The global market size for semiconductors in 2021 was USD 527.88 billion and is projected to grow from USD 573.44 billion in 2022 to USD 1,380.79 billion in 2029, exhibiting a CAGR of 12.2 percent during the forecast period.
The semiconductor industry is often described as the “brain” of modern-day technology. It is the unseen tech that empowers our digital lives, enabling everything from the devices in our pockets to the cars we drive and the entire infrastructure that this interconnected world has been built upon.
Here are the some of stocks that are associated with semiconductors in one form or the other.
RIR Power Electronics Limited
In the day’s trade, On November 24, 2023, the shares of RIR Power Electronics were trading at Rs. 970, up 4.79 percent from its previous day’s close price of Rs. 925.65 and its market capitalization is Rs. 675 Crores.
The company’s revenue grew 35.44 percent from Rs. 42.33 Crores in FY22 to Rs. 57.33 Crores in FY23, accompanied by increasing profits of Rs. 2.81 Crores to Rs. 5.97 Crores.
In FY23 it has reported a return on equity (ROE) of 20.19 percent and a return on capital employed (ROCE) of 14.97 percent, it is making good returns on its equity and capital employed.
RIR Power Electronics Limited is engaged in manufacturing and selling of various power semiconductor devices such as bridges, power modules, diodes , rectifiers and thyristors and it also has a product portfolio that includes low-power to high-power devices and IGBT Modules that find applications in Welding, elevators, Battery Charges, Railways, Medical equipment, etc.
Moschip Technologies Limited
In the day’s trade, the shares of Moschip Technologies Limited were trading at Rs. 95.70, up 3.84 percent from its previous day’s close price of Rs. 92.16 and its market capitalization is Rs. 1,738 Crores
The company’s revenue grew 34.35 percent from Rs. 147.64 Crores in FY22 to Rs. 198.36 Crores in FY23, accompanied by profits of Rs. 6.45 Crore to Rs. 6.18 Crore. It has reported a return on equity (ROE) of 7.79 percent and a return on capital employed (ROCE) of 10.1 percent, it is making good returns on its equity and capital employed considering it has recently started to generate profits.
Moschip Technologies Limited is a semiconductor and system design company. It specializes in product design and development services ranging from chip design to systems development.
Dixon Technologies Limited
In the day’s trade, the shares of Dixon Technologies Limited were trading at Rs. 5,307.55, down 0.71 percent from its previous day’s close price of Rs. 5,345.35 and its market capitalization is Rs. 31,712 Crores.
According to the recent financials of the company, it has reported an increase in revenue from Rs. 10,697.08 Crores in FY22 to Rs. 12,192.01 Crores in FY23. Moreover, the company’s net profits have increased from Rs. 190.33 Crores to Rs. 255.08 Crores.
The company has reported a return on equity (ROE) of 22.63 percent and a return on capital employed (ROCE) of 27.98 percent, which indicates a good return on equity and efficient use of the company’s resources.
Dixon Technologies Limited is engaged in providing manufacturing and design-focused solutions for consumer durables, home appliances, lighting, mobile phones, security devices, set-top boxes, wearables, and medical equipment to customers across the globe, along with repairing and refurbishment services of LED TV panels.
Written by: Bharath K.S
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