Is Now The Time To Put Gravita India (NSE:GRAVITA) On Your Watchlist?
Jun 01
Indian (NIFTY) Diversified Metals and Mining Industry Analysis
UpdatedJun 01, 2023
DataAggregated Company Financials
Companies17
- 7D-1.9%
- 3M0.05%
- 1Y-5.1%
- YTD-7.9%
Over the last 7 days, the Diversified Metals and Mining industry has dropped 1.9%, driven by Vedanta declining 6.0%. On the other hand Gravita India is actually up 10%. However, the industry is down 5.1% over the past year. Looking forward, earnings are forecast to grow by 5.7% annually.
Industry Valuation and Performance
Has the Indian Diversified Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 02 Jun 2023 | ₹2.4t | ₹1.9t | ₹215.4b | 18.4x | 11.1x | 1.3x |
| Sun, 30 Apr 2023 | ₹2.4t | ₹1.9t | ₹253.8b | 19.1x | 9.6x | 1.3x |
| Tue, 28 Mar 2023 | ₹2.5t | ₹1.9t | ₹257.3b | 17.5x | 9.6x | 1.3x |
| Thu, 23 Feb 2023 | ₹2.5t | ₹1.9t | ₹257.3b | 18.1x | 9.8x | 1.3x |
| Sat, 21 Jan 2023 | ₹2.8t | ₹1.9t | ₹273.7b | 20.3x | 10.2x | 1.5x |
| Mon, 19 Dec 2022 | ₹2.6t | ₹1.9t | ₹279.1b | 19.1x | 9.1x | 1.3x |
| Wed, 16 Nov 2022 | ₹2.6t | ₹1.9t | ₹279.4b | 15x | 9.2x | 1.4x |
| Fri, 14 Oct 2022 | ₹2.4t | ₹1.8t | ₹300.9b | 14.9x | 7.9x | 1.3x |
| Sun, 11 Sep 2022 | ₹2.3t | ₹1.8t | ₹300.9b | 16.8x | 7.5x | 1.3x |
| Tue, 09 Aug 2022 | ₹2.1t | ₹1.8t | ₹301.0b | 13.3x | 7.1x | 1.2x |
| Thu, 07 Jul 2022 | ₹1.9t | ₹1.7t | ₹287.7b | 14.1x | 6.5x | 1.1x |
| Sat, 04 Jun 2022 | ₹2.5t | ₹1.7t | ₹288.0b | 14.9x | 8.6x | 1.5x |
| Mon, 02 May 2022 | ₹2.9t | ₹1.7t | ₹287.7b | 17.8x | 10.2x | 1.8x |
| Wed, 30 Mar 2022 | ₹2.9t | ₹1.5t | ₹289.5b | 19x | 10x | 1.9x |
| Fri, 25 Feb 2022 | ₹2.6t | ₹1.5t | ₹289.2b | 18.4x | 8.8x | 1.7x |
| Sun, 23 Jan 2022 | ₹2.6t | ₹1.4t | ₹275.6b | 23.6x | 9.5x | 1.9x |
| Tue, 21 Dec 2021 | ₹2.5t | ₹1.4t | ₹275.2b | 20.4x | 9.3x | 1.8x |
| Thu, 18 Nov 2021 | ₹2.7t | ₹1.4t | ₹274.7b | 16.2x | 9.8x | 1.9x |
| Sat, 16 Oct 2021 | ₹2.7t | ₹1.3t | ₹235.9b | 18.4x | 11.6x | 2.1x |
| Mon, 13 Sep 2021 | ₹2.6t | ₹1.3t | ₹235.9b | 18x | 11x | 2x |
| Wed, 11 Aug 2021 | ₹2.6t | ₹1.3t | ₹235.9b | 16x | 10.9x | 2x |
| Sun, 06 Jun 2021 | ₹2.4t | ₹1.1t | ₹197.2b | 15.8x | 12.3x | 2.1x |
| Wed, 10 Mar 2021 | ₹2.0t | ₹1.0t | -₹513,349,581.00 | 14.6x | -3983.8x | 2x |
| Tue, 01 Dec 2020 | ₹1.4t | ₹990.5b | -₹8,064,969,626.00 | 10.5x | -177.6x | 1.4x |
| Fri, 04 Sep 2020 | ₹1.4t | ₹986.0b | -₹1,423,385,492.00 | 15x | -1016.3x | 1.5x |
| Mon, 08 Jun 2020 | ₹1.1t | ₹1.1t | ₹5.2b | 7x | 205.8x | 1x |
Price to Earnings Ratio
205.8x
Current Industry PE
- Investors are pessimistic on the Indian Diversified Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.1x which is higher than its 3-year average PE of -387x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Diversified Metals and Mining industry have grown 246% per year over the last three years.
- Revenues for these companies have grown 21% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Diversified Metals and Mining compare with similar industries?
| IN Market | 1.48% | |
| Materials | 1.21% | |
| Metals and Mining | 0.22% | |
| Diversified Metals and Mining | -1.94% | |
| Copper | 10.39% | |
| Steel | 0.79% | |
| Aluminum | 0.62% | |
| Gold | 0.18% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
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 | |
|---|---|---|---|---|---|
| GRAVITA Gravita India | ₹606.75 | 10.2% +₹3.8b | 111.0% | PE20.4x | |
| 500188 Hindustan Zinc | ₹305.75 | 0.2% +₹2.7b | 0.05% | PE12.3x | |
| 532626 Pondy Oxides And Chemicals | ₹402.95 | 11.3% +₹476.6m | 38.2% | PE6.2x | |
| NRL Nupur Recyclers | ₹118.20 | 7.3% +₹366.1m | 16.9% | PE44.3x | |
| 530129 Nile | ₹697.10 | 5.7% +₹113.3m | 57.9% | PE9.3x |