Industry bucketWeak

Telecom

Telecom service providers, tower and fibre infrastructure, and network equipment.

28 companies
₹1.57L cr combined market capAs of 1 Oct 2026

Returns

Cap-weighted with a 12% ceiling per company
Basis1D1W1M3M6M1Y
Cap-weighted-0.0%-0.3%+1.8%-1.8%+68.1%+70.5%
Equal-weighted-1.5%-0.8%+1.4%-0.2%+37.9%+19.2%
vs universe——+7.0pp-0.1pp+56.8pp—

Cap- and equal-weighted diverge. 6M +30.2pp, 1Y +51.3pp. The large members are carrying this theme — the typical company in it did less well than the headline suggests.

One-year return computed from 22 of 28 members — the rest have less than a year of price history and are excluded rather than counted as flat.

Why this label

Classified Weak because it was none of the trending, turning-around or cooling conditions were met. Relative strength is measured against DocStoX universe (5,390 companies).

1M vs universe
+7.0pp
3M vs universe
-0.1pp
6M vs universe
+56.8pp
Above 200-DMA
41%
Above 50-DMA
37%
Acceleration
+7.1pp

These are the exact figures the nightly classifier read — not a recalculation in your browser. A dash means the input could not be computed, in which case no label is assigned at all.

Breadth

27 of 28 eligible
Above 200-day average41%
Above 50-day average37%
Median RSI
45.4
Oversold
4
RSI below 30
Overbought
1
RSI above 70

These percentages are of the 27 members that carry moving-average history, not all 28. Members without enough price history are excluded from both the numerator and the denominator.

Valuation

Medians, not averages — one loss-making outlier cannot drag the whole theme.

Median P/E
16.4
from 13 companies
Median ROE
1.2%
from 27 companies

Each median names the number of companies behind it. Companies without a reported figure are excluded from that median rather than counted as zero.

Leaders & laggards

Leaders

Strongest one-month moves inside this theme

  1. 1STLNETWORK logoSTL NETWORKS LIMITEDSTLNETWORK · ₹2,314 cr+73.7%
  2. 2STLTECH logoSTERLITE TECHNOLOGIES LTDSTLTECH · ₹47,768 cr+37.7%
  3. 3TNTELE logoTAMILNADU TELECOMMUNICATITNTELE · ₹53 cr+28.4%
  4. 4BIRLACABLE logoBIRLA CABLE LIMITEDBIRLACABLE · ₹1,159 cr+17.7%
  5. 5NETTLINX logoNettlinx LtdNETTLINX · ₹33 cr+17.5%

Laggards

Weakest one-month moves inside this theme

  1. 1KDL logoKORE DIGITAL LIMITEDKDL · ₹57 cr-48.0%
  2. 2TEJASNET logoTEJAS NETWORKS LIMITEDTEJASNET · ₹8,413 cr-14.2%
  3. 3ROUTE logoROUTE MOBILE LIMITEDROUTE · ₹2,754 cr-13.1%
  4. 4PUNJCOMMU logoPunjab Communications LtdPUNJCOMMU · ₹67 cr-10.7%
  5. 5TTML logoTATA TELESERV(MAHARASTRA)TTML · ₹6,809 cr-10.5%

All 28 companies

A dash means we have no figure — not a zero
Companies in the Telecom theme, with weight, market cap, price, returns and valuation.
TEJAS NETWORKS LIMITEDTEJASNET-14.2%
ITI LTDITI-10.1%
TATA TELESERV(MAHARASTRA)TTML-10.5%
RAILTEL CORP OF IND LTDRAILTEL-7.4%
STERLITE TECHNOLOGIES LTDSTLTECH+37.7%
TATA COMMUNICATIONS LTDTATACOMM-2.9%
PACE DIGITEK LIMITEDPACEDIGITK+0.6%
ROUTE MOBILE LIMITEDROUTE-13.1%
STL NETWORKS LIMITEDSTLNETWORK+73.7%
MAHANAGAR TELEPHONE NIGAMMTNL-7.6%
BIRLA CABLE LIMITEDBIRLACABLE+17.7%
SUYOG TELEMATICS LIMITEDSUYOG-6.4%
ONMOBILE GLOBAL LTD.ONMOBILE-1.5%
SAR TELEVENTURE LIMITEDSARTELE+7.3%
FROG INNOVATIONS LIMITEDFROG-2.8%
RELIANCE COMMUNICATIONS LRCOM+6.2%
UMIYA BUILDCON LIMITEDUMIYA-MRO-7.2%
AKSH OPTIFIBRE LTDAKSHOPTFBR-4.7%
RAMA TELECOM LIMITEDRTL-8.7%
Steelman Telecom LtdSTML+11.2%
Punjab Communications LtdPUNJCOMMU-10.7%
KORE DIGITAL LIMITEDKDL-48.0%
TAMILNADU TELECOMMUNICATITNTELE+28.4%
Clenon Enterprises Ltd517564-4.8%
Nettlinx LtdNETTLINX+17.5%
Vivo Collaboration Solutions LimitedVIVO-2.5%
UNIINFO TELECOM SERVI LTDUNIINFO-4.7%
City Online Services LtdCITYONLINE+2.7%

Telecom stocks — frequently asked

How many Telecom stocks are listed in India?
DocStoX tracks 28 listed Telecom companies across NSE and BSE, grouped from each company’s reported industry.
How have Telecom stocks performed over the last 3 months?
The Telecom theme returned -1.8% over three months on a market-cap-weighted basis (each company capped at 12%), measured against DocStoX universe (5,390 companies).
Are Telecom stocks trending?
DocStoX currently labels this theme "Weak", based on its 1-month and 3-month relative strength and the share of members above their 200-day and 50-day moving averages. This is a data classification, not investment advice.
Which Telecom stock has performed best recently?
STL NETWORKS LIMITED (STLNETWORK) leads the theme over the last month at +73.7%. Past performance does not indicate future returns.

Other industry buckets

Compare this theme with the rest of the market.

All themes

Capital Goods & Engineering

423 companies

+7.1%
3M1M +1.4%
Cooling
largest holdings

NBFC & Lending

386 companies

-9.3%
3M1M -7.7%
Weak
largest holdings

Agriculture & Food Processing

332 companies

-6.8%
3M1M -6.6%
Weak
largest holdings

Pharma & Healthcare

324 companies

+5.3%
3M1M -2.1%
Cooling
largest holdings

Themes are informational groupings of listed companies, not recommendations, portfolios or indices. Figures are computed nightly from end-of-day data and may lag the live market. This is not investment advice — consult a SEBI-registered adviser before investing.