Top E-commerce Stocks in India 2025
During the 2025 festive season, India’s e-commerce industry crossed ₹1.2 lakh cr in sales, a 27% increase from the previous year. Quick commerce platforms alone contributed around ₹14,010 cr, showing the growing demand and reach of the sector. This creates vast opportunities for e-commerce companies to scale operations, broaden service offerings, and capture significant market share in both urban and rural areas.
E-commerce Stocks in India
Friday, 17 October, 2025
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FIRS | Brainbees Solutions Ltd | FIRSTCRY | /stocks/brainbees-solutions-FIRS | Retail - Apparel | 364.60 | 720.15 | 286.05 | 17,624.23 | -92.04 | 40.68 | 3.34 | 0.00 | -4.22 | -47.72 | -46.31 | -46.31 | Smallcap | Consumer Discretionary Distribution & Retail | Retail | Other Specialty Retail | 0.22 |
| FON | Fone4 Communications(India) Ltd | FONE4 | /stocks/fone4-communications-india-FON | Retail - Online | 6.18 | 19.25 | 5.23 | 14.97 | -4.71 | 40.68 | 3.81 | 0.00 | -57.56 | 3.34 | -5.65 | -34.95 | Smallcap | Consumer Discretionary Distribution & Retail | Retail | Computer & Electronics Retail | 0.00 |
| IIAB | Yaari Digital Integrated Services Ltd | YAARI | /stocks/indiabulls-integrated-services-IIAB | Business Support Services | 18.29 | 20.30 | 11.40 | 175.76 | -2.58 | 40.45 | -0.64 | 0.00 | 0.00 | 35.78 | -45.57 | -59.27 | Smallcap | Commercial & Professional Services | Commercial Services & Supplies | Diversified Support Services | -2.57 |
| INMR | Indiamart Intermesh Ltd | INDIAMART | /stocks/indiamart-intermesh-INMR | Online Services | 2,356.20 | 3,101.00 | 1,900.10 | 14,139.96 | 25.68 | 141.94 | 6.47 | 2.12 | 28.09 | -22.62 | 7.76 | -5.79 | Smallcap | Capital Goods | Interactive Media & Services | Trading Companies & Distributors | -0.51 |
| NYK | Fsn E-Commerce Ventures Ltd | NYKAA | /stocks/fsn-e-commerce-ventures-NYK | Wellness Services | 263.31 | 268.25 | 154.90 | 75,340.34 | 1,140.14 | 40.68 | 56.11 | 0.00 | 5.04 | 41.73 | 36.15 | -28.38 | Midcap | Consumer Discretionary Distribution & Retail | Diversified Consumer Services | Other Specialty Retail | -0.82 |
| PACE | Pace E-Commerce Ventures Ltd | PACE | /stocks/pace-e-commerce-ventures-PACE | Retail - Online | 22.65 | 44.45 | 20.90 | 51.04 | 15.47 | 40.68 | 0.67 | 0.00 | 4.43 | -28.50 | -79.35 | -79.35 | Smallcap | Consumer Discretionary Distribution & Retail | Retail | Homefurnishing Retail | -0.71 |
| SWIG | Swiggy Ltd | SWIGGY | /stocks/swiggy-SWIG | Online Services | 448.40 | 617.30 | 297.00 | 103,178.08 | -33.10 | 141.94 | 10.10 | 0.00 | -34.61 | -1.67 | -1.67 | -1.67 | Midcap | Consumer Services | Interactive Media & Services | Restaurants | -3.62 |
| ZOM | Eternal Ltd | ETERNAL | /stocks/zomato-ZOM | Online Services | 347.85 | 368.45 | 194.80 | 316,504.06 | 600.58 | 141.94 | 10.44 | 0.00 | 2.08 | 26.84 | 455.23 | 176.07 | Largecap | Consumer Services | Interactive Media & Services | Restaurants | -1.49 |
Disclaimer: Please note that the above e-commerce stocks list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data on this list of e-commerce sector stocks is dynamic in nature and subject to real-time changes. This data is derived from Tickertape Stock Screener.
What are E-Commerce Stocks in India?
E-commerce stocks represent shares of companies that facilitate the online sales of products and services. These include firms that run digital marketplaces, logistics networks, payment gateways, and other tech-driven solutions that support online retail.
Top E-commerce Stocks in India
- Eternal Ltd (formerly Zomato): Eternal Ltd, founded in 2008 as Foodiebay and rebranded to Zomato in 2010, adopted the Eternal name in 2025; it operates Zomato for food delivery and Blinkit for quick commerce, serving food services and essential goods delivery without changing consumer-facing brands.
- Swiggy Ltd: Founded in 2014 by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini, Swiggy leads India’s food delivery and quick commerce sectors by connecting customers with restaurants and delivering groceries quickly through Swiggy Instamart.
