In the last week, the IT industry is up 2.5%, with Tata Consultancy Services up 2.5%. During this same period, the Happiest Minds Technologies underperformed, falling 9.8%. This takes the industry's 12 month performance to a gain of 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 |
---|---|---|---|---|---|---|
Sat, 29 Jun 2024 | ₹33.5t | ₹7.7t | ₹1.1t | 35.2x | 29.3x | 4.3x |
Mon, 27 May 2024 | ₹31.7t | ₹7.7t | ₹1.1t | 35.5x | 27.9x | 4.1x |
Wed, 24 Apr 2024 | ₹32.0t | ₹7.7t | ₹1.1t | 37.6x | 28.1x | 4.1x |
Fri, 22 Mar 2024 | ₹33.6t | ₹7.7t | ₹1.1t | 33.4x | 30.3x | 4.4x |
Sun, 18 Feb 2024 | ₹35.6t | ₹7.7t | ₹1.1t | 38.7x | 32.1x | 4.6x |
Tue, 16 Jan 2024 | ₹34.9t | ₹7.8t | ₹1.1t | 44.4x | 30.7x | 4.5x |
Thu, 14 Dec 2023 | ₹31.5t | ₹7.8t | ₹1.1t | 42.3x | 27.6x | 4x |
Sat, 11 Nov 2023 | ₹28.8t | ₹7.7t | ₹1.1t | 38.6x | 25.4x | 3.7x |
Mon, 09 Oct 2023 | ₹30.2t | ₹7.6t | ₹1.1t | 38.3x | 26.9x | 4x |
Wed, 06 Sep 2023 | ₹29.8t | ₹7.6t | ₹1.1t | 37.9x | 26.5x | 3.9x |
Fri, 04 Aug 2023 | ₹28.2t | ₹7.5t | ₹1.1t | 36.3x | 25.1x | 3.7x |
Sun, 02 Jul 2023 | ₹27.9t | ₹7.4t | ₹1.1t | 33.6x | 25.4x | 3.8x |
Tue, 30 May 2023 | ₹27.7t | ₹7.4t | ₹1.1t | 25.5x | 25x | 3.7x |
Thu, 27 Apr 2023 | ₹26.0t | ₹7.2t | ₹1.1t | 24.9x | 23.9x | 3.6x |
Sat, 25 Mar 2023 | ₹26.4t | ₹7.1t | ₹1.1t | 23.8x | 24.5x | 3.7x |
Mon, 20 Feb 2023 | ₹30.2t | ₹7.4t | ₹1.1t | 25.8x | 28.1x | 4.1x |
Wed, 18 Jan 2023 | ₹29.1t | ₹7.3t | ₹1.1t | 26.7x | 27.4x | 4x |
Fri, 16 Dec 2022 | ₹28.7t | ₹7.1t | ₹1.1t | 25.9x | 27.3x | 4x |
Sun, 13 Nov 2022 | ₹28.7t | ₹7.1t | ₹1.0t | 23.7x | 27.7x | 4.1x |
Tue, 11 Oct 2022 | ₹27.2t | ₹6.9t | ₹1.0t | 24.8x | 26.2x | 4x |
Thu, 08 Sep 2022 | ₹27.0t | ₹6.8t | ₹1.0t | 25.9x | 26.3x | 4x |
Sat, 06 Aug 2022 | ₹29.1t | ₹6.7t | ₹1.0t | 28.3x | 28.4x | 4.3x |
Mon, 04 Jul 2022 | ₹27.6t | ₹6.4t | ₹1.0t | 26.7x | 27.1x | 4.3x |
Wed, 01 Jun 2022 | ₹28.8t | ₹6.4t | ₹1.0t | 27.2x | 28.5x | 4.5x |
Fri, 29 Apr 2022 | ₹30.8t | ₹6.3t | ₹1.0t | 30.6x | 30.6x | 4.9x |
Sun, 27 Mar 2022 | ₹34.0t | ₹6.1t | ₹978.4b | 32.2x | 34.7x | 5.6x |
Tue, 22 Feb 2022 | ₹32.9t | ₹6.1t | ₹971.0b | 30.8x | 33.9x | 5.4x |
Thu, 20 Jan 2022 | ₹35.5t | ₹6.0t | ₹968.8b | 33.9x | 36.6x | 5.9x |
Sat, 18 Dec 2021 | ₹34.6t | ₹5.8t | ₹965.0b | 30.4x | 35.8x | 6x |
Mon, 15 Nov 2021 | ₹33.8t | ₹5.7t | ₹973.4b | 27.5x | 34.7x | 5.9x |
Wed, 13 Oct 2021 | ₹33.0t | ₹5.6t | ₹957.8b | 33.1x | 34.4x | 5.9x |
Fri, 10 Sep 2021 | ₹33.3t | ₹5.5t | ₹930.6b | 31.1x | 35.7x | 6.1x |
Sun, 08 Aug 2021 | ₹30.1t | ₹5.5t | ₹937.0b | 24.9x | 32.2x | 5.4x |
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 |