Sector analysis
Telecom - Services
Read from what its listed companies are showing. Each industry inside it is judged on its own below.
Mixed
28 listed companies · ₹ 16,40,527 Cr. total market value- ●50% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 29%. 29% made a loss.
- ●1 credit rating upgrade and no downgrades in the last 90 days.
- –24 good and 4 bad company announcements, including 13 big orders won (read since 6 Oct 2026; not counted until there is a month of them).
- ▼The typical share is down 7.2% in 3 months; 29% of shares trade above their 200-day average (their usual level).
- –Typical P/E 33.7, 19% below these companies' usual level (cheaper than normal).
▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.
In charts
Share prices over the last year
The typical Telecom - Services share against the typical share on the market, both starting at 100. Now 67 vs 83.
Is growth speeding up or slowing down?
The typical company's sales and profit growth against the same quarter a year earlier.
Industries in this sector
A sector mixes different businesses; each industry is judged on its own. Open one for its charts and companies.
| Telecom - Cellular & Fixed line services9 companies | Mixed | 56% of cos. | +34.9% | +1.1% | 33.3 |
| Other Telecom Services9 companies | Mixed | 44% of cos. | +16.9% | −17.3% | 39.2 |
| Telecom - Infrastructure10 companies | Mixed | 50% of cos. | +28.6% | −12.6% | 13.8 |
Cheaper than peers
Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.
No company here passes every test right now.
Cheaper than peers across the whole market
Leaders and laggards
Good news
- Pace DigitekBig order won
- Mahanagar Telephone NigamCredit rating raised
- Tata CommunicationsStrong results
- HFCLStrong results
- Tata Teleservices (Maharashtra)Strong results
Warning signs
- Reliance CommunicationsAction by a regulator
- Mahanagar Telephone NigamMissed a loan payment
Best shares, 3 months
- Vivo Collaborat.+76%
- STL NETWORKS LIMITED+37.9%
- Quadrant Televentures+32.7%
- HFCL+29.2%
- Rama Telecom+6.3%
Worst shares, 3 months
- Kore Digital−80.2%
- Suyog Telematics−49.2%
- SAR Televenture−30.6%
- Pace Digitek−29.2%
- Nettlinx−22.3%
Companies
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Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.