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Indus Towers Ltd Share Price (INDUSTOWER)

₹326.70.4%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Indus Towers Ltd

Key events for Indus Towers Ltd

  • Indus Towers Ltd down 1.8% on BSE Telecom index - 10 Apr, 2024

    Indus Towers Ltd lost 1.8% to trade at Rs 321.9, while the S&P BSE Telecommunication index is down 0.06%. The stock has added 30.22% over last one month compared to a 5.28% gain in the index.

  • Indus Towers Shares Gain Over 60% - 08 Apr, 2024

    Indus Towers' shares have gained over 60% in the first four months of 2024 due to reduced receivables from Vodafone Idea and a strong post-fund raising performance. Brokerage firm CLSA has upgraded the stock and raised its price target to ₹335. The company is also likely to be added to the MSCI Global Standard Index.

  • Indus Towers' Shares Gain Following Fundraising Approval - 03 Apr, 2024

    Indus Towers' shares gained after CLSA raised its price target to ₹335 per share from ₹256 earlier, citing the company's potential growth and ability to settle past dues with payments from Vodafone Ideas fund raising. The brokerage maintained its Accumulate recommendation on the stock.

  • Indus Towers Stock Surges Ahead of Vodafone Idea EGM - 01 Apr, 2024

    Shares of Indus Towers surged 8% ahead of Vodafone Idea's EGM. CLSA raised its price target on the stock to ₹335 per share from ₹256 earlier, maintaining an accumulate rating. The de-rating for Indus Towers is reversing and consolidation in the tower sector is positive.

  • Indus Tower Appoints Anil Gupta as CTDO - 29 Mar, 2024

    Anil Gupta, the current chief supply chain management officer of Indus Tower, has been appointed as the company's new Chief Technology and Delivery Officer (CTDO). The change in reporting structure means that the current CTO, R Ramanujam, will no longer be part of senior management personnel.

  • Indus Towers' Net Debt Reduced to Rs 45.8b - 27 Mar, 2024

    Indus Towers had a