List of Best Semiconductor Stocks in India 2025

As technology evolves and digitalisation becomes the norm, the demand for semiconductor products has recently been on an upward curve. This makes semiconductor stocks an exciting investment option. In this blog, we’ll explore the top semiconductor stocks in India’s NSE and how to invest in them. We will also explore their future, features, benefits and factors to consider when investing in semiconductor stocks!

Top Semiconductor Stocks in India Listed in NSE for 2025

Disclaimer: Please note that the above table is for educational 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.

Note: The data in this list of top 10 semiconductor companies in India, including the semiconductor share price, is subject to real-time updates.

🚀 Pro Tip: You can use Tickertape’s Stock Screener to research and evaluate stocks with over 200+ filters and parameters.

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Overview of the Semiconductor Companies in India

Here is a brief overview of the best semiconductor stocks in India above:

MIC Electronics Ltd

Founded in 1988, MIC Electronics Ltd is a pioneer in LED display and lighting solutions, catering to sectors like transportation, advertising, and infrastructure with energy-efficient and innovative technologies. The company remains committed to delivering advanced, customised LED systems for diverse industrial needs.

Havells India Ltd

Havells India Ltd, established in 1958, is a leading electrical equipment company that manufactures products such as switchgear, cables, fans, lighting, and home appliances, renowned for quality and durability. It is widely recognised for its strong distribution network and consumer-centric innovations.

Polycab India Ltd

Incorporated in 1996, Polycab India Ltd is a top manufacturer of wires, cables, and electrical goods, with a strong market presence in lighting solutions, fans, and switchgear for domestic and global markets. The company is known for its focus on operational excellence and technology-driven growth.

RIR Power Electronics Ltd

RIR Power Electronics Ltd specialises in designing and manufacturing advanced power electronics systems, providing sustainable and efficient energy solutions for industrial and commercial applications. It is a trusted partner for industries seeking reliable and eco-friendly power management solutions.

Bharat Electronics Ltd

Established in 1954 under the Ministry of Defence, Bharat Electronics Ltd develops cutting-edge defence electronics, including radars, communication systems, and surveillance equipment, playing a vital role in India’s defence ecosystem. The company is also expanding its presence in civilian and non-defence applications.

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Investing in Semiconductor Stocks via smallcase

Did you know that you can invest in readymade semiconductor stock portfolios managed by SEBI-registered experts?

But, before that, let’s look at what smallcase is.

smallcases are portfolios of thematic stocks created and managed by SEBI-registered analysts. These modern investment products help investors invest in stock/ETF portfolios curated to represent a theme, strategy or objective.

Among 500+ smallcases, here are some of the top semiconductor smallcases:

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Here are a few popular smallcases among new investors:

What are Semiconductor Stocks?

Semiconductor stocks are shares of Indian companies that design, develop and manufacture the chips regulating electricity in phones, computers and other electronics. With device demand climbing, these largely blue-chip firms spearhead innovation and underpin the technology sector’s growth in the wider economy.

Relevant Union Budget 2025-26 Implications on the Semiconductor Industry in India

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:

• The government has earmarked Rs. 7,000 cr. for the semiconductor sector. This earmarked corpus aims to cover various segments of semiconductor manufacturing—ranging from fabrication and packaging units to research, development, and design initiatives. The outlay, as part of the broader Production Linked Incentive (PLI) and allied incentive schemes, marks a notable expansion in the government’s commitment to high-tech electronics manufacturing. 
• Beyond pure manufacturing incentives, the Budget prioritises capacity building, encouraging the establishment of local fabless design startups and the development of advanced testing and packaging infrastructure. This integrated approach is intended to attract global semiconductor firms while simultaneously fostering an indigenous ecosystem—covering the entire value chain from chip design to fabrication.
• Reflecting India’s aspiration to become a hub for semiconductor innovation, the government has introduced targeted programs for research and development in chip design. Collaborations with academia and global technology leaders are envisaged to expedite the training of specialised talent, underscoring the Budget’s emphasis on skilling and upskilling in advanced electronics.

