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Indian (NIFTY) Alternative Carriers Industry Analysis
UpdatedDec 16, 2025
DataAggregated Company Financials
Companies2
- 7D6.0%
- 3M-15.3%
- 1Y-24.0%
- YTDn/a
Over the last 7 days, the Alternative Carriers industry has dropped 3.6%, driven by declines from every company within the industry. The industry has fallen 26% in the last year. As for the next few years, earnings are expected to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Tue, 16 Dec 2025 | ₹108.0b | ₹37.7b | ₹3.2b | 33.6x | 34.1x | 2.9x |
| Thu, 13 Nov 2025 | ₹114.9b | ₹37.7b | ₹3.2b | 35.8x | 36x | 3x |
| Sat, 11 Oct 2025 | ₹123.4b | ₹36.7b | ₹3.2b | 38.8x | 39x | 3.4x |
| Mon, 08 Sep 2025 | ₹110.7b | ₹36.7b | ₹3.2b | 34.9x | 34.9x | 3x |
| Wed, 06 Aug 2025 | ₹117.8b | ₹36.7b | ₹3.2b | 815.9x | 37.2x | 3.2x |
| Fri, 04 Jul 2025 | ₹135.3b | ₹34.9b | ₹3.0b | 905.8x | 45.2x | 3.9x |
| Sun, 01 Jun 2025 | ₹128.0b | ₹34.8b | ₹3.0b | 42.7x | 42.8x | 3.7x |
| Tue, 29 Apr 2025 | ₹99.1b | ₹30.1b | ₹2.6b | 37.5x | 37.6x | 3.3x |
| Thu, 27 Mar 2025 | ₹103.9b | ₹30.1b | ₹2.6b | 37.5x | 39.4x | 3.5x |
| Sat, 22 Feb 2025 | ₹98.2b | ₹30.1b | ₹2.6b | 37.2x | 37.3x | 3.3x |
| Mon, 20 Jan 2025 | ₹133.1b | ₹29.1b | ₹2.6b | 51x | 51.1x | 4.6x |
| Wed, 18 Dec 2024 | ₹140.1b | ₹29.1b | ₹2.6b | 53.6x | 53.8x | 4.8x |
| Fri, 15 Nov 2024 | ₹120.7b | ₹29.9b | ₹2.6b | 45.8x | 46.3x | 4x |
| Sun, 13 Oct 2024 | ₹131.2b | ₹27.4b | ₹2.6b | 51x | 51.3x | 4.8x |
| Tue, 10 Sep 2024 | ₹151.0b | ₹27.4b | ₹2.6b | 58.8x | 59x | 5.5x |
| Thu, 08 Aug 2024 | ₹149.3b | ₹27.5b | ₹2.6b | 50.2x | 58.3x | 5.4x |
| Sat, 06 Jul 2024 | ₹167.1b | ₹26.6b | ₹2.5b | 53.2x | 68x | 6.3x |
| Mon, 03 Jun 2024 | ₹133.1b | ₹26.5b | ₹2.5b | 51.9x | 54x | 5x |
| Wed, 01 May 2024 | ₹128.5b | ₹25.3b | ₹2.4b | 48.9x | 52.5x | 5.1x |
| Fri, 29 Mar 2024 | ₹117.0b | ₹25.3b | ₹2.4b | 44.9x | 47.8x | 4.6x |
| Sun, 25 Feb 2024 | ₹131.2b | ₹25.3b | ₹2.4b | 54.1x | 53.6x | 5.2x |
| Tue, 23 Jan 2024 | ₹142.7b | ₹22.3b | ₹2.1b | 58.8x | 66.4x | 6.4x |
| Thu, 21 Dec 2023 | ₹93.0b | ₹22.3b | ₹2.1b | 45.2x | 43.3x | 4.2x |
| Sat, 18 Nov 2023 | ₹87.3b | ₹22.8b | ₹2.2b | 9.9x | 40x | 3.8x |
| Mon, 16 Oct 2023 | ₹73.2b | ₹21.1b | ₹2.1b | 8.9x | 35.6x | 3.5x |
| Wed, 13 Sep 2023 | ₹72.0b | ₹21.1b | ₹2.1b | 8.5x | 35.1x | 3.4x |
| Fri, 11 Aug 2023 | ₹55.4b | ₹21.1b | ₹2.0b | 27.3x | 27.1x | 2.6x |
| Sun, 09 Jul 2023 | ₹43.0b | ₹20.2b | ₹1.9b | 22.6x | 22.4x | 2.1x |
| Tue, 06 Jun 2023 | ₹38.2b | ₹20.2b | ₹1.9b | 20x | 19.9x | 1.9x |
| Thu, 04 May 2023 | ₹39.4b | ₹17.7b | ₹1.7b | 9.5x | 23x | 2.2x |
| Sat, 01 Apr 2023 | ₹32.7b | ₹17.7b | ₹1.7b | 7.2x | 19.1x | 1.9x |
| Mon, 27 Feb 2023 | ₹35.1b | ₹17.7b | ₹1.7b | 7.5x | 20.5x | 2x |
| Wed, 25 Jan 2023 | ₹40.7b | ₹17.2b | ₹2.0b | 14.5x | 20x | 2.4x |
| Fri, 23 Dec 2022 | ₹39.8b | ₹17.2b | ₹2.0b | 13.6x | 19.5x | 2.3x |
Price to Earnings Ratio
19.5x
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 16% per year over the last three years.
- Revenues for these companies have grown 30% 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 | 1.22% | |
| Telecom | -0.12% | |
| Telecom Services and Carriers | 0.93% | |
| Alternative Carriers | 5.96% | |
| Integrated Telecom Services | 0.63% | |
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 | |
|---|---|---|---|---|---|
| RAILTEL RailTel Corporation of India | ₹331.65 | 2.4% +₹2.5b | -23.9% | PE33.2x | |
| VIVO Vivo Collaboration Solutions | ₹78.00 | 3.9% +₹5.8m | 1.6% | PS18x |