
5 Under the Radar Telecom Service Stocks in India
Telecom Service sector. Hathway Cable and Datacom Ltd PE — | ROE -2.00%. GTPL Hathway Ltd PE 20.00 | MCap Rs 2,800 Cr.
Updated: 24 Aug 2026 • 10:39 am
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Five under the radar telecom service stocks in India include Hathway Cable and Datacom Ltd (MCap Rs 3,500 Cr, PE –), GTPL Hathway Ltd (PE 20.00, ROE 16.00%), Dish TV India Ltd, Siti Networks Ltd and NxtDigital Ltd. These under the radar telecom service stocks in India offer distinct risk-reward profiles. Verify all figures at nseindia.com before investing.
These five under the radar telecom service stocks in India represent companies that are often overlooked by mainstream investors but carry strong underlying business models. Whether you are seeking low-PE value plays or high-ROE compounders, under the radar telecom service stocks in India deserve a closer look for your watchlist. Monitor the Nifty IT index alongside individual stock metrics for a sector-level view.
All financial data in this article is sourced from publicly available exchange disclosures and company reports. Verify every figure at nseindia.com or bseindia.com before investing in under the radar telecom service stocks in India or any other security.
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What Are Telecom Service Stocks in India?
Under the radar telecom service stocks in India are shares of cable TV, DTH and internet service provider companies that distribute broadband and video content across India. These distribution-layer businesses often trade at low valuations due to sector disruption concerns from OTT streaming, but continue to serve hundreds of millions of non-OTT-subscribed households.
Why These Telecom Service Stocks Are Under the Radar
Many of the five under the radar telecom service stocks in India covered in this article operate in niche sub-segments, have relatively low analyst coverage or trade in market cap ranges below the threshold of large institutional mandates. This reduced visibility can create information gaps that patient investors may find useful when evaluating fundamentals independently.
- Lower analyst coverage: Fewer broking house reports mean pricing may not fully reflect business quality of under the radar telecom service stocks in India.
- Niche product positioning: Several under the radar telecom service stocks in India serve narrow but defensible markets with limited direct competition.
- Low PE or low PB relative to sector: Some under the radar telecom service stocks in India trade below sector average multiples despite solid ROE and dividend track records.
Budget 2026-27 Impact on Telecom Service Stocks
The Union Budget 2026-27 shaped the environment for under the radar telecom service stocks in India through these sector-relevant provisions:
- Government's broadband for all initiative drives ISP subscriber growth in rural areas.
- TRAI's interconnect regulations affect revenue distribution between cable operators and broadcasters.
- OTT integration by cable companies (distributing Disney Plus Hotstar, SonyLIV via set-top boxes) creates retention strategies.
- Consolidation in the cable industry reduces competitive fragmentation and improves ARPU for surviving operators.
- Broadband business cross-sell from cable subscriber base reduces customer acquisition costs for ISP services.
5 Under the Radar Telecom Service Stocks in India: Key Financial Data
| Company | CMP (Rs) | MCap (Rs Cr) | PE | PB | ROE | EPS TTM | Div Yield |
|---|---|---|---|---|---|---|---|
| Hathway Cable and Datacom Ltd (NSE: HATHWAY) | Rs N/A | 3,500 | – | 2.50 | -2.00% | -0.30 | 0.00% |
| GTPL Hathway Ltd (NSE: GTPL) | Rs 360.0 | 2,800 | 20.00 | 3.50 | 16.00% | 18.00 | 0.80% |
| Dish TV India Ltd (NSE: DISHTV) | Rs N/A | 3,200 | – | 1.50 | -3.00% | -0.25 | 0.00% |
| Siti Networks Ltd (NSE: SITI) | Rs N/A | 900 | – | 1.20 | -4.00% | -0.20 | 0.00% |
| NxtDigital Ltd (NSE: NXTDIGITAL) | Rs 770.0 | 1,100 | 22.00 | 2.80 | 11.00% | 35.00 | 0.50% |
Estimated data from publicly available sources. Verify at nseindia.com before investing.
1. Hathway Cable and Datacom Ltd (NSE: HATHWAY)
Hathway Cable and Datacom Ltd, founded in 1959 and headquartered in Mumbai, is one of five under the radar telecom service stocks in India covered in this article. It trades at Rs N/A with MCap Rs 3,500 Cr, PE — (industry avg 20.00), ROE -2.00%, EPS (TTM) Rs -0.30, book value Rs 12.00 and dividend yield 0.00%. Debt-to-equity ratio stands at 1.80.
All figures should be verified at nseindia.com or bseindia.com before making any investment decision in this or any other stock.
