Top 5 Communications Stocks to Invest in 2023

RailTel Corporation of India Ltd

RailTel Corporation of India Ltd. stands as one of India's foremost providers of impartial telecom infrastructure.

Key Financial Data: – Current Market Price (CMP): ₹ 226.30 – Return on Capital Employed (ROCE): 14.39% – Return on Equity (ROE): 11.46% – Operating Profit Margin (OPM): 13.38%

Sterlite Technologies Ltd

Sterlite Technologies Ltd stands as a prominent global supplier of optical and digital solutions.

Key Financial Data: – Current Market Price (CMP): ₹ 163.40 – Return on Capital Employed (ROCE): 18.64% – Return on Equity (ROE): 6.74% – Operating Profit Margin (OPM): 8.98%

Uniinfo Telecom Services Ltd

Uniinfo Telecom Services Ltd offers Mobile Network connectivity and IT Infrastructure Integration solutions throughout India.

Key Financial Data: – Current Market Price (CMP): ₹ 26.50 – Return on Capital Employed (ROCE): 3.46% – Return on Equity (ROE): 1.87% – Operating Profit Margin (OPM): 3.22%

INDUS TOWERS Ltd

INDUS TOWERS Ltd was created through the merger of Bharti Infratel Limited and Indus Towers.

Key Financial Data: – Current Market Price (CMP): ₹ 183.60 – Return on Capital Employed (ROCE): 12.25% – Return on Equity (ROE): 9.66% – Operating Profit Margin (OPM): 16.58%

Himachal Futuristic Communications

Himachal Futuristic Communications is a telecom company that makes products and offers turnkey, telephony, and ISP services.

Key Financial Data: – Current Market Price (CMP): ₹ 72.75 – Return on Capital Employed (ROCE): 17.50% – Return on Equity (ROE): 9.68% – Operating Profit Margin (OPM): 12.28%

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