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Best Telecommunication stocks in India (September 2026)

The best telecommunication companies listed in India by business quality, with our fair-value verdict on each. Screened from the whole market, not a hand-picked list.

#CompanyQualityDiscountOur call
1Railtel Corporation of India LtdRAILTEL · Telecommunication71-106%Watch
2Route Mobile LtdROUTE · Telecommunication68+59%Pass
3Bondada Engineering Ltd543971.BO · Telecommunication65-124%Avoid
4ADC India Communications Ltd523411.BO · Telecommunication62-168%Watch
5Indus Towers LtdINDUSTOWER · Telecommunication61+37%Avoid
6Suyog Telematics LtdSUYOG · Telecommunication57+14%Avoid
7Tata Communications LtdTATACOMM · Telecommunication56-530%Watch
8Valiant Communications Ltd526775.BO · Telecommunication49-2348%Avoid
9Bharti Airtel LtdBHARTIARTL · Telecommunication48-142%Pass
10HFCL LtdHFCL · Telecommunication43-1197%Pass
11Bharti Hexacom LtdBHARTIHEXA · Telecommunication43-217%Avoid
12Optiemus Infracom LtdOPTIEMUS · Telecommunication34-510%Pass
13Pace Digitek LtdPACEDIGITK · Telecommunication33-109%Avoid
14Birla Cable LtdBIRLACABLE · Telecommunication28-545%Pass
15ITI LtdITI · Telecommunication14Avoid
16Vodafone Idea LtdIDEA · Telecommunication11Avoid
17Tata Teleservices (Maharashtra) LtdTTML · Telecommunication9Avoid
18STL Networks LtdSTLNETWORK · Telecommunication8Avoid
19Tejas Networks LtdTEJASNET · Telecommunication6Avoid
20GTL Infrastructure LtdGTLINFRA · Telecommunication0+39%Avoid
21Mahanagar Telephone Nigam LtdMTNL · Telecommunication0Avoid
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Quality score is a 0–100 rating of business quality; discount is versus our estimate of fair value. RichFakir is a free educational research tool, not investment advice — figures are estimates from public filings and may contain errors. Do your own research.