electronic stocks provides exposure to cutting-edge technologies like IoT and AI. Companies in this sector are at the forefront of innovation, which can drive substantial growth and profitability over time.
- Government Initiatives: The Indian government promotes electronics manufacturing through policies such as “Make in India” and production-linked incentives (PLI). These initiatives aim to boost local production and attract foreign investment, benefiting investors.
- Growing Market Demand: India’s expanding middle class and increasing disposable income contribute to rising demand for electronic products. This trend supports higher sales and revenue growth for companies in the electronic sector.
- Export Potential: Indian electronic companies are increasingly focusing on exports. The global demand for electronics is rising and Indian firms are well-positioned to tap into international markets, enhancing profitability.
- Infrastructure Development: Investment in infrastructure, such as improved power supply and technological hubs, supports the growth of the electronic sector. This infrastructure development creates a conducive environment for companies to thrive and expand.
Risks Of Investing In Electronic Stocks India
The main risk of investing in electronic stocks in India involves market volatility, which can lead to significant price swings due to global economic uncertainties and domestic policy changes.
- High Dependency on Technology Trends: Electronic stocks are heavily influenced by rapid technological advancements. A company’s performance can suffer if it fails to innovate or adapt, affecting stock values.
- Regulatory Changes: Government policies and regulations in India can impact electronic companies. Frequent changes in taxation, import duties, or environmental regulations can affect profitability and operational costs, influencing stock performance.
- Supply Chain Vulnerabilities: The electronics sector relies on global supply chains for components. Disruptions, such as geopolitical tensions or natural disasters, can lead to delays and increased costs, impacting company revenues and stock prices.
- Currency Fluctuations: Many electronic companies import components or export products, making them vulnerable to currency fluctuations. Volatility in exchange rates can affect profit margins and financial stability, leading to stock price instability.
- Intense Competition: The electronics industry is highly competitive, with numerous players vying for market share. Companies must continuously invest in R&D and marketing to stay ahead, which can strain financial resources and affect stock performance.
Electronic Stocks GDP Contribution
Electronic stocks play a crucial role in national GDP, significantly contributing to economic growth. As technology advances, electronic industries, including semiconductor manufacturers and consumer electronics, drive innovation and productivity, bolstering various sectors. This sector’s growth impacts GDP positively by increasing export revenues and creating high-value jobs.
Moreover, electronic stocks support infrastructure development and technological advancement, essential for modern economies. Investments in electronic companies enhance their research and development capabilities, fostering new technologies that boost overall economic performance and efficiency. This dynamic sector continues to be a key driver of economic progress and GDP expansion.
Who Should Invest in Electronic Sector Stocks?
Investing in electronic sector stocks can be highly rewarding due to the sector’s rapid innovation and growth. Ideal investors in this sector are those who seek high potential returns and are comfortable with the associated risks of technology-driven markets.
- Tech Enthusiasts: Individuals with a passion for technology and an understanding of emerging trends will find electronic stocks appealing due to their potential for innovation and growth.
- Growth Investors: Those looking for high-growth opportunities should consider electronic stocks, as they often exhibit significant expansion potential compared to more stable sectors.
- Risk-Tolerant Investors: Investors who can handle market volatility and fluctuations will benefit from the dynamic nature of the electronic sector, which can offer substantial returns despite its risks.
- Long-Term Planners: Those who are ready to invest for the long term can take advantage of the sector’s ongoing advancements and increasing demand, leading to potentially substantial returns over time.
Top Electronic Stocks in India – FAQs
The leading electronic stocks include companies that excel in producing consumer electronics, semiconductors, and related technologies. Notable firms often highlighted are Apple, Samsung and NVIDIA, among others. These companies demonstrate strong market performance and innovation, contributing significantly to the technology sector’s growth.
The Best Electronic Stocks #1: Bharat Electronics Ltd
The Best Electronic Stocks #2: Honeywell Automation India Ltd
The Best Electronic Stocks #3: PG Electroplast Ltd
The Best Electronic Stocks #4: Zen Technologies Ltd
The Best Electronic Stocks #5: Genus Power Infrastructures Ltd
The top 5 stocks are based on market capitalization.
Investing in electronic stocks carries moderate risk due to market volatility and rapid technological changes. While they offer high growth potential, investors should be prepared for fluctuations and conduct thorough research to mitigate risks and align investments with their risk tolerance.
To invest in electronic stocks, start by researching companies and their market potential. Open a trading account with a brokerage like Alice Blue for a seamless experience. Complete your KYC process at Alice Blue to begin investing.
Is investing in electronic stocks a wise choice? With the growing reliance on technology, electronic stocks can offer significant opportunities for growth. However, it’s essential to conduct thorough research and consider market trends. Utilizing a reliable broker like Alice Blue can help you navigate these investments more effectively, ensuring you make informed decisions while maximizing your potential returns.
Currently, there are no well-known electronic sector stocks in India classified as penny stocks. Companies in the electronics industry are generally well-established with significant market capitalization, making them more stable investments and less likely to fall under the penny stock category.
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Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.