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Please note that these companies are there for your reference so that you could get a look and feel of the information gathering experience on Ticker and hence should not be considered as recommendations of any sort. And, once you get the information, you can delve into analysis. These are baskets of stocks shortlisted using proven investment strategies. These assortments of companies are based on predefined criteria that help you choose stocks based on your own investment strategy.
- A few red flags for the company can be the high-interest payments compared to earnings and the inability to generate cash for some time now.
- The FPI route is for foreign investment in rupee-denominated debt.
- Sterlite Technologies Ltd is an Indian multinational technology company.
- Vodafone Idea is a company formed from the merger between Vodafone and Idea, two of the biggest telecom operators in India.
- And, if you already haven’t thought about a strategy, don’t worry.
Sterlite Technologies Ltd. is an Indian multinational company specialising in optical fibre, cables, deployment, network software, and hyper-scale network design. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement. There is no consistent trend of dividends across the industry, with different companies adopting different dividend policies. The details of listed 5G companies can be found on the NSE and BSE website. In the same way, the number of mobile base transceiver stations has seen a rapid growth of 187% and increased from 800,000 in CY14 to 2.3 million in CY21.
You’ll also see a rating for that company which a sort of cumulative score for that company based on its financial information available and its attractiveness as an option to invest into. Please be informed that the rating should not be used as a sole criterion to take the investment decision. It is only there for referential purpose and should be used accordingly. The best stock screening, equity research and company analysis tool built by a passionate team of investors at Finology®. The stock trading at a PE level of 13.7x comes with a dividend yield of 1.35%.
ITI Limited is a government-owned telecommunications equipment manufacturing company in India. It is under the ownership of the Department of Telecommunications. It has contributed to 50% of the present national telecom network in the country. MTNL reported a revenue of Rs 1,149 Cr and a net loss of Rs 2,603 Cr in FY22.
The main plant at Parwanoo is inspected and approved by the United States Food and Drug Administration for production of Loratadine, which is the best selling anti-allergy drug globally. It is the largest producer of Loratadine in the World and presently has over 90% market share of generic Loratadine in the US market, a supplier to top-class customers like Novartis, Merck, etc. There are several ways to play this massive investment opportunity. Apart from telecom player, you consider investing in telecom infrastructure companies and telecom equipment companies. The best time to buy stocks from this sector is when companies with strong fundamentals are trading at attractive valuations. Nowadays, investments are being made in rolling out of 5G network.
Share market update: Most active stocks of the day in terms of total traded value
The ratios are usually categorized as Profitability ratios, Solvency ratios, Liquidity ratios and Activity ratios. You would have heard about ratios like Price to Earnings (P/E), Price to Book Value (P/B), EBITDA etc. All these financial ratios come under the categories of ratios already mentioned.
In the spectrum auctions, Reliance Jio Infocomm spent Rs. 88,708 crores to acquire 220MHz airwaves in the expensive 700MHz band. The amount is almost twice of what Airtel, the second largest bidder paid. It has developed a 100 percent home-grown and comprehensive 5G solution, which is fully cloud-native and digitally managed. The company has successfully conducted trials of connected drones on its indigenous 5G network.
Sterlite Technologies Limited
In the case of Zee we have seen that till the deal is finally concluded, there will be some roadblocks. It may go through with a bit of a correction because of that. Our overall view is that in the world we are living in, there will be some M&As and they would create a monopoly or large market share and we are seeing that even in telecom and many other sectors. Airtel’s AGR market share, commonly known as RMS rose 83 basis points sequentially to 36.3% in the September quarter. Jio’s on-quarter revenue share gain was lower at 56 bps to 41.4%, while Vi’s slipped 20 bps sequentially to 17.5%, financial data put out by Trai showed. The stock doubled from its lowest level of Jun’22 and rose to 10-year high of Rs 607.
The FPI route is for foreign investment in rupee-denominated debt. Even in the retail part we are seeing a very strong traction and Trent has been doing pretty well in terms of operating performance. These are the two specific names where we have a positive view from a medium to long term perspective.
