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Indian (NIFTY) Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 13, 2024
DataAggregated Company Financials
Companies7
  • 7D-6.3%
  • 3M50.6%
  • 1Y4.2%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 3.1%, driven by Netweb Technologies India declining 6.4%. On the other hand Panache Digilife is actually up 11%. This takes the industry's 12 month performance to a gain of 5.3%. As for the next few years, earnings are expected to grow by 35% per annum.

Industry Valuation and Performance

Has the Indian Tech Hardware Storage and Peripherals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
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Current Industry PE
  • Investors are optimistic on the Indian Technology Hardware, Storage and Peripherals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 169x which is higher than its 3-year average PE of 105x.
  • The 3-year average PS ratio of 3.7x is lower than the industry's current PS ratio of 8.8x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 102% per year over the last three years.
  • Revenues for these companies have grown 51% 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 Tech Hardware Storage and Peripherals compare with similar industries?

IN Market0.48%
Tech3.27%
Tech Hardware-6.30%
Tech Hardware Storage and Peripherals-6.30%
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
PANACHE Panache Digilife₹145.0010.7%
+₹167.9m
92.9%PS1.8x
517044 International Data Management₹26.0513.2%
+₹6.7m
86.1%PE-32.8x
517399 VXL Instruments₹5.100.8%
+₹533.0k
-24.1%PS0.9x
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