Electronic devices have become an integral part of everyone’s lives. From smartphones to watches, these devices have revolutionised daily living. Central to these devices is a critical component known as the semiconductor. Without semiconductors, the controlled flow of electricity in electronic gadgets would be impossible. Today, we delve into companies involved in semiconductor manufacturing, which can serve as lucrative investment opportunities due to the burgeoning semiconductor market.
Bharat Electronics Limited (BEL):
A major Indian defence electronics company under the Ministry of Defense, BEL specialises in designing, manufacturing, and supplying advanced electronics systems. From radar and sonar to communications equipment and weapon systems, BEL significantly contributes to enhancing India’s defence capabilities and self-reliance in electronics technology. In terms of its price performance, the company has given a return of 350 per cent in three years, 117.39 per cent in one year, and 45.54 per cent in one month. The current share price of BEL at 3:30 PM on February 28 is Rs 205.
ABB India Limited:
A leading technology company focusing on power and automation, ABB India Limited is a subsidiary of the global ABB Group. It deals extensively in robotics, electrification, industrial automation, and digital solutions. Expected to play a pivotal role in semiconductor production, ABB India Limited has given a return of 255.24 per cent return in three years, 68.73 per cent in one year, and 27.57 per cent in three months. The share price of ABB India at 3:30 PM on February 28 is Rs 5,429.
Havells India Limited:
As one of India’s largest electrical companies, Havells specialises in manufacturing electronic equipment and consumer goods. Its diverse product range includes switches, cables, and circuit protection devices, along with lighting solutions. Havells has not only captured the domestic market but also boasts international clientele. Despite a competitive market, Havells has shown steady growth, providing investors with consistent returns. In terms of its price performance, the company has given a return of 38.79 per cent in three years, 28.18 per cent in tears, and 19.75 per cent in three months. The share price of Havells at 3:30 PM on February 28 is Rs 1,528.
Bharat Heavy Electricals Limited (BHEL):
With a history dating back to 1978, BHEL has been manufacturing power semiconductor diodes and thyristors for decades. Owned by the government, BHEL supplies millions of semiconductor devices annually, catering to various sectors such as power, transmission, transportation, and defence. In the past three years, the stock has given a return of 372.06 per cent. In the past year, BHEL has given a return of 221.92 per cent to its investors. In the last three months, the stock of BHEL has given a return of 43.99 per cent. The share price of BHEL at 3:30 PM on February 28 is Rs 223.50.
Investors eyeing semiconductor companies can capitalise on their potential for growth and stability, contributing to a diverse investment portfolio.
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