Indian Energy Exchange Limited (NSE:IEX) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Sep 24
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Indian (NIFTY) Capital Markets Industry Analysis
UpdatedSep 26, 2024
DataAggregated Company Financials
Companies289
- 7D0.3%
- 3M21.1%
- 1Y90.8%
- YTD47.1%
Over the last 7 days, the Capital Markets industry has risen 2.8%, and JSW Holdings contributed the most with a gain of 18%. During this same period, the Indian Energy Exchange underperformed, falling 11%. In the last 12 months, the industry was up 94%. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Indian Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 26 Sep 2024 | ₹8.2t | ₹1.2t | ₹331.7b | 24.8x | 24.7x | 7x |
| Sat, 24 Aug 2024 | ₹7.6t | ₹1.2t | ₹333.7b | 22.8x | 22.9x | 6.6x |
| Mon, 22 Jul 2024 | ₹6.6t | ₹1.2t | ₹309.8b | 22.9x | 21.4x | 5.7x |
| Wed, 19 Jun 2024 | ₹6.7t | ₹1.2t | ₹303.3b | 22.6x | 22.2x | 5.8x |
| Fri, 17 May 2024 | ₹6.4t | ₹1.2t | ₹311.3b | 23.4x | 20.5x | 5.5x |
| Sun, 14 Apr 2024 | ₹6.3t | ₹1.1t | ₹287.3b | 23.1x | 21.8x | 5.6x |
| Tue, 12 Mar 2024 | ₹6.0t | ₹1.1t | ₹301.7b | 22.4x | 19.9x | 5.5x |
| Thu, 08 Feb 2024 | ₹5.9t | ₹1.0t | ₹265.1b | 25.7x | 22.4x | 5.7x |
| Sat, 06 Jan 2024 | ₹5.5t | ₹1.0t | ₹251.6b | 23.4x | 22x | 5.4x |
| Mon, 04 Dec 2023 | ₹5.1t | ₹1.0t | ₹251.6b | 21.5x | 20.4x | 5x |
| Wed, 01 Nov 2023 | ₹4.6t | ₹1.1t | ₹250.5b | 23.2x | 18.2x | 4.3x |
| Fri, 29 Sep 2023 | ₹4.1t | ₹998.3b | ₹222.0b | 22.9x | 18.5x | 4.1x |
| Sun, 27 Aug 2023 | ₹3.7t | ₹997.8b | ₹221.7b | 20.8x | 16.9x | 3.7x |
| Tue, 25 Jul 2023 | ₹3.6t | ₹1.0t | ₹205.0b | 24.9x | 17.6x | 3.6x |
| Thu, 22 Jun 2023 | ₹3.3t | ₹1.0t | ₹202.8b | 24.4x | 16.2x | 3.3x |
| Sat, 20 May 2023 | ₹3.0t | ₹988.6b | ₹174.3b | 20.7x | 17.3x | 3.1x |
| Mon, 17 Apr 2023 | ₹2.9t | ₹991.0b | ₹159.9b | 19.7x | 18.3x | 3x |
| Wed, 15 Mar 2023 | ₹2.8t | ₹990.8b | ₹161.2b | 19.2x | 17.4x | 2.8x |
| Fri, 10 Feb 2023 | ₹2.9t | ₹1.0t | ₹161.4b | 20.6x | 18.2x | 2.9x |
| Sun, 08 Jan 2023 | ₹3.1t | ₹1.0t | ₹159.6b | 23.3x | 19.2x | 3x |
| Tue, 06 Dec 2022 | ₹3.2t | ₹1.0t | ₹159.6b | 20.8x | 19.8x | 3.1x |
| Thu, 03 Nov 2022 | ₹3.1t | ₹1.0t | ₹160.2b | 20.8x | 19.1x | 3x |
| Sat, 01 Oct 2022 | ₹3.0t | ₹1.0t | ₹158.9b | 20.9x | 18.8x | 3x |
| Mon, 29 Aug 2022 | ₹3.0t | ₹1.0t | ₹163.9b | 21x | 18.2x | 3x |
| Wed, 27 Jul 2022 | ₹2.8t | ₹961.3b | ₹165.7b | 17.9x | 16.8x | 2.9x |
| Fri, 24 Jun 2022 | ₹2.6t | ₹956.6b | ₹164.2b | 17.2x | 16.1x | 2.8x |
| Sun, 22 May 2022 | ₹2.9t | ₹1.0t | ₹163.4b | 16.3x | 17.7x | 2.8x |
| Tue, 19 Apr 2022 | ₹3.4t | ₹1.0t | ₹160.2b | 17.3x | 21x | 3.3x |
| Thu, 17 Mar 2022 | ₹3.2t | ₹1.0t | ₹162.0b | 16.5x | 19.5x | 3.1x |
| Sat, 12 Feb 2022 | ₹3.3t | ₹968.7b | ₹160.2b | 17.5x | 20.4x | 3.4x |
| Mon, 10 Jan 2022 | ₹3.4t | ₹955.7b | ₹155.7b | 19.8x | 22x | 3.6x |
| Wed, 08 Dec 2021 | ₹3.3t | ₹948.9b | ₹154.5b | 15.1x | 21.3x | 3.5x |
| Fri, 05 Nov 2021 | ₹3.4t | ₹850.7b | ₹148.3b | 17.7x | 23.2x | 4x |
| Sun, 03 Oct 2021 | ₹3.3t | ₹816.9b | ₹131.4b | 17.3x | 24.8x | 4x |
Price to Earnings Ratio
24.8x
Current Industry PE
- Investors are optimistic on the Indian Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 25.0x which is higher than its 3-year average PE of 19.7x.
- The 3-year average PS ratio of 4.0x is lower than the industry's current PS ratio of 7.1x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Financials industry?
| IN Market | 1.63% | |
| Financials | 1.21% | |
| Capital Markets | 0.34% | |
| Investment Banking and Brokerage | 1.62% | |
| Asset Management | 1.06% | |
| Diversified Capital Markets | -1.40% | |
| Financial Exchanges and Data | -2.77% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 46.9x.
- Analysts are expecting annual earnings growth of 22.7%, which is higher than its past year's earnings growth of 7.9% per year.
- Investors are most pessimistic about the Diversified Capital Markets industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.8x.
Forecasted Growth
- Analysts are most optimistic on the Financial Exchanges and Data industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings growth rate of 7.9% per year.
- In contrast, the Diversified Capital Markets industry is expected to see its earnings grow by 3.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JSWHL JSW Holdings | ₹9.24k | 18.0% +₹15.6b | 93.9% | PE55.8x | |
| 523405 JM Financial | ₹139.85 | 11.5% +₹13.8b | 61.4% | PE32.2x | |
| NAM-INDIA Nippon Life India Asset Management | ₹688.35 | 2.9% +₹12.4b | 107.6% | PE36.2x | |
| 501301 Tata Investment | ₹6.94k | 2.7% +₹9.3b | 111.9% | PE95.1x | |
| ISEC ICICI Securities | ₹896.75 | 3.2% +₹9.1b | 45.8% | PE14.9x |