In an probe report submitted by Sebi in 2015, the income tax department by end of FY17 has identified about 64,000 entities which evaded taxes to the tune of Rs 38,000 crore in penny stocks. Recently, the Prime Minister’s Office has reportedly apprised the Central Board of Direct Taxes of 80 penny stocks. Other risk is that the Stock Exchanges namely Sensex and Nifty imposes upper and lower circuits on the companies https://1investing.in/ to prevent excessive speculation in them. Such imposition of a UC or LC on the stock can adversely impact the ability of the trader to exit the stock when he or she wants to. According to a SAMCO report, suppose XYZ Company is an index stock trading at Rs 2,000 and on the other hand penny stock PQR corp. is trading at Rs 5. Here one should look for value of these stock rather than the absolute price of the shares.
Bank of Maharashtra Ltd
The diversified conglomerate is spread across verticals like edible oil, distillery, and real estate.Last month, the company bagged Rs 285 crore order to supply 4.9 crores litres of ethanol to oil marketing companies. Additionally, the distillery unit of the company had also bagged an order to supply 1.65 crore 5g penny stocks in india litres of ethanol to Reliance Industries with an order value of Rs 107 crore. Consumer businesses are likely to drive growth for Reliance Industries. However, there is an upside risk to 02C earnings, said the note. The global investment bank forecasts 18% EBITDA growth in FY24E with 21% growth in retail.
Alok Industries Limited is an India-based textile company engaged in the cotton and polyester business. In addition, the Company is involved in manufacturing textiles, including mending and packing activities, leather, and other apparel products. There is no recent news about launching 5G in India, but yes currently it’s in the testing phase since PM Modi inaugurated India’s first 5g testbed and announced that this technology will be rolled out soon in India. ITI LimitedIndian Telephone Industries Limited is a telecommunications company owned by the government. The company comes under the ownership of the Department of telecommunications.
What kind of information does a stock screener provide?
So please provide the list of such PENNY SCRIPS WHICH ARE LOOSING DUE TO HIGH INTEREST BURDEN and also HIGH DEPRECIATION PROVISIONS. Investors should also never follow a buy and hold approach even if they have got good returns recently. Because over a period of time neither they are able to generate value for shareholders nor they follow a transparent reporting system. Investors should also research extensively about the stock and the news going on in the public domain and not become the victim of operators’ conspiracy, who later offload their holdings after manipulating the price. Himachal Futuristic Ltd. serves sectors like security, railways, telecommunications, cable fibre, and textiles. They are also involved in building portfolios in 5G products, including 5G Radio Access Network , 5G transport network in India and foreign markets.
Besides rival Vodafone Idea’s vulnerability in the absence of funding and 5G services, Airtel is betting on its rural push to bridge the coverage gap with market leader Reliance Jio. The company is also expanding its home broadband business and pushing for conversions to post-paid from pre-paid for the RMS growth. As a new investor, you may be overwhelmed by all the choices. But if you’re looking for an inexpensive option, investing in penny stocks might be just what you need to get started.
Despite this, the sector has been under stress for some time. For that reason, the telecom sector was given a bailout package in a bid to alleviate the financial stress in the sector in September 2021. The telecom industry has sought another relief package from the government to enable them to roll out affordable 5G services.
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges.
The transaction cost for some penny stocks is also higher and on some the brokerage is charged on a per-share basis. Similarly when stocks trade at a very low price, the spread between the bid and ask price also turn out to be significant in terms of percentage. Penny stocks trade at such low rates for a reason because most of the traders buying penny stocks don’t even care about them and look to exit sooner or later once they have given decent returns.
JIO has diversified into other verticals including JioMart, JioUPI, JioPOS, and JioSTB out of many. Vodafone Idea Limited, otherwise known as Vi is an Indian telecom operator which was formed after Vodafone India merged with Idea Cellular. It is the third-largest mobile telecommunications network in India and the 10th largest mobile telecommunications network in the world. It is the only Indian PSU to make it to the list of top 250 international contractors.