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Indian (NIFTY) Communications Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies16
- 7D-3.8%
- 3M8.6%
- 1Y46.8%
- YTD35.5%
Over the last 7 days, the Communications industry has dropped 3.8%, driven by a decline by Sterlite Technologies of 6.3%. This takes the industry's 12 month performance to a gain of 47%.
Industry Valuation and Performance
Has the Indian Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | ₹325.9b | ₹123.7b | ₹9.5b | 21.4x |
| Tue, 26 Oct 2021 | ₹334.1b | ₹121.9b | ₹8.6b | 26.7x |
| Thu, 23 Sep 2021 | ₹317.3b | ₹118.0b | ₹8.2b | 27.9x |
| Sat, 21 Aug 2021 | ₹292.2b | ₹117.9b | ₹8.2b | 25.6x |
| Sat, 05 Jun 2021 | ₹268.1b | ₹110.4b | ₹6.2b | 29.8x |
| Tue, 09 Mar 2021 | ₹250.7b | ₹98.1b | -₹1,516,912,418.00 | 35.4x |
| Mon, 30 Nov 2020 | ₹218.5b | ₹100.2b | -₹1,384,891,832.00 | 31.5x |
| Thu, 03 Sep 2020 | ₹221.7b | ₹103.0b | ₹332.5m | 26.1x |
| Sun, 07 Jun 2020 | ₹138.8b | ₹110.6b | ₹2.7b | 21.4x |
| Sat, 29 Feb 2020 | ₹133.2b | ₹121.0b | ₹8.9b | 18.1x |
| Tue, 03 Dec 2019 | ₹171.5b | ₹120.8b | ₹9.8b | 14.1x |
| Fri, 06 Sep 2019 | ₹143.0b | ₹120.4b | ₹10.1b | 8.8x |
| Mon, 10 Jun 2019 | ₹213.8b | ₹117.2b | ₹11.3b | 15.5x |
| Sun, 03 Mar 2019 | ₹237.0b | ₹102.2b | ₹10.5b | 14.6x |
| Wed, 05 Dec 2018 | ₹296.6b | ₹93.8b | ₹10.2b | 18.1x |
PE Ratio
18.1x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 22.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Communications industry have declined 2.2% per year over the last three years, while revenues for these companies have grown 9.7% 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 Communications industry?
| Communications Equipment | -3.83% | |
Industry PE: Investors are most optimistic about the Communications Equipment industry, which is trading close to its 3-year average PE ratio of 22.0x. However analysts are expecting annual earnings growth of 34%, which is lower than the prior year's growth of 77% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Communications Equipment industry, expecting annual earnings growth of 34% over the next 5 years. However this is lower than its past earnings growth rate of 77% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 540595 Tejas Networks | 4.8%+₹2.5b | 350.8% | PE98x | |
| 532376 MRO-TEK Realty | 4.5%+₹39.2m | 108.6% | PE1.1x | |
| 526775 Valiant Communications | 6.1%+₹27.8m | 54.9% | PE187x |