Narrative Update • Jun 01
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Indian (NIFTY) Alternative Carriers Industry Analysis
UpdatedJun 10, 2026
DataAggregated Company Financials
Companies2
- 7D-1.3%
- 3M10.0%
- 1Y-30.5%
- YTDn/a
Over the last 7 days, the Alternative Carriers industry has dropped 2.5%, driven by pullbacks from every company within the industry. However, the industry is down 34% 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 |
|---|---|---|---|---|---|---|
| Wed, 10 Jun 2026 | ₹100.3b | ₹42.8b | ₹3.5b | 28.9x | 29x | 2.3x |
| Fri, 08 May 2026 | ₹110.3b | ₹43.3b | ₹3.4b | 31.8x | 32.2x | 2.5x |
| Sun, 05 Apr 2026 | ₹84.7b | ₹39.2b | ₹3.1b | 26.6x | 27x | 2.2x |
| Tue, 03 Mar 2026 | ₹100.8b | ₹39.2b | ₹3.1b | 31.7x | 32.1x | 2.6x |
| Thu, 29 Jan 2026 | ₹111.5b | ₹37.7b | ₹3.2b | 34.7x | 35.2x | 3x |
| Sat, 27 Dec 2025 | ₹121.6b | ₹37.7b | ₹3.2b | 37.9x | 38.4x | 3.2x |
| Mon, 24 Nov 2025 | ₹110.0b | ₹37.7b | ₹3.2b | 34.3x | 34.7x | 2.9x |
| Wed, 22 Oct 2025 | ₹119.1b | ₹36.7b | ₹3.2b | 37.5x | 37.7x | 3.2x |
| Fri, 19 Sep 2025 | ₹127.7b | ₹36.7b | ₹3.2b | 40.2x | 40.3x | 3.5x |
| Sun, 17 Aug 2025 | ₹111.5b | ₹36.7b | ₹3.2b | 68.6x | 35.2x | 3x |
| Tue, 15 Jul 2025 | ₹131.7b | ₹34.9b | ₹3.0b | 1008.7x | 44x | 3.8x |
| Thu, 12 Jun 2025 | ₹146.7b | ₹34.9b | ₹3.0b | 802.7x | 49x | 4.2x |
| Sat, 10 May 2025 | ₹99.1b | ₹34.8b | ₹3.0b | 33x | 33.1x | 2.8x |
| Mon, 07 Apr 2025 | ₹95.6b | ₹30.1b | ₹2.6b | 36.2x | 36.3x | 3.2x |
| Wed, 05 Mar 2025 | ₹90.4b | ₹30.1b | ₹2.6b | 34.2x | 34.3x | 3x |
| Fri, 31 Jan 2025 | ₹123.4b | ₹30.1b | ₹2.6b | 46.7x | 46.8x | 4.1x |
| Sun, 29 Dec 2024 | ₹128.2b | ₹29.1b | ₹2.6b | 49x | 49.2x | 4.4x |
| Tue, 26 Nov 2024 | ₹127.5b | ₹29.1b | ₹2.6b | 48.8x | 48.9x | 4.4x |
| Thu, 24 Oct 2024 | ₹127.6b | ₹27.4b | ₹2.6b | 49.6x | 49.9x | 4.7x |
| Sat, 21 Sep 2024 | ₹153.5b | ₹27.4b | ₹2.6b | 59.8x | 60x | 5.6x |
| Mon, 19 Aug 2024 | ₹152.8b | ₹27.5b | ₹2.6b | 55.8x | 59.7x | 5.6x |
| Wed, 17 Jul 2024 | ₹179.0b | ₹26.6b | ₹2.5b | 56.5x | 72.8x | 6.7x |
| Fri, 14 Jun 2024 | ₹136.6b | ₹26.6b | ₹2.5b | 42.2x | 55.6x | 5.1x |
| Sun, 12 May 2024 | ₹116.3b | ₹26.5b | ₹2.5b | 49.6x | 47.2x | 4.4x |
| Tue, 09 Apr 2024 | ₹126.0b | ₹25.3b | ₹2.4b | 47.3x | 51.5x | 5x |
| Thu, 07 Mar 2024 | ₹134.5b | ₹25.3b | ₹2.4b | 52.8x | 54.9x | 5.3x |
| Sat, 03 Feb 2024 | ₹134.7b | ₹24.5b | ₹2.5b | 54.7x | 54.9x | 5.5x |
| Mon, 01 Jan 2024 | ₹108.7b | ₹22.3b | ₹2.1b | 51.2x | 50.6x | 4.9x |
| Wed, 29 Nov 2023 | ₹93.7b | ₹22.3b | ₹2.1b | 47.1x | 43.6x | 4.2x |
| Fri, 27 Oct 2023 | ₹70.2b | ₹21.1b | ₹2.1b | 8.4x | 34.2x | 3.3x |
| Sun, 24 Sep 2023 | ₹71.3b | ₹21.1b | ₹2.1b | 10.4x | 34.7x | 3.4x |
| Tue, 22 Aug 2023 | ₹54.5b | ₹21.1b | ₹2.1b | 9.2x | 26.5x | 2.6x |
| Thu, 20 Jul 2023 | ₹45.3b | ₹20.2b | ₹1.9b | 23.7x | 23.6x | 2.2x |
| Sat, 17 Jun 2023 | ₹41.4b | ₹20.2b | ₹1.9b | 21.7x | 21.5x | 2.1x |
Price to Earnings Ratio
21.5x
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 22% per year over the last three years.
- Revenues for these companies have grown 29% 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 | -0.68% | |
| Telecom | -0.90% | |
| Telecom Services and Carriers | -1.26% | |
| Alternative Carriers | -1.29% | |
| Integrated Telecom Services | -1.26% | |
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 | |||||