After the permission of the 5G technology trial by the Department of Telecommunications, the companies related to it are going to bring many types of projects. In such a situation, investing in the shares of these companies can be beneficial.
This has come into the limelight with the approval given by the Department of Telecommunications to the 5G Technology Trial. Where it is trending on different issues on social media. So at the same time, companies related to technology are preparing to make their profits from it. If you also want to earn big money through 5G technology, then you can invest in stocks related to it. Today we will tell you about a few selected shares whose connection is with 5G technology.
Reliance Jio, the promoter company of Reliance Industries, has maintained a special identity in the telecom world. Jio’s market share is constantly increasing. In such a situation, Reliance Industries stock can see a surge as soon as 5G technology comes. If we look at the record of its last 52 weeks, its minimum level has been Rs 1393.65. While the highest has been Rs 2368.80. Hence, the company has given a return of around 69 per cent in a year.
Vodafone Idea, India’s third largest telecommunications service provider, also has a good hold in the market. Since the merger of Vodafone and Idea, its stock has given returns up to 6 times. In such a situation, it is expected that since the arrival of 5G technology, this company will also enter the market with a new plan. This can benefit those who invest money in the stocks of the company. Now its stock has a 52-week low of Rs 4.19, while the highest level is Rs 13.8. Hence, the company has given a return of around 229 per cent in a year.
Tech Mahindra can expand information technology with the introduction of 5G technology in India. Therefore it can be beneficial to invest in the stock of this company. The company has a 52-week low of Rs 501.5 and the highest level is Rs 1081.25. In such a situation, the company has given almost double the returns.
The company has patented all its products related to 5G devices. In such a situation, experts believe that investing in the stock of this manufacturing company can benefit. The stock has a 52-week low of Rs 28.50 and a high of Rs 221.5. In such a situation, the stock has given about 10 times returns.
It is a telecommunication service provider that has captured about 36 per cent of the market. It has also started trial of 5G services in many places. In such a situation, investing in the company’s stock can be a profitable deal. If we look at the record of 52 weeks of the company, its minimum level has been Rs 394 and the maximum level is Rs 623. Hence, the company has given around 58 per cent returns in a year.
Disclaimer : The stocks mentioned in the article are based on the suggestions of market experts. We do not recommend investing in any such shares. Be sure to consult the expert before putting money.