Technology Hardware Stocks with High ROCE

The table below shows the technology hardware stocks with high ROCE based on the Highest Market Capitalization.

What Are The Technology Hardware Stocks with High ROCE?

Technology hardware stocks refer to shares of companies producing physical devices such as computers, servers, and peripherals. High ROCE (Return on Capital Employed) indicates efficient use of capital in generating profits, reflecting strong management and robust financial performance. These stocks often attract investors due to their potential for sustained growth and value creation.

Features Of Technology Hardware Stocks with High ROCE

The feature of technology hardware stocks with high ROCE is their ability to efficiently utilize capital to generate profits, indicating strong operational efficiency and profitability.

1. Innovative Products: Companies consistently launch new and advanced technology products, maintaining competitive advantage and driving growth.
2. Cost Management: Effective cost control measures help maximize profit margins, crucial for sustaining high ROCE.
3. Strong Supply Chains: Robust supply chains ensure timely production and delivery, minimizing disruptions and costs.
4. Scalable Operations: Scalability allows companies to expand operations without proportional increases in costs, boosting ROCE.
5. Research and Development (R&D): Significant investment in R&D leads to product innovation and improved operational efficiencies, enhancing ROCE.

Best Technology Hardware Stocks with High ROCE

The table below shows the best technology hardware stocks with high ROCE based on the highest day Volume.

Top Technology Hardware Stocks with High ROCE in India

The table below shows the top technology hardware stocks with high ROCE in India based on 1-Year Return. 

Factors To Consider When Investing In Technology Hardware Stocks with High ROCE

The factors to consider when investing in technology hardware stocks with high ROCE include evaluating the company’s competitive edge, such as innovative technology and market position.

1. Financial Stability: Ensure the company has strong financial health, with manageable debt and positive cash flow.
2. Growth Potential: Assess the potential for future growth based on market trends and technological advancements.
3. Management Team: Evaluate the competence and track record of the management team.
4. Valuation: Compare the stock’s price with its intrinsic value to avoid overpaying.
5. Industry Trends: Stay informed about industry trends that could impact the company’s performance.

How To Invest In Technology Hardware Stocks with High ROCE?

To invest in technology hardware stocks with high ROCE, start by researching companies with a strong track record and solid financials. Open a brokerage account through platforms like Alice Blue. Diversify your investments, monitor industry trends, and evaluate the management team to make informed decisions.

Advantages Of Investing In Technology Hardware Stocks with High ROCE

The primary advantage of investing in technology hardware stocks with high ROCE is their potential for consistent and superior returns due to efficient capital utilization.

1. Higher Profitability: Companies with high ROCE typically generate higher profits from their capital investments.
2. Sustainable Growth: These companies often reinvest profits effectively, driving sustainable long-term growth.
3. Market Leadership: High ROCE firms often lead in innovation and market share.
4. Attractive Valuation: Stocks with high ROCE can be undervalued, presenting good investment opportunities.
5. Resilience: High ROCE companies tend to be more resilient in economic downturns due to efficient operations.

Risks Of Investing In Technology Hardware Stocks with High ROCE

The main risk of investing in technology hardware stocks with high ROCE is the potential for market volatility impacting stock prices unpredictably.

1. Technological Obsolescence: Rapid technological changes can render products obsolete quickly.
2. Competitive Pressure: Intense competition may erode market share and profitability.
3. Regulatory Risks: Changes in regulations can impact operations and financial performance.
4. Economic Downturns: Economic recessions can reduce consumer and business spending on technology.
5. Supply Chain Disruptions: Reliance on global supply chains can expose companies to disruptions that impact production and sales.

Introduction to Technology Hardware Stocks with High ROCE

Redington Ltd

The Market Cap of Redington Ltd is Rs. 16,436.03 crores. The stock’s monthly return is -3.11%. Its one-year return is 17.03%. The stock is 11.78% away from its 52-week high.

Redington Limited is an India-based company that specializes in providing technology solutions. The company’s primary focus is on distributing a wide range of technology products, including information technology, mobility, and various other technology products, as well as offering supply chain solutions. 

Redington Limited offers information technology solutions in areas such as cloud computing, technology services, digital printing, and solar technology. Additionally, the company provides logistics services, business process solutions, and financial services.  

Optiemus Infracom Ltd

The Market Cap of Optiemus Infracom Ltd is Rs. 3,818.93 crore. The stock’s monthly return is 35.82%. Its one-year return is 109.91%. The stock is 4.76% away from its 52-week high.

Optiemus Infracom Limited is a telecommunications company with diverse operations, primarily focused on the trading and production of mobile devices and accessories. The company mainly manufactures products for third-party brands and operates within the Telecommunications-Mobile Handset and Accessories sector. 

Optiemus Infracom Limited is involved in the management, distribution, manufacturing, and retailing of mobile brands and other telecommunication products in India. The company has three production facilities and two mobile handset manufacturing plants.

Rashi Peripherals Ltd

The Market Cap of Rashi Peripherals Ltd is Rs. 2725.61 crores. The stock’s monthly return is 22.37%. Its one-year return is 28.65%. The stock is 12.99% away from its 52-week high.

Incorporated in 1989, Rashi Peripherals Limited is recognized as one of the leading national distribution partners for global technology brands in India for information and communications technology (ICT) products in terms of revenues and distribution network. 

A pan-India distribution network of 51 branches, 50 service centers, and 63 warehouses has been established to cater to the technology requirements of 9,900+ customers in 705 locations across India.

D Link (India) Limited

The Market Cap of D Link (India) Limited is Rs. 2237.69 crore. The stock’s monthly return is 31.29%. Its one-year return is 111.92%. The stock is 8.96% away from its 52-week high.

D-Link (India) Limited is an India-based networking company specializing in designing and developing networking and connectivity products for a wide range of customers, including consumers, small businesses, medium to large-sized enterprises, and service providers. 

The company markets and distributes D-Link branded networking products and is actively engaged in research, development, and sales of local area computer network systems, wireless LANs, and integrated circuit spare parts.  

Creative Newtech Ltd

The Market Cap of Creative Newtech Ltd is Rs. 1028.53 crores. The stock’s monthly return is -4.53%. Its one-year return is 38.98%. The stock is 23.29% away from its 52-week high.

Creative Newtech Limited, an India-based company, operates in the information and communication technology distribution market, with segments including Fast Moving Social Media Goods (FMSG), Fast Moving Consumer Technology (FMCT), Enterprise Business (EB), and Fast-Moving Electronic Goods (FMEG). 

The FMCT segment features popular consumer products like Samsung, iBall, and Viewsonic for personal and organizational needs. The EB segment focuses on high-volume products for enterprises, such as MSi, Printronix, and Philips.  

Top Technology Hardware Stocks with High ROCE – FAQs

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.