Best 3 Stocks Of 5G Technology

Do you want to know which are the best 3 stocks in 5G technology? so this is the best article that research about it.

If you read this full article then you will get a broad view of 5G technology stocks using fundamental terms.

List Of 5G Technology Stocks

5G technology stocks will be performed in the upcoming days. Investment is not just about the current business. It must be remembered how the business performs in the future.

4G technology comes to India in 2017 and It completely changes the whole of India becoming a tech hub and changing many businesses, life, work culture, and many more things.

After the 5G implication in India, It must give a boost to Indian work culture and businesses, and the 5G technology-based company takes advantage and will grow very fast.

So the person who will invest in a 5G technology company will get a very compounded return.

1. Bharti Airtel Ltd

It is a Telecommunication – Service Provider Indian company that has ₹ 5,02,884.05 Cr. of Market Cap.

It is the oldest telecommunication company in India and only the company that defend the competition with Reliance Jio and beat them.

It has recently launched Airtel 5G in India’s many popular cities.

Bharti Airtel Ltd Fundamental Analysis

The share price of airtel is about Rs.850 and It is consistently growing. We analyzed using its official website and get the data given below.

Fundamental TermsExplanation For Bharti Airtel Ltd
Current Share PriceThe current share price is trading at Rs.850.
Market CapThe current market cap of the company is Rs.5,02,884.05 Cr.
Price To Earnings RatioThe P/E ratio of the company is 0.
No Of SharesThe total number of shares of airtel is 595.55 Cr.
EPSIt has reported Rs.-2.85 of eps in the recent annual results.
Current CashIt has Rs.328.50 Cr. of cash.
Total DebtIt has Rs.1,03,408.10 Cr. of net debt.
Sales GrowthIt has positive sales growth of 9.82%
Profit GrowthThe company has a good profit growth of 85.61 %

2. Reliance Industries Ltd

Mr. Mukesh D Ambani is the Chairman and Managing Director. The current price of reliance industries share is approx Rs.2,600 at the writing time of this post.

Reliance Ind has 12,82,764 Cr. in Rs. of the market cap which is a really big market cap.

It has hundreds of brands and on it, one is Jio which will take advantage of 5G in the future.

Reliance Industries Ltd Fundamental Analysis

Reliance Ind is one of the best companies based on fundamental analysis but It is more huge than expected and its hugeness may it makes slow.

Reliance Jio is just the 50th part of Reliance Ind so if you are a safe and low-risk investor then this is the best company for you.

Fundamental TermsExplanation For Reliance Industries Ltd
Current Share PriceThe current share price is trading at Rs.2,600.
Market CapThe current market cap of the company is Rs.17,65,349.33 Cr.
Price To Earnings RatioThe P/E ratio of the company is 40.
No Of SharesThe total number of shares of Reliance Ind is 676.60 Cr.
EPSIt has reported Rs.64 of eps in the recent annual results.
Current CashIt has Rs.21,714 Cr. of cash.
Total DebtIt has Rs.1,94,563 Cr. of net debt.
Sales GrowthIt has positive sales growth of 72.47%
Profit GrowthThe company has a fair profit growth of 22.35 %

3. Indus Towers Ltd

It is India’s largest tower company and Its customers are airtel, Jio, VI, BSNL, and MTNL. It has a good market cap of Rs.53,130.68 Cr.

Airtel, Jio, and other companies must give the business of 5G technology with Indus Towers Ltd to the setup of a 5G network.

Now we are going to analyze the fundamental terms of Indus Towers Ltd.

Indus Towers Ltd Fundamental Analysis

It has a good fundamental report to invest in it. This company does business with all the largest telecom companies.

Its sales and profit are growing at a good rate. It must get the benefits of 5G in the future.

Fundamental TermsExplanation For Indus Towers Ltd
Current Share PriceThe current share price is trading at Rs.200.
Market CapThe current market cap of the company is Rs.53,130.68 Cr.
Price To Earnings RatioThe P/E ratio of the company is 11.
No Of SharesThe total number of shares of Reliance Ind is 269.49 Cr.
EPSIt has reported Rs.17.60 of eps in the recent annual results.
Current CashIt has Rs.980 Cr. of cash.
Total DebtIt has Rs.5,486.80 Cr. of net debt.
Sales GrowthIt has positive sales growth of 98%
Profit GrowthThe company has a good profit growth of 90%

Conclusion

In the upcoming years, India going to enjoy 5G technology and these three companies will take the advantage of it.

I have shared all the important fundamental aspects that can help you to decide in which company you should invest.

Leave a Comment

NDTV Ltd Share Price Target 2022-2030 Tata Motors Share Price Target 2022-2030 Tata Power Share Price Target 2022-2030 Best 5 Intraday Trading Indicators 95% Accuracy RBL Bank Ltd Fundamental Analysis Best 7 Penny Stocks Of Tata Group IPO Allotment Status Check Online By Pan Number Best 5 Crypto Trading Apps In India Best 5 Forex Brokers In India For 2022 How To Open Free Demat Account Online