- FSN E-Commerce Ventures Ltd (Nykaa): Founded by Falguni Nayar in 2012, FSN E-Commerce Ventures operates Nykaa as a leading beauty and fashion platform that sells a wide product range, including in-house brands, and remains widely popular in beauty and wellness.
- Brainbees Solutions Ltd (FirstCry): Founded in 2010 by Supam Maheshwari and Amitava Saha, Brainbees Solutions operates FirstCry, India’s largest e-commerce platform for baby, kids, and maternity products across online and offline channels.
- Indiamart Intermesh Ltd: Founded in 1996 and incorporated in 1999, Indiamart Intermesh connects buyers with suppliers across industries and has grown into India’s largest online B2B marketplace by reach and scale
Government Initiatives for E-Commerce Sector
- Establishment of E-Commerce Export Hubs (ECEHs): The government announced plans to set up 50 E-Commerce Export Hubs over the next five years in a public-private partnership (PPP) mode
- Tax Deducted at Source (TDS) Reduction: The TDS rate on e-commerce operators was reduced from 1% to 0.1%. This move aims to simplify compliance for e-commerce businesses and encourage more participation in the digital economy.
- Support for MSME Digitalisation: A ₹277 cr initiative was introduced to aid MSMEs in adopting digital technologies. This funding is intended to support the digital transformation of MSMEs.
Benefits of Investing in E-Commerce Stocks
- Diversified Market Reach: E-commerce businesses often cater to both urban and rural markets, giving them a wider customer base and more room for growth.
- Increased Consumer Adoption: India had 806–886 mn internet users at the start of 2025, and the number is expected to surpass 900 mn during the year. The majority of these new users are from rural areas, showing the growing reach of e-commerce across the country.
- Strong Industry Trends: E-commerce benefits from trends like convenience, competitive pricing, personalised services, and the rising demand for home delivery.
- Scalable Business Models: Many e-commerce companies have business models that can grow easily without the limitations faced by traditional businesses, offering potential for strong returns.
Risks of Investing in E-Commerce Stocks in India
- Intense Competition: The e-commerce sector is highly competitive, with many companies fighting for market share. This can lead to lower prices, smaller profit margins, and higher marketing expenses.
- Supply Chain and Logistics Challenges: E-commerce companies rely on smooth logistics. Delays in delivery or rising shipping costs can hurt their ability to make profits.
- Technological Risks: Since e-commerce businesses depend on technology for things like websites and customer service, issues such as system failures, data breaches, or cyberattacks can hurt their reputation and trust.
- Logistics and Operational Costs: As these companies grow, their costs for warehousing, delivery, and customer service increase. This can lower their profit margins and affect overall profitability.
Factors to Consider Before Investing in E-Commerce Stocks in India
- Market Position and Competitive Advantage: E-commerce companies with strong market positions and competitive advantages tend to perform well over time. Leading brands that have built customer loyalty and recognition are better positioned to face industry challenges.
- Scalability of the Business Model: E-commerce companies that can scale their operations effectively as demand increases tend to offer better growth prospects. Firms with efficient logistics networks, automated systems, and the ability to expand into new markets are more likely to capitalise on the growing online consumer base.
- Technology and Infrastructure: As e-commerce depends heavily on technology, it’s important to consider how well companies are investing in their technological infrastructure. A robust, scalable platform that can handle high traffic and complex operations is key to success.
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To Wrap It Up…
The e-commerce sector in India offers great growth potential, fueled by a large and expanding internet user base, especially in rural areas. Government initiatives like Digital India are accelerating this growth. However, risks such as intense competition, regulatory changes, and logistical challenges affect the growth of this sector. While e-commerce stocks show promise, investors must carefully evaluate each company based on their investment thesis before investing.
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Frequently Asked Questions on E-commerce Stocks
1. What are e-commerce stocks in India?
E-commerce stocks are shares of companies involved in online retail and digital marketplaces. These companies primarily operate in sectors like online shopping, logistics, payment systems, and digital services.
2. What are the best e-commerce stocks in India?
As of 9th October , 2025, some of the best e-commerce stocks based on market capitalisation include:
- Eternal Ltd
- Swiggy Ltd
- FSN E-Commerce Ventures Ltd
- Brainbees Solutions Ltd
- Indiamart Intermesh Ltd
Disclaimer: Please note that the above e-commerce stocks list in India is for educational purposes only, and is not recommendatory
3. How to choose the right e-commerce stocks?
Incestors can use tools like Tickertape Stock Screener, which offers over 200 filters, to generate a list of e-commerce stocks in India. From this list, investors can choose the stocks based on various metrics that match their investment thesis.
4. Who should invest in e-commerce stocks?
Investors who are seeking exposure to India’s growing digital economy and want to tap into the expanding online shopping trend and emerging markets may explore e-commerce stocks.
5. What are the factors affecting the performance of e-commerce stocks?
Factors that influence e-commerce stock performance include market competition, consumer behaviour, technological advancements, logistics efficiency, government regulations, and overall economic conditions.
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