2. GTPL Hathway Ltd (NSE: GTPL)
GTPL Hathway Ltd, founded in 2006 and headquartered in Ahmedabad, is one of five under the radar telecom service stocks in India covered in this article. It trades at Rs 360.0 with MCap Rs 2,800 Cr, PE 20.00 (industry avg 20.00), ROE 16.00%, EPS (TTM) Rs 18.00, book value Rs 103.00 and dividend yield 0.80%. Debt-to-equity ratio stands at 0.95.
All figures should be verified at nseindia.com or bseindia.com before making any investment decision in this or any other stock.
Screen All Telecom Service Stocks by PE, ROE and Dividend Yield on the Univest Screener
3. Dish TV India Ltd (NSE: DISHTV)
Dish TV India Ltd, founded in 2002 and headquartered in Noida, is one of five under the radar telecom service stocks in India covered in this article. It trades at Rs N/A with MCap Rs 3,200 Cr, PE — (industry avg 20.00), ROE -3.00%, EPS (TTM) Rs -0.25, book value Rs 8.00 and dividend yield 0.00%. Debt-to-equity ratio stands at 3.50.
All figures should be verified at nseindia.com or bseindia.com before making any investment decision in this or any other stock.
4. Siti Networks Ltd (NSE: SITI)
Siti Networks Ltd, founded in 2006 and headquartered in New Delhi, is one of five under the radar telecom service stocks in India covered in this article. It trades at Rs N/A with MCap Rs 900 Cr, PE — (industry avg 20.00), ROE -4.00%, EPS (TTM) Rs -0.20, book value Rs 4.50 and dividend yield 0.00%. Debt-to-equity ratio stands at 2.80.
All figures should be verified at nseindia.com or bseindia.com before making any investment decision in this or any other stock.
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5. NxtDigital Ltd (NSE: NXTDIGITAL)
NxtDigital Ltd, founded in 2005 and headquartered in Mumbai, is one of five under the radar telecom service stocks in India covered in this article. It trades at Rs 770.0 with MCap Rs 1,100 Cr, PE 22.00 (industry avg 20.00), ROE 11.00%, EPS (TTM) Rs 35.00, book value Rs 315.00 and dividend yield 0.50%. Debt-to-equity ratio stands at 0.80.
All figures should be verified at nseindia.com or bseindia.com before making any investment decision in this or any other stock.
How to Evaluate Telecom Service Stocks in India
- Check PE ratio versus the sector average for under the radar telecom service stocks in India; a PE discount may indicate value if earnings are stable
- Target ROE above 12% consistently over 3 years to confirm management quality in under the radar telecom service stocks in India
- Verify debt-to-equity is manageable; for most under the radar telecom service stocks in India a D/E below 1 is preferred
- Review dividend yield track record as a signal of free cash flow discipline
- Cross-check the latest quarterly results to ensure the fundamentals of under the radar telecom service stocks in India are improving, not deteriorating
Risks of Investing in Telecom Service Stocks
- Liquidity risk: Some under the radar telecom service stocks in India have lower trading volumes which can lead to wider bid-ask spreads and price impact on entry or exit.
- Sector cyclicality: Telecom Service sector earnings can swing significantly with raw material costs, demand cycles or policy changes.
- Information gap: Lower analyst coverage for under the radar telecom service stocks in India means investors must rely more on primary research and company filings.
- Concentration risk: Several under the radar telecom service stocks in India have significant revenue concentration in a single product, customer or geography.
- Promoter holding risk: High promoter ownership in some under the radar telecom service stocks in India can mean limited free float and potential governance concerns.
Conclusion
Hathway Cable and Datacom Ltd, GTPL Hathway Ltd, Dish TV India Ltd, Siti Networks Ltd and NxtDigital Ltd are five under the radar telecom service stocks in India offering varied exposure to the telecom service sector. Each carries a distinct risk profile and operates in a different sub-segment. Hathway Cable and Datacom Ltd trades at Rs N/A with PE –; GTPL Hathway Ltd at PE 20.00 and ROE 16.00%. This article is for educational purposes only. Consult a SEBI-registered financial advisor before investing in under the radar telecom service stocks in India or any other security.
Disclaimer: Data and figures in this article are sourced from publicly available information and may or may not be accurate. Verify all data at nseindia.com or bseindia.com before investing. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What does Hathway Cable do?
Ans. Hathway Cable and Datacom provides cable TV and broadband internet services across major Indian cities. It is a subsidiary of Reliance Industries and has been expanding its high-speed broadband subscriber base.
What does GTPL Hathway provide?
Ans. GTPL Hathway is a cable TV and broadband operator with strong presence in Gujarat and selected markets. It provides digital cable TV services and internet through its cable infrastructure.
What does Dish TV India do?
Ans. Dish TV India operates a DTH (direct-to-home satellite TV) service with a large subscriber base across India. It has faced subscriber attrition from OTT competition and financial challenges but remains one of India's largest DTH operators.
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