The Price Is Right For Newjaisa Technologies Limited (NSE:NEWJAISA) Even After Diving 25%
Sep 19
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Indian (NIFTY) Technology Distributors Industry Analysis
UpdatedOct 09, 2024
DataAggregated Company Financials
Companies31
- 7D-4.0%
- 3M-1.5%
- 1Y40.7%
- YTDn/a
Over the last 7 days, the Technology Distributors industry has dropped 6.3%, driven by a pullback from Optiemus Infracom of 12%. In the past year, the industry has gained 39%. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Indian Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 09 Oct 2024 | ₹275.4b | ₹1.1t | ₹15.3b | 23.6x | 18x | 0.3x |
| Fri, 06 Sep 2024 | ₹284.1b | ₹1.1t | ₹14.1b | 26.1x | 20.1x | 0.3x |
| Sun, 04 Aug 2024 | ₹275.2b | ₹1.1t | ₹13.9b | 29x | 19.8x | 0.3x |
| Tue, 02 Jul 2024 | ₹263.6b | ₹1.1t | ₹13.9b | 25.6x | 18.9x | 0.2x |
| Thu, 30 May 2024 | ₹234.8b | ₹1.1t | ₹13.7b | 36.5x | 17.2x | 0.2x |
| Sat, 27 Apr 2024 | ₹254.4b | ₹1.1t | ₹13.3b | 31.3x | 19.1x | 0.2x |
| Mon, 25 Mar 2024 | ₹236.7b | ₹1.1t | ₹13.3b | 24.6x | 17.8x | 0.2x |
| Wed, 21 Feb 2024 | ₹249.1b | ₹1.1t | ₹13.3b | 30.5x | 18.7x | 0.2x |
| Fri, 19 Jan 2024 | ₹197.1b | ₹945.7b | ₹12.5b | 55x | 15.7x | 0.2x |
| Sun, 17 Dec 2023 | ₹197.5b | ₹945.5b | ₹12.6b | 53.6x | 15.7x | 0.2x |
| Tue, 14 Nov 2023 | ₹183.0b | ₹962.5b | ₹12.8b | 56.4x | 14.3x | 0.2x |
| Thu, 12 Oct 2023 | ₹179.1b | ₹929.2b | ₹13.8b | 39.1x | 13x | 0.2x |
| Sat, 09 Sep 2023 | ₹187.8b | ₹928.8b | ₹13.7b | 51.2x | 13.7x | 0.2x |
| Mon, 07 Aug 2023 | ₹175.9b | ₹923.5b | ₹13.7b | 47.7x | 12.8x | 0.2x |
| Wed, 05 Jul 2023 | ₹195.3b | ₹889.4b | ₹15.8b | 42.6x | 12.3x | 0.2x |
| Fri, 02 Jun 2023 | ₹186.7b | ₹890.7b | ₹15.9b | 39.9x | 11.7x | 0.2x |
| Sun, 30 Apr 2023 | ₹170.9b | ₹840.4b | ₹16.1b | 25.2x | 10.6x | 0.2x |
| Tue, 28 Mar 2023 | ₹170.4b | ₹840.4b | ₹16.1b | 21.5x | 10.6x | 0.2x |
| Thu, 23 Feb 2023 | ₹180.3b | ₹840.3b | ₹16.1b | 22.7x | 11.2x | 0.2x |
| Sat, 21 Jan 2023 | ₹198.9b | ₹785.6b | ₹15.9b | 21.7x | 12.5x | 0.3x |
| Mon, 19 Dec 2022 | ₹205.2b | ₹785.6b | ₹15.9b | 31.1x | 12.9x | 0.3x |
| Wed, 16 Nov 2022 | ₹177.8b | ₹782.3b | ₹15.9b | 34.6x | 11.2x | 0.2x |
| Fri, 14 Oct 2022 | ₹154.5b | ₹742.2b | ₹16.0b | 17.3x | 9.7x | 0.2x |
| Sun, 11 Sep 2022 | ₹168.0b | ₹742.0b | ₹15.9b | 14.7x | 10.5x | 0.2x |
| Tue, 09 Aug 2022 | ₹161.1b | ₹737.5b | ₹15.9b | 23.4x | 10.2x | 0.2x |
| Thu, 07 Jul 2022 | ₹149.2b | ₹701.9b | ₹15.0b | 21x | 10x | 0.2x |
| Sat, 04 Jun 2022 | ₹157.1b | ₹702.2b | ₹14.6b | 25.3x | 10.7x | 0.2x |
| Mon, 02 May 2022 | ₹183.9b | ₹679.3b | ₹12.9b | 38.5x | 14.2x | 0.3x |
| Wed, 30 Mar 2022 | ₹167.9b | ₹678.5b | ₹13.1b | 41.9x | 12.8x | 0.2x |
| Fri, 25 Feb 2022 | ₹161.3b | ₹678.5b | ₹13.1b | 35.6x | 12.3x | 0.2x |
| Sun, 23 Jan 2022 | ₹184.3b | ₹675.7b | ₹11.1b | 66.8x | 16.6x | 0.3x |
| Tue, 21 Dec 2021 | ₹163.9b | ₹675.7b | ₹11.1b | 46.2x | 14.8x | 0.2x |
| Thu, 18 Nov 2021 | ₹170.6b | ₹674.6b | ₹11.0b | 26.4x | 15.5x | 0.3x |
| Sat, 16 Oct 2021 | ₹171.6b | ₹657.0b | ₹9.6b | 21.1x | 17.8x | 0.3x |
Price to Earnings Ratio
17.8x
Current Industry PE
- Investors are optimistic on the Indian Technology Distributors industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.8x which is higher than its 3-year average PE of 14.1x.
- The industry is trading close to its 3-year average PS ratio of 0.23x.
Past Earnings Growth
- The earnings for companies in the Technology Distributors industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 18% 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 Technology Distributors compare with similar industries?
| IN Market | -3.23% | |
| Tech | -0.93% | |
| Electronic Equipment and Components | -3.46% | |
| Technology Distributors | -3.97% | |
| Electronic Components | 1.93% | |
| Electronic Equipment and Instruments | -3.13% | |
| Electronic Manufacturing Services | -4.19% | |
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 | |
|---|---|---|---|---|---|
| RPTECH Rashi Peripherals | ₹392.15 | 2.3% +₹573.3m | n/a | PE17.7x | |
| DCI DC Infotech and Communication | ₹392.20 | 7.9% +₹373.8m | 128.0% | PE40.6x | |
| 532456 Compuage Infocom | ₹3.12 | 20.5% +₹45.5m | -74.6% | n/a | |
| 543461 Safa Systems & Technologies | ₹12.96 | 15.2% +₹42.7m | -14.5% | PE14.4x | |
| 543976 Shradha AI Technologies | ₹74.44 | 2.2% +₹38.8m | 131.7% | n/a |
