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Feb 25
Indian (NIFTY) Clinical Research and Equipment Industry Analysis
UpdatedApr 15, 2024
DataAggregated Company Financials
Companies14
- 7D1.1%
- 3M-1.9%
- 1Y20.7%
- YTDn/a
Over the last 7 days, the Clinical Research and Equipment industry has risen 1.1%, driven by gains in Divi's Laboratories and Syngene International of 0.8% and 2.7%, respectively. This takes the industry's 12 month performance to a gain of 21%. Looking forward, earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Indian Clinical Research and Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 15 Apr 2024 | ₹1.4t | ₹168.5b | ₹18.6b | 29.5x | 77.5x | 8.6x |
| Wed, 13 Mar 2024 | ₹1.4t | ₹168.5b | ₹18.6b | 30x | 73.2x | 8.1x |
| Fri, 09 Feb 2024 | ₹1.4t | ₹166.6b | ₹19.0b | 33.2x | 74.5x | 8.5x |
| Sun, 07 Jan 2024 | ₹1.5t | ₹155.9b | ₹18.1b | 23.8x | 80.8x | 9.4x |
| Tue, 05 Dec 2023 | ₹1.4t | ₹155.9b | ₹18.1b | 22.4x | 77.3x | 9x |
| Thu, 02 Nov 2023 | ₹1.2t | ₹156.0b | ₹19.8b | 23.5x | 63.1x | 8x |
| Sat, 30 Sep 2023 | ₹1.4t | ₹154.7b | ₹19.7b | 26.4x | 71.8x | 9.1x |
| Mon, 28 Aug 2023 | ₹1.4t | ₹154.7b | ₹19.7b | 27.6x | 69.2x | 8.8x |
| Wed, 26 Jul 2023 | ₹1.4t | ₹156.5b | ₹23.0b | 30.1x | 60.2x | 8.9x |
| Fri, 23 Jun 2023 | ₹1.3t | ₹157.2b | ₹23.0b | 28.8x | 57.2x | 8.4x |
| Sun, 21 May 2023 | ₹1.2t | ₹160.8b | ₹22.9b | 32.9x | 51.6x | 7.3x |
| Tue, 18 Apr 2023 | ₹1.2t | ₹159.5b | ₹28.4b | 33.4x | 40.9x | 7.3x |
| Thu, 16 Mar 2023 | ₹1.0t | ₹159.5b | ₹28.4b | 30.7x | 36.9x | 6.6x |
| Sat, 11 Feb 2023 | ₹1.1t | ₹158.9b | ₹28.3b | 34.2x | 37.2x | 6.6x |
| Mon, 09 Jan 2023 | ₹1.2t | ₹164.9b | ₹34.5b | 30.5x | 35.8x | 7.5x |
| Wed, 07 Dec 2022 | ₹1.2t | ₹164.9b | ₹34.5b | 34x | 35.3x | 7.4x |
| Fri, 04 Nov 2022 | ₹1.3t | ₹164.1b | ₹36.1b | 37.5x | 37.3x | 8.2x |
| Sun, 02 Oct 2022 | ₹1.3t | ₹162.5b | ₹35.7b | 36.2x | 36.2x | 8x |
| Tue, 30 Aug 2022 | ₹1.3t | ₹162.6b | ₹35.8b | 37x | 35.8x | 7.9x |
| Thu, 28 Jul 2022 | ₹1.3t | ₹159.0b | ₹34.4b | 34x | 38.4x | 8.3x |
| Sat, 25 Jun 2022 | ₹1.3t | ₹158.3b | ₹34.2b | 33x | 37.6x | 8.1x |
| Mon, 23 May 2022 | ₹1.4t | ₹149.9b | ₹30.3b | 34.9x | 47.9x | 9.7x |
| Wed, 20 Apr 2022 | ₹1.5t | ₹148.3b | ₹29.4b | 37.3x | 51.7x | 10.2x |
| Fri, 18 Mar 2022 | ₹1.5t | ₹148.3b | ₹29.4b | 35.5x | 52.3x | 10.4x |
| Sun, 13 Feb 2022 | ₹1.5t | ₹139.8b | ₹25.1b | 37.6x | 59.1x | 10.6x |
| Tue, 11 Jan 2022 | ₹1.6t | ₹137.8b | ₹24.6b | 35.9x | 63.1x | 11.3x |
| Thu, 09 Dec 2021 | ₹1.6t | ₹137.8b | ₹24.6b | 31.6x | 64.1x | 11.4x |
| Sat, 06 Nov 2021 | ₹1.7t | ₹132.3b | ₹22.7b | 23.8x | 74.2x | 12.7x |
| Mon, 04 Oct 2021 | ₹1.6t | ₹131.1b | ₹22.9b | 22.7x | 70x | 12.3x |
| Wed, 01 Sep 2021 | ₹1.7t | ₹131.4b | ₹22.9b | 25.2x | 74.4x | 13x |
| Thu, 08 Jul 2021 | ₹1.5t | ₹127.1b | ₹22.6b | 36.9x | 65.2x | 11.6x |
Price to Earnings Ratio
63.4x
Current Industry PE
- Investors are optimistic on the Indian Life Sciences Tools and Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 77.5x which is higher than its 3-year average PE of 56.1x.
- The industry is trading close to its 3-year average PS ratio of 9.2x.
Past Earnings Growth
- The earnings for companies in the Life Sciences Tools and Services industry have declined 4.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Clinical Research and Equipment compare with similar industries?
| IN Market | -0.034% | |
| Healthcare | -1.04% | |
| Life Sciences | 1.11% | |
| Clinical Research and Equipment | 1.11% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| INNOVACAP Innova Captab | ₹485.75 | 3.9% +₹1.1b | n/a | PE33.5x | |
| TARSONS Tarsons Products | ₹453.00 | 3.4% +₹790.0m | -17.4% | PE44.1x | |
| 511509 Vivo Bio Tech | ₹45.44 | 4.0% +₹26.2m | 85.9% | PE17.6x | |
| 538837 Jeevan Scientific Technology | ₹51.83 | 2.3% +₹18.4m | 2.1% | PS2.2x | |
| 539267 Samsrita Labs | ₹15.61 | 0.4% +₹888.5k | -21.6% | PS1065.3x |