Date: 29 Apr 2024

Telecomm Equipment & Infra Services

Sector	Market Cap	No of Companies
Telecomm Equipment & Infra Services	153806.04	16

 

NetWorth	29465.54	TTM Sales	31683.03	TTM Sales Var (%)	-0.29
Debt	24610.50	TTM OP	13676.38	TTM NP Var (%)	38.27
Capital Employed	57224.49	TTM OPM (%)	45.49	EV/TM Sales	4.85
Net Block	39676.06	TTM PATM (%)	16.43	EV/TTM EBITDA	13.00
Current Assets	24284.52	Debt / Equity	0.84	P/E	29.54
ROCE (%)	21.05	RONW (%)	17.67	P/B	5.22

The above figures are in Rs. Crores as of 29 Apr 2024

TTM ended December 2023

	29 Apr 2024	31 Mar 2023	31 Mar 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	153806.04	60800.75	78355.25	152.97	96.29
Total Marketcap	40881718.68	25956454.87	26857769.69	57.5	52.22
Sector's share	0.38	0.23	0.29	0.15	0.09
Sector No of companies	16	14	12	2	4
Total Listed companies	4588	4285	4116	303	472
Sector's share	0.35	0.33	0.29	0.02	0.06
S&P BSE Telecom	2713.81

 

Gainers
Company Name	29/04/2024	28/03/2024	Var%
Tejas Networks	1117.80	656.05	70.38
Valiant Commun.	527.05	365.20	44.32
Prec. Electronic	170.75	124.15	37.54
ADC India	1211.80	884.40	37.02
Kavveri Telecom	15.03	11.63	29.23

 

During the month of April 2024, Telecomm Equipment & Infra Services sector’s Marketcap increased 152.97% to Rs 153806.04 crore, compared to 57.5% rise in total listed marketcap to Rs 40881718.68 crore.

Sector’s share of total listed marketcap moved to 0.38% in April 2024 from 0.23% in March 2023 and 0.29% in March 2022.

In terms of price appreciation in the sector, there were 13 gainers and no losers in the month of Apr 2024. The gainers accounted for 81.25% of sector companies, losers accounted for 0.00% of sector companies, while 3% remained unchanged.

The top 3 gainers were Tejas Networks (70.38% gain), Valiant Commun. (44.32% gain) and Prec. Electronic (37.54% gain).

During the month NELCO Ltd, Avantel Ltd and Tejas Networks Ltd announced their results. Of these Avantel Ltd reported rise in net profit attributable to shareholders. Companies like NELCO Ltd reported fall in net profit attributable to shareholders.

Companies like Tejas Networks Ltd reported loss to profit

During the month NELCO Ltd, Precision Electronics Ltd, ADC India Communications Ltd, ITI Ltd, Punjab Communications Ltd, Valiant Communications Ltd, Kavveri Telecom Products Ltd, Avantel Ltd, GTL Infrastructure Ltd, Frog Cellsat Ltd, Tejas Networks Ltd, Indus Towers Ltd, Suyog Telematics Ltd, Steelman Telecom Ltd, Kore Digital Ltd and Sar Televenture Ltd filed their shareholding patterns.

FIIs increased their shareholding in Suyog Telematics Ltd from 0.00% to 4.69%, Sar Televenture Ltd from 0.00% to 2.88%, Tejas Networks Ltd from 11.26% to 11.34%, NELCO Ltd from 0.70% to 0.73%, GTL Infrastructure Ltd from 0.10% to 0.12% and ITI Ltd from 0.10% to 0.11%. FIIs reduced their shareholding in Indus Towers Ltd from 20.71% to 16.40%.

DIIs increased their shareholding in Indus Towers Ltd from 6.98% to 9.67%, Sar Televenture Ltd from 0.00% to 0.57% and Tejas Networks Ltd from 3.92% to 4.27%. DIIs reduced their shareholding in Punjab Communications Ltd from 0.25% to 0.02% and GTL Infrastructure Ltd from 43.14% to 42.83%.

Promoters reduced their shareholding in Avantel Ltd from 40.10% to 40.06%, Precision Electronics Ltd from 50.68% to 50.53%, Tejas Networks Ltd from 55.80% to 55.60%, ITI Ltd from 90.28% to 90.00% and Sar Televenture Ltd from 87.80% to 61.46%.

During the month Annual reports of NELCO Ltd, FCI OEN Connectors Ltd, Precision Electronics Ltd, ADC India Communications Ltd, ITI Ltd, Punjab Communications Ltd, Valiant Communications Ltd, Raychem-RPG Ltd, HTL Ltd, BPL Telecom Pvt Ltd, United Telecom Ltd, Brightstar Telecommunications India Ltd, Webfil Ltd, Kavveri Telecom Products Ltd, Simoco Telecommunications (South Asia) Ltd, Avantel Ltd, R P I L Signalling Systems Ltd, Icomm Tele Ltd, GTL Infrastructure Ltd, Reliance Infratel Ltd, Frog Cellsat Ltd, Vodafone Idea Telecom Infrastructure Ltd, Ericsson India Pvt Ltd, Tejas Networks Ltd, Indus Towers Ltd, Indus Towers Ltd(Merged), Delta Electronics India Pvt Ltd, Nokia Solutions & Network India Pvt Ltd, Ceragon Networks India Pvt Ltd, NEC Corporation India Pvt Ltd, ZTE Telecom India Pvt Ltd, Kathrein India Pvt Ltd, Suyog Telematics Ltd, Ascend Telecom Infrastructure Pvt Ltd, Andrew Telecommunications India Pvt Ltd, Candid Optronix Pvt Ltd, Aares Telecom Pvt Ltd, NTT India Solutions Pvt Ltd, Alipurduar Transmission Ltd, Vihaan Networks Ltd, Nelco Network Products Ltd, Bhashwanth Power Projects Pvt Ltd, Radio Design India Pvt Ltd, Commscope India Pvt Ltd, Steelman Telecom Ltd, Tata Electronics Pvt Ltd, Loconav India Pvt Ltd, Lumax Ituran Telematics Pvt Ltd, Kore Digital Ltd, Armtel Engineering Pvt Ltd, Damm Cellular Systems India Pvt Ltd, Komoline Aerospace Ltd, Brahmos Aerospace Thiruvananthapuram Ltd, Bel-Thales Systems Ltd, Radiant Appliances & Electronics Pvt Ltd, Axiscades Aerospace & Technologies Pvt Ltd, Mobase India Pvt Ltd, Primatel Fibcom Ltd, P L R Systems Pvt Ltd, Newspace India Ltd and Sar Televenture Ltd were updated in Capitaline.