Semiconductor stocks to buy in 2024

India is now going to lead In the semiconductor market, as the Indian Government has announced investment of nearly (₹7,600 crore) in the semiconductor industry. 
In mid 2023 India has appointed Micron to set up a new semiconductor unit in Sanand, Gujarat
India has achieved four big successes in the mission of semiconductor in very short period of time.



So, here are some stocks to invest :

1. Vedanta : Vedanta Limited is an Indian-based natural resources company. 
Majorly involved in operating in oil and gas, zink, lead, silver, copper, iron ore, steel, nickel, aluminum, power and glass substrate.

Market cap : ₹97,682cr
Revenue (12M) : ₹1,46,149cr 
Growth rate (12M) : -2.04%

2. Tata elxsi : Tata Elxsi is an Indian- based global design and tech service company.  The company's business segments include system integration and support. 

Market cap : ₹47,291cr
Revenue (12M) : ₹3,484cr
Growth rate (12M) : 16.58%

3. Moschip :  Moshchip technologies Limited is an Indian-based semiconductor and system design service company. 

Market cap : ₹1,744 cr
Revenue (12M) : ₹272cr
Growth rate (12M) : 49.68%

4. HCL : Hcl technologies Limited is a technology company.  Which is engaged in providing a range of services in information technology (IT) and business services,  engineering and research and development (R&D) services and software products and IP-led offering. 

Market cap : ₹4,47,328cr
Revenue (12M) : ₹1,08,020cr
Growth rate (12M) : 10.85%

5. Hitachi energy : Hitachi energy India Ltd is an Indian-based power technology company, which is engaged in providing a comprehensive grid portfolio across the entire value chain. 

Market cap : ₹25,064cr 
Revenue (12M) : ₹4,876cr
Growth rate (12M) : 14.79%

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