Narrative Update • Jun 16
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Indian (NIFTY) Alternative Carriers Industry Analysis
UpdatedJul 26, 2026
DataAggregated Company Financials
Companies2
- 7D-4.4%
- 3M-9.9%
- 1Y-27.7%
- YTDn/a
Over the last 7 days, the Alternative Carriers industry has dropped 4.7%, driven by declines from every company within the industry. However, the industry is down 28% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Indian Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Jul 2026 | ₹91.5b | ₹42.8b | ₹3.5b | 26.4x | 26.5x | 2.1x |
| Wed, 24 Jun 2026 | ₹102.4b | ₹42.8b | ₹3.5b | 29.5x | 29.6x | 2.4x |
| Fri, 22 May 2026 | ₹103.2b | ₹42.8b | ₹3.5b | 29.8x | 29.9x | 2.4x |
| Sun, 19 Apr 2026 | ₹107.8b | ₹39.2b | ₹3.1b | 33.8x | 34.3x | 2.8x |
| Tue, 17 Mar 2026 | ₹89.4b | ₹39.2b | ₹3.1b | 28.1x | 28.5x | 2.3x |
| Thu, 12 Feb 2026 | ₹109.1b | ₹39.2b | ₹3.1b | 34.3x | 34.7x | 2.8x |
| Sat, 10 Jan 2026 | ₹110.4b | ₹37.7b | ₹3.2b | 34.4x | 34.9x | 2.9x |
| Mon, 08 Dec 2025 | ₹107.5b | ₹37.7b | ₹3.2b | 33.5x | 33.9x | 2.8x |
| Wed, 05 Nov 2025 | ₹117.0b | ₹37.7b | ₹3.2b | 36.5x | 36.6x | 3.1x |
| Fri, 03 Oct 2025 | ₹123.3b | ₹36.7b | ₹3.2b | 38.8x | 39x | 3.4x |
| Sun, 31 Aug 2025 | ₹105.5b | ₹36.7b | ₹3.2b | 71.7x | 33.3x | 2.9x |
| Tue, 29 Jul 2025 | ₹121.6b | ₹34.9b | ₹3.0b | 905.1x | 40.6x | 3.5x |
| Thu, 26 Jun 2025 | ₹136.1b | ₹34.9b | ₹3.0b | 810.5x | 45.4x | 3.9x |
| Sat, 24 May 2025 | ₹120.9b | ₹34.8b | ₹3.0b | 40.3x | 40.4x | 3.5x |
| Mon, 21 Apr 2025 | ₹99.5b | ₹30.1b | ₹2.6b | 37.7x | 37.8x | 3.3x |
| Wed, 19 Mar 2025 | ₹90.6b | ₹30.1b | ₹2.6b | 34.3x | 34.4x | 3x |
| Fri, 14 Feb 2025 | ₹103.9b | ₹30.1b | ₹2.6b | 39.3x | 39.4x | 3.5x |
| Sun, 12 Jan 2025 | ₹121.9b | ₹29.1b | ₹2.6b | 46.6x | 46.8x | 4.2x |
| Tue, 10 Dec 2024 | ₹142.0b | ₹29.1b | ₹2.6b | 54.3x | 54.5x | 4.9x |
| Thu, 07 Nov 2024 | ₹134.6b | ₹29.9b | ₹2.6b | 51.5x | 51.7x | 4.5x |
| Sat, 05 Oct 2024 | ₹138.9b | ₹27.4b | ₹2.6b | 54x | 54.3x | 5.1x |
| Mon, 02 Sep 2024 | ₹157.8b | ₹27.4b | ₹2.6b | 61.4x | 61.7x | 5.8x |
| Wed, 31 Jul 2024 | ₹164.2b | ₹26.6b | ₹2.5b | 55.2x | 66.8x | 6.2x |
| Fri, 28 Jun 2024 | ₹148.7b | ₹26.6b | ₹2.5b | 50.2x | 60.5x | 5.6x |
| Sun, 26 May 2024 | ₹137.7b | ₹26.5b | ₹2.5b | 52.9x | 55.9x | 5.2x |
| Tue, 23 Apr 2024 | ₹117.3b | ₹25.3b | ₹2.4b | 47.7x | 47.9x | 4.6x |
| Thu, 21 Mar 2024 | ₹112.5b | ₹25.3b | ₹2.4b | 44.1x | 45.9x | 4.5x |
| Sat, 17 Feb 2024 | ₹121.8b | ₹25.3b | ₹2.4b | 51.9x | 49.7x | 4.8x |
| Mon, 15 Jan 2024 | ₹114.3b | ₹22.3b | ₹2.1b | 52.2x | 53.2x | 5.1x |
| Wed, 13 Dec 2023 | ₹93.1b | ₹22.3b | ₹2.1b | 48.2x | 43.3x | 4.2x |
| Fri, 10 Nov 2023 | ₹79.8b | ₹22.8b | ₹2.2b | 9.5x | 36.6x | 3.5x |
| Sun, 08 Oct 2023 | ₹70.6b | ₹21.1b | ₹2.1b | 8.8x | 34.4x | 3.3x |
| Tue, 05 Sep 2023 | ₹74.6b | ₹21.1b | ₹2.1b | 7.9x | 36.3x | 3.5x |
| Thu, 03 Aug 2023 | ₹54.7b | ₹21.1b | ₹2.0b | 27x | 26.7x | 2.6x |
Price to Earnings Ratio
26.7x
Current Industry PE
- There are only 2 companies in the Indian Alternative Carriers industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Alternative Carriers industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 27% 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 Alternative Carriers compare with similar industries?
| IN Market | -1.36% | |
| Telecom | -0.81% | |
| Telecom Services and Carriers | -3.22% | |
| Alternative Carriers | -4.44% | |
| Integrated Telecom Services | -3.16% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||