Freshworks Inc vs iShares MSCI India ETF — how do they compare? Freshworks Inc trades at $13.92 (market cap $3.56B), while iShares MSCI India ETF trades at $46.03 (market cap $5.73B). The key difference: iShares MSCI India ETF is the larger of the two by market cap, and Freshworks Inc is trading nearer its 52-week high, iShares MSCI India ETF nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold Freshworks Inc for 39 Days and iShares MSCI India ETF for 58 Days on average.
| FRSH | INDA | |
|---|---|---|
Market Cap | $3.56B | $5.73B |
Volume | 9,066,454 | 6,797,522 |
Sector | Technology | Broad Market / Factor |
52-Week High | $13.92 | $55.29 |
52-Week Low | $6.88 | $45.42 |
Typical Hold Time | 39 Days | 58 Days |
Enterprise Value | $2.93B | — |
Signals from Pluang's Aura AI — not financial advice
Freshworks (FRSH) trades at $13.64, up 0.29% with strong technical momentum showing bullish moving average signals. The company achieved its first GAAP profitability in Q2 2026 with revenue growth of 16% year-over-year, beating earnings expectations. Recent developments include FedRAMP certification progress and leadership in Gartner's ITSM Magic Quadrant, positioning the company for enterprise growth.
FRSH presents a compelling investment case with attractive valuation metrics (P/E 21.63, P/S 4.28) and strong profitability margins (84.96% gross margin, 20.49% net margin). However, elevated EV/EBITDA (43.89) and competitive SaaS market pressures require monitoring. Analyst consensus is evenly split between Buy and Hold with $14.60 price target suggesting modest upside potential from current levels.
INDA, the iShares MSCI India ETF, trades at $45.56, down 1.21% with a bearish technical outlook. The ETF faces headwinds from India's economic challenges including coal power shortages, below-average monsoon rains, and IT sector weakness. Technical indicators show oversold conditions with RSI readings below 20, but moving averages and overall signals remain bearish. Recent news highlights India's energy security concerns and pharmaceutical export challenges.
The outlook remains cautious given multiple economic pressures and bearish technical signals. Investment opportunity exists for long-term investors betting on India's growth story, but near-term risks include energy shortages, agricultural output concerns, and global trade tensions. The ETF's performance will depend on India's ability to navigate these challenges while maintaining its economic growth trajectory.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Latest headlines on both assets
Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks. It offers solutions that serve the needs of users in the CX and ITSM categories, and have also expanded its offering with Sales and Marketing automation products. These product offerings enable organizations to acquire, engage, and better serve their customers and employees.
Read more on FRSH →INDA tracks the MSCI India Index, providing broad exposure to large and mid-cap companies in the Indian stock market. It is structurally dominated by the financials, information technology, and energy sectors, serving as a core instrument for investors seeking a single-country view of India's long-term economic growth.
Read more on INDA →