Semiconductor Industry Stocks in India – Overview

The Indian semiconductor industry is growing rapidly.

The Indian semiconductor market was valued at approximately $23.2 billion in 2022 and is projected to reach $80.3 billion by 2028, growing at a compound annual growth rate (CAGR) of 17.10% during the forecast period.

The government has taken several initiatives to boost the semiconductor shares market in India, such as:

• The setting up of the $10 billion Semiconductor Fabs Incentive Scheme (SFMIS) to attract the leading semiconductor firms India.
• The introduction of the Production Linked Incentive (PLI) scheme for the semiconductor and display manufacturing sector.
• The setting up of the India Semiconductor Mission (ISM) to coordinate the development of the semiconductor industry stocks.

Why Invest in Semiconductor Stocks?

• Technology Backbone: Semiconductors power devices from smartphones to electric vehicles, placing the best semiconductor stocks to watch at the heart of modern innovation.
• Manufacturing Momentum: Government incentives and rising domestic demand are accelerating India’s semiconductor ecosystem, drawing investment to both established and emerging firms.
• Diversified Tech Exposure: Holding semiconductor shares adds exposure to IoT, 5G, cloud computing and artificial intelligence, broadening a portfolio’s technology mix.
• Economic Barometer: Chip makers often signal shifts in automotive, consumer-electronics and computing sectors, serving as a useful gauge of wider economic cycles.
• Varied Risk Spectrum: The sector ranges from large blue-chips to higher-volatility penny stocks, offering multiple risk-return profiles as India’s role in global supply chains expands.

How to Invest in Semiconductor Stocks?

Here is how one can invest in semiconductor stocks in NSE in India:

1. Open a demat/trading/stockbroker account. You can open a demat account with smallcase!

2. Conduct thorough research into the Indian high-growth semiconductor stocks that are of interest to you. Investors can use tools like the Tickertape Stock Screener to do this. The screener offers 200+ built-in filters to choose from, and investors can choose the parameters to research. 

3. Place a ‘Buy’ Order on the semiconductor Stocks of your choosing. 

Note: Investors should conduct thorough research and consult a financial advisor before investing in shares of leading semiconductor companies in India.

How to Choose the Best Semiconductor Stocks in India?

• Financial Strength: Stable revenue growth, sound margins and manageable leverage often indicate the capacity to fund expansion and absorb downturns.
• Technological Edge: Companies that sustain high R & D spending and regularly commercialise advanced chip designs generally keep pace with rapid industry change.
• Market Awareness: Performance is closely tied to global demand shifts, geopolitical dynamics and emerging technologies that reshape semiconductor supply chains.
• Sub-sector Diversification: Exposure across memory, logic, foundry and design services can temper the impact of volatility in any single segment.
• Valuation Signals: Ratios such as price-to-earnings and dividend yield provide context on current pricing relative to earnings and cash returns, while remaining backwards-looking.
• Regulatory Context: Domestic incentives and international trade policies continue to shape cost structures and market access for Indian chip makers.

Features of the Top Semiconductor Sector Stocks in India

• Continuous Innovation: Market frontrunners, including some penny-stock names, channel capital into R & D to keep pace with rapid technological cycles.
• Global Footprint: Products and design services reach clients worldwide, reducing reliance on any single geography.
• Robust Financials: Healthy cash flows, moderate debt and consistent profitability underpin long-term operational resilience.
• Strategic Alliances: Partnerships with equipment vendors, OEMs and cloud providers strengthen competitive positioning and speed up time-to-market.
• Resilient Supply Chains: Well-diversified sourcing and logistics networks help minimise production disruptions and meet demand reliably.

Future of Semiconductor Stocks in India

Current Landscape

1. India imports nearly all its chips—about US $24 billion—mainly from Taiwan, China, Korea and Vietnam.
2. Market size is forecast to reach roughly US $63 billion by 2026, fuelled by 5G rollout and wider electronics demand.
3. A new India-EU pact on research and talent aims to strengthen the domestic supply chain.
4. Under a ₹76,000-crore Production-linked Incentive, Delhi plans c. 20 fabs, offering subsidies that could create c. 35,000 direct and 100,000 indirect jobs.
5. The Semicon India Programme will meet up to 50 % of project costs; TSMC, Intel and AMD have expressed interest, while Tata has earmarked US $300 million and Vedanta around US $15 billion for local plants.

