Analysis Article • Jun 10

Over the last 7 days, the Integrated Telecom Services industry has dropped 2.4%, driven by declines in HFCL and Indus Towers of 8.2% and 2.0%, respectively. In the past year, the industry has gained 18%. Earnings are forecast to grow by 15% annually.
Has the Indian Integrated Telecom Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 14 Jun 2026 | ₹1.9t | ₹634.3b | ₹86.1b | 15.5x | 22.6x | 3.1x |
| Tue, 12 May 2026 | ₹1.8t | ₹635.3b | ₹86.1b | 15.2x | 20.5x | 2.8x |
| Thu, 09 Apr 2026 | ₹1.7t | ₹615.0b | ₹88.4b | 16.3x | 19.3x | 2.8x |
| Sat, 07 Mar 2026 | ₹1.7t | ₹615.0b | ₹88.4b | 16.7x | 19.5x | 2.8x |
| Mon, 02 Feb 2026 | ₹1.7t | ₹607.1b | ₹110.4b | 13.9x | 15.3x | 2.8x |
| Wed, 31 Dec 2025 | ₹1.7t | ₹603.2b | ₹109.3b | 15.3x | 15.9x | 2.9x |
| Fri, 28 Nov 2025 | ₹1.7t | ₹602.6b | ₹109.3b | 14.7x | 15.6x | 2.8x |
| Sun, 26 Oct 2025 | ₹1.6t | ₹593.9b | ₹112.9b | 17.5x | 14.3x | 2.7x |
| Tue, 23 Sep 2025 | ₹1.5t | ₹590.7b | ₹113.6b | 19x | 13.5x | 2.6x |
| Thu, 21 Aug 2025 | ₹1.5t | ₹590.7b | ₹113.6b | 16.1x | 13.3x | 2.6x |
| Sat, 19 Jul 2025 | ₹1.7t | ₹585.7b | ₹116.9b | 18x | 14.7x | 2.9x |
| Mon, 16 Jun 2025 | ₹1.7t | ₹580.5b | ₹118.0b | 23.4x | 14x | 2.8x |
| Wed, 14 May 2025 | ₹1.6t | ₹585.6b | ₹119.8b | 23.9x | 13.7x | 2.8x |
| Fri, 11 Apr 2025 | ₹1.5t | ₹578.7b | ₹114.9b | 24.6x | 13.4x | 2.7x |
| Sun, 09 Mar 2025 | ₹1.4t | ₹578.7b | ₹114.9b | 20.1x | 12.1x | 2.4x |
| Tue, 04 Feb 2025 | ₹1.5t | ₹578.2b | ₹114.9b | 29.1x | 13.3x | 2.7x |
| Thu, 02 Jan 2025 | ₹1.6t | ₹571.8b | ₹88.8b | 43.6x | 17.8x | 2.8x |
| Sat, 30 Nov 2024 | ₹1.6t | ₹571.8b | ₹88.8b | 44.4x | 18.3x | 2.8x |
| Mon, 28 Oct 2024 | ₹1.6t | ₹570.7b | ₹88.8b | 48.2x | 17.7x | 2.8x |
| Wed, 25 Sep 2024 | ₹1.9t | ₹558.6b | ₹79.4b | 60.5x | 23.7x | 3.4x |
| Fri, 23 Aug 2024 | ₹1.9t | ₹558.6b | ₹79.4b | 56.3x | 24.6x | 3.5x |
| Sun, 21 Jul 2024 | ₹1.8t | ₹553.1b | ₹73.1b | 48.7x | 24.5x | 3.2x |
| Tue, 18 Jun 2024 | ₹1.6t | ₹544.5b | ₹73.6b | 39.5x | 22.2x | 3x |
| Thu, 16 May 2024 | ₹1.6t | ₹543.6b | ₹73.4b | 43.7x | 21.4x | 2.9x |
| Sat, 13 Apr 2024 | ₹1.6t | ₹529.0b | ₹68.6b | 40.6x | 23.2x | 3x |
| Mon, 11 Mar 2024 | ₹1.4t | ₹529.0b | ₹68.6b | 50.6x | 20.7x | 2.7x |
| Wed, 07 Feb 2024 | ₹1.2t | ₹529.0b | ₹68.6b | 50.7x | 18.1x | 2.3x |
| Fri, 05 Jan 2024 | ₹1.2t | ₹513.9b | ₹49.7b | 38.1x | 24.6x | 2.4x |
| Sun, 03 Dec 2023 | ₹1.1t | ₹513.9b | ₹49.7b | 31.2x | 21.7x | 2.1x |
| Tue, 31 Oct 2023 | ₹1.0t | ₹512.7b | ₹49.7b | 32.4x | 20.6x | 2x |
| Thu, 28 Sep 2023 | ₹1.2t | ₹517.0b | ₹48.7b | 32.7x | 23.8x | 2.2x |
| Sat, 26 Aug 2023 | ₹1.1t | ₹517.0b | ₹48.7b | 31x | 22x | 2.1x |
| Mon, 24 Jul 2023 | ₹1.0t | ₹515.8b | ₹39.8b | 29.6x | 25.1x | 1.9x |
| Wed, 21 Jun 2023 | ₹990.6b | ₹511.2b | ₹41.4b | 25.8x | 23.9x | 1.9x |
23.9x
How does Indian Integrated Telecom Services compare with similar industries?
| IN Market | 0.052% | |
| Telecom | 0.42% | |
| Telecom Services and Carriers | -2.38% | |
| Integrated Telecom Services | -2.43% | |
| Alternative Carriers | -1.43% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 532371 Tata Teleservices (Maharashtra) | ₹46.43 | 0.6% +₹547.4m | -35.2% | PS7.8x | |
| KDL Kore Digital | ₹124.25 | 8.2% +₹113.6m | -59.1% | PE4.2x |