Over the last 7 days, the IT industry has risen 2.5%, driven by gains from Tata Consultancy Services of 2.5%. During this same period, the Happiest Minds Technologies underperformed, falling 9.8%. In the last 12 months, the industry was up 21%. Looking forward, earnings are forecast to grow by 9.9% annually.
Has the Indian IT Industry valuation changed over the past few years?
Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
---|---|---|---|---|---|---|
Sun, 30 Jun 2024 | ₹33.5t | ₹7.7t | ₹1.1t | 35.2x | 29.3x | 4.3x |
Tue, 28 May 2024 | ₹31.8t | ₹7.7t | ₹1.1t | 36.2x | 28x | 4.1x |
Thu, 25 Apr 2024 | ₹31.7t | ₹7.7t | ₹1.1t | 38.1x | 27.9x | 4.1x |
Sat, 23 Mar 2024 | ₹32.9t | ₹7.7t | ₹1.1t | 34x | 29.6x | 4.3x |
Mon, 19 Feb 2024 | ₹35.6t | ₹7.7t | ₹1.1t | 38.7x | 32.1x | 4.6x |
Wed, 17 Jan 2024 | ₹34.5t | ₹7.8t | ₹1.1t | 44.6x | 30.3x | 4.4x |
Fri, 15 Dec 2023 | ₹32.3t | ₹7.8t | ₹1.1t | 42.8x | 28.3x | 4.1x |
Sun, 12 Nov 2023 | ₹28.8t | ₹7.7t | ₹1.1t | 38.4x | 25.4x | 3.7x |
Tue, 10 Oct 2023 | ₹30.3t | ₹7.6t | ₹1.1t | 37.5x | 26.9x | 4x |
Thu, 07 Sep 2023 | ₹29.8t | ₹7.6t | ₹1.1t | 36.6x | 26.5x | 3.9x |
Sat, 05 Aug 2023 | ₹28.6t | ₹7.6t | ₹1.1t | 36.9x | 25.5x | 3.8x |
Mon, 03 Jul 2023 | ₹27.9t | ₹7.4t | ₹1.1t | 33.6x | 25.4x | 3.8x |
Wed, 31 May 2023 | ₹27.8t | ₹7.4t | ₹1.1t | 25.1x | 25.1x | 3.7x |
Fri, 28 Apr 2023 | ₹26.2t | ₹7.2t | ₹1.1t | 25.1x | 24x | 3.6x |
Sun, 26 Mar 2023 | ₹26.4t | ₹7.1t | ₹1.1t | 23.8x | 24.5x | 3.7x |
Tue, 21 Feb 2023 | ₹30.2t | ₹7.4t | ₹1.1t | 26x | 28.1x | 4.1x |
Thu, 19 Jan 2023 | ₹29.2t | ₹7.3t | ₹1.1t | 26.5x | 27.6x | 4x |
Sat, 17 Dec 2022 | ₹28.3t | ₹7.1t | ₹1.0t | 26.1x | 27x | 4x |
Mon, 14 Nov 2022 | ₹28.7t | ₹7.1t | ₹1.0t | 23.3x | 27.7x | 4.1x |
Wed, 12 Oct 2022 | ₹26.7t | ₹6.9t | ₹1.0t | 24x | 25.5x | 3.8x |
Fri, 09 Sep 2022 | ₹27.3t | ₹6.8t | ₹1.0t | 25.2x | 26.7x | 4x |
Sun, 07 Aug 2022 | ₹29.1t | ₹6.7t | ₹1.0t | 28.3x | 28.4x | 4.3x |
Tue, 05 Jul 2022 | ₹27.4t | ₹6.4t | ₹1.0t | 26.5x | 26.9x | 4.3x |
Thu, 02 Jun 2022 | ₹28.5t | ₹6.4t | ₹1.0t | 27.5x | 28.2x | 4.5x |
Sat, 30 Apr 2022 | ₹30.4t | ₹6.3t | ₹1.0t | 30.4x | 30.3x | 4.8x |
Mon, 28 Mar 2022 | ₹34.0t | ₹6.1t | ₹978.4b | 32.2x | 34.7x | 5.6x |
Wed, 23 Feb 2022 | ₹32.9t | ₹6.1t | ₹970.3b | 29.2x | 33.9x | 5.4x |
Fri, 21 Jan 2022 | ₹34.8t | ₹6.0t | ₹967.9b | 33.9x | 36x | 5.8x |
Sun, 19 Dec 2021 | ₹34.6t | ₹5.8t | ₹964.0b | 30.4x | 35.9x | 6x |
Tue, 16 Nov 2021 | ₹34.0t | ₹5.7t | ₹973.3b | 27.2x | 34.9x | 5.9x |
Thu, 14 Oct 2021 | ₹33.3t | ₹5.6t | ₹957.9b | 34x | 34.7x | 6x |
Sat, 11 Sep 2021 | ₹33.3t | ₹5.5t | ₹930.6b | 31.1x | 35.7x | 6.1x |
Mon, 09 Aug 2021 | ₹30.2t | ₹5.5t | ₹937.0b | 25.1x | 32.3x | 5.5x |
30.8x
Which industries have driven the changes within the Indian Tech industry?
IN Market | 1.06% | |
Tech | 2.26% | |
IT | 2.46% | |
IT Consulting | 2.47% | |
Data Processing Services | 0.15% | |
Internet Services and Infrastructure | -3.50% |
Which companies have driven the market over the last 7 days?
Company | Last Price | 7D | 1Y | Valuation | |
---|---|---|---|---|---|
TCS Tata Consultancy Services | ₹3.90k | 2.5% +₹337.9b | 18.2% | PE30.8x | |
INFY Infosys | ₹1.57k | 2.2% +₹141.0b | 17.3% | PE24.6x | |
507685 Wipro | ₹514.90 | 5.0% +₹127.2b | 32.3% | PE24.4x | |
LTIM LTIMindtree | ₹5.39k | 5.1% +₹76.9b | 3.6% | PE34.8x | |
PERSISTENT Persistent Systems | ₹4.24k | 7.5% +₹43.6b | 69.3% | PE57x |