Outlook

The continuous demand for electronics, combined with advancements in materials such as graphene and complementary technologies like quantum and photonic circuits, suggests sustained global growth. Indian chip makers are already adapting these innovations, reinforcing the country’s emerging role in the supply chain. The sector’s resilience suggests semiconductors will remain pivotal, keeping investor attention on leading domestic names as the ecosystem expands.

Risks Associated with Investing in Semiconductor Shares

Here is a list of possible challenges while investing in even the best semiconductor stocks for high returns in India. 

• Volatility: Semiconductor stocks India can be highly volatile. Changes in demand, technological advancements, and stock market trends often affect them. This volatility can make it difficult to predict future returns.
• Competition: India’s semiconductor market is highly competitive, with many Indian semiconductor companies vying for market share. This competition can lead to price wars and reduced profit margins, negatively impacting stock prices.
• Cyclical Nature: The semiconductor manufacturing industries are cyclical, meaning that they go through periods of semiconductor industry growth and decline. 

Advantages of Investing in Semiconductor Stocks in India

There are multiple reasons why you should invest in top semiconductor companies in the Indian stock market listed in NSE. Thus, some of them have been listed below: 

• High Growth Potential: Semiconductor stocks in India operate in a rapidly evolving industry. The demand for these sector is constantly increasing due to the rising popularity of electronic devices. As a result, the top semiconductor stocks 2025 for short-term semiconductor investment opportunities in semiconductor stocks in India have the potential to generate high returns for investors.
• Diversification: Investing in the top semiconductor companies listed in India can help diversify your portfolio. Various industries, including healthcare, automotive, and consumer electronics, use semiconductors. This diversification can mitigate risks associated with investing in a single industry.
• Technological Innovation: Semiconductor stocks in India are constantly innovating to keep up with the demands of the market. Investing in these semiconductor manufacturing companies in India stock market can increase your exposure to cutting edge technologies and the growth potential associated with it.

Factors to Consider Before Investing in Semiconductor Shares

Investing in semiconductor companies India requires careful evaluation. Here are some key factors to consider:

Semiconductor Share Price

The semiconductor companies share price represents the value of a single share and is a critical metric for investors. It is determined by dividing the company’s market capitalization by its outstanding shares. The share price is influenced by factors such as global demand for semiconductors, economic conditions, and market trends. Evaluating the performance of semiconductor manufacturing companies in India listed in NSE, as well as tracking the best semiconductor penny stocks in India 2025, can provide insight into the sector’s potential.

Research the Companies

Selecting the best semiconductor manufacturing stocks in India requires thorough analysis. Investors should examine a company’s financial stability, market performance, growth potential, and dividend payouts. The semiconductor stock name list highlights promising opportunities among India semiconductor companies. Such research is essential for identifying both established firms and top semiconductor penny stocks in India.

Risks Associated with the Semiconductor Industry

The semiconductor industry faces several risks, including market volatility and global trade policy changes. These risks can affect the performance of semiconductor chip stocks in India and semiconductor related stocks in India. Understanding these risks and evaluating the impact on semiconductor manufacturing company in India can help investors make informed decisions.

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To Wrap It Up…

In conclusion, semiconductor shares offer significant growth potential for investors looking to invest in the technology sector. Understanding the semiconductor market in India, choosing the right semiconductor manufacturers, and knowing how to invest in semiconductor shares is essential for successful investing in this field. With the right research and investment strategy, portfolio investing of semiconductor shares can be a profitable investment opportunity for investors.

Frequently Asked Questions on Semiconductor Stocks

Stocks Under Budget

If you are looking for stocks under a particular price range, here’s the collection of stocks under a specifc budget:

Popular Group of Companies on NSE