Top 5G Stocks in India by Market Capitalization

Explore the leading companies powering India's 5G revolution with strong growth potential.

Overview of 5G Technology

5G technology promises faster speeds, lower latency, and broader connectivity. It is set to transform industries like healthcare, transportation, and entertainment in India, with market opportunities expected to surpass $1 trillion by 2028.

Reliance Industries

Market Cap: ₹16,38,364 Crore Based in Mumbai, Reliance Industries leads India's 5G revolution through Jio Platforms. It offers ultra-fast internet and digital solutions, alongside a strong presence in petrochemicals and retail. Data as of 31st December 2024. Source – NSE

Bharti Airtel

Market Cap: ₹9,03,872 Crore Headquartered in Gurgaon, Bharti Airtel is a telecom leader offering advanced 5G connectivity under its Airtel 5G Plus brand. It also excels in data centers, cloud services, and innovative solutions.

Tech Mahindra

\Market Cap: ₹1,70,377 Crore Pune-based Tech Mahindra is a global IT and consulting firm offering enterprise 5G solutions. It specializes in network transformation, IoT, and cybersecurity to empower industries. Data as of 31st December 2024. Source – NSE

Indus Towers

Market Cap: ₹89,711 Crore India's largest telecom tower company, Indus Towers, headquartered in Gurgaon, enables seamless 5G deployment. Its robust infrastructure supports nationwide digital connectivity. Data as of 31st December 2024. Source – NSE

Vodafone Idea

Market Cap: ₹54,157 Crore Mumbai-based Vodafone Idea is enhancing its 5G capabilities to provide affordable, high-speed internet across India, addressing both urban and rural connectivity needs. Data as of 31st December 2024. Source – NSE

ITI Limited

Market Cap: ₹36,437 Crore Based in Bengaluru, ITI Limited manufactures 5G-ready equipment and contributes significantly to India’s self-reliance in telecom hardware production. Data as of 31st December 2024. Source – NSE

HFCL

Market Cap: ₹16,004 Crore Headquartered in Gurugram, HFCL provides fiber optic solutions critical to India’s 5G rollout. The company supports high-speed internet and advanced telecom infrastructure. Data as of 31st December 2024. Source – NSE

Tejas Networks

Market Cap: ₹20,585 Crore Bengaluru-based Tejas Networks specialises in optical and broadband networking products, ensuring reliable and high-speed 5G connectivity solutions. Data as of 31st December 2024. Source – NSE

Summary

India’s 5G revolution is backed by companies like Reliance, Airtel, and Tech Mahindra, each contributing to the next era of connectivity and growth.