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Indian (NIFTY) Communications Industry Analysis

UpdatedApr 16, 2024
DataAggregated Company Financials
Companies19
  • 7D-3.4%
  • 3M-18.5%
  • 1Y66.3%
  • YTD-11.0%

Last week, the Communications industry hasn't moved much but Sterlite Technologies is up 4.7% in that time. The past year has been better, since the industry has gained 72% in that time. Looking forward, earnings are forecast to grow by 57% annually.

Industry Valuation and Performance

Has the Indian Communications Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Apr 2024₹598.5b₹164.0b₹1.1b43x521.8x3.6x
Thu, 14 Mar 2024₹520.7b₹164.0b₹1.1b37.5x454.8x3.2x
Sat, 10 Feb 2024₹659.3b₹159.5b₹953.0m36.1x691.8x4.1x
Mon, 08 Jan 2024₹663.2b₹161.2b₹2.2b23.8x307.1x4.1x
Wed, 06 Dec 2023₹617.7b₹161.2b₹2.2b23.2x286x3.8x
Fri, 03 Nov 2023₹599.3b₹157.7b₹2.0b24.4x302.9x3.8x
Sun, 01 Oct 2023₹538.2b₹158.0b₹2.5b24.5x217.8x3.4x
Tue, 29 Aug 2023₹444.9b₹158.0b₹2.4b25.6x181.7x2.8x
Thu, 27 Jul 2023₹409.9b₹152.2b₹2.1b31.3x195x2.7x
Sat, 24 Jun 2023₹390.2b₹150.8b₹2.2b25x173.8x2.6x
Mon, 22 May 2023₹364.8b₹154.7b₹6.2b30x59x2.4x
Wed, 19 Apr 2023₹339.9b₹140.7b₹3.7b31.5x91.8x2.4x
Fri, 17 Mar 2023₹320.2b₹140.5b₹3.7b29.4x87.6x2.3x
Sun, 12 Feb 2023₹335.5b₹138.5b₹3.4b32x98.5x2.4x
Tue, 10 Jan 2023₹343.5b₹127.3b₹1.1b28.9x324x2.7x
Thu, 08 Dec 2022₹364.0b₹127.3b₹1.0b30.4x346.8x2.9x
Sat, 05 Nov 2022₹360.8b₹124.1b₹2.2b31.2x165.5x2.9x
Mon, 03 Oct 2022₹345.5b₹121.5b₹2.0b25x173.5x2.8x
Wed, 31 Aug 2022₹353.7b₹121.5b₹2.0b23.5x177.8x2.9x
Fri, 29 Jul 2022₹303.1b₹122.0b₹3.2b22x93.7x2.5x
Sun, 26 Jun 2022₹280.8b₹119.3b₹4.7b25.9x59.5x2.4x
Tue, 24 May 2022₹276.1b₹122.2b₹3.9b20x71.1x2.3x
Thu, 21 Apr 2022₹316.0b₹120.9b₹6.2b25.4x51.3x2.6x
Sat, 19 Mar 2022₹280.3b₹120.9b₹6.2b21.2x45.5x2.3x
Mon, 14 Feb 2022₹304.5b₹120.7b₹6.1b22.7x49.6x2.5x
Wed, 12 Jan 2022₹342.1b₹123.7b₹9.5b27.6x35.9x2.8x
Fri, 10 Dec 2021₹344.5b₹123.7b₹9.5b24x36.1x2.8x
Sun, 07 Nov 2021₹335.2b₹122.0b₹8.8b27.1x38x2.7x
Tue, 05 Oct 2021₹354.1b₹118.0b₹8.2b27.9x43.1x3x
Thu, 02 Sep 2021₹298.8b₹117.9b₹8.2b26.7x36.5x2.5x
Sat, 31 Jul 2021₹310.9b₹117.9b₹8.2b28.5x38x2.6x
Tue, 04 May 2021₹241.6b₹110.4b₹6.2b30.8x39.2x2.2x
Price to Earnings Ratio

39.2x


Total Market Cap: ₹241.6bTotal Earnings: ₹6.2bTotal Revenue: ₹110.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Communications Industry Price to Earnings3Y Average 163.3x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Communications industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 538x which is higher than its 3-year average PE of 163x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have declined 43% per year over the last three years.
  • Meanwhile revenues for these companies have grown 14% 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 Trends

Which industries have driven the changes within the Indian Tech industry?

IN Market-1.72%
Tech-1.68%
Communications-3.45%
Communications Equipment-3.45%
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?

CompanyLast Price7D1YValuation
532374 Sterlite Technologies₹133.304.7%
+₹14.2b
-17.2%PE61.3x
532493 Astra Microwave Products₹652.352.1%
+₹1.3b
149.5%PE77.2x
MRO-TEK MRO-TEK Realty₹79.454.1%
+₹58.9m
39.3%PE30.5x
517258 Precision Electronics₹134.651.0%
+₹18.0m
354.0%PE817.5x
BIRLACABLE Birla Cable₹252.850.2%
+₹18.0m
93.8%PE22.8x
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Latest News

504112

₹722.80

Nelco

7D

-4.0%

1Y

30.6%

532374

₹133.30

Sterlite Technologies

7D

4.7%

1Y

-17.2%

TEJASNET

₹766.75

Tejas Networks

7D

-4.1%

1Y

18.3%

MRO-TEK

₹79.45

MRO-TEK Realty

7D

4.1%

1Y

39.3%

532493

₹652.35

Astra Microwave Products

7D

2.1%

1Y

149.5%

BIRLACABLE

₹252.85

Birla Cable

7D

0.2%

1Y

93.8%

532406

₹104.47

Avantel

7D

-2.9%

1Y

215.1%

532975

₹19.79

Telogica

7D

3.9%

1Y

264.5%

VINDHYATEL

₹2,463.80

Vindhya Telelinks

7D

-4.0%

1Y

40.7%

AKSHOPTFBR

₹8.95

Aksh Optifibre

7D

-4.8%

1Y

-2.7%

531158

₹21.37

Catvision

7D

1.1%

1Y

56.6%

523610

₹252.60

ITI

7D

-6.5%

1Y

176.9%

523411

₹987.05

ADC India Communications

7D

-2.9%

1Y

33.3%

517258

₹134.65

Precision Electronics

7D

1.0%

1Y

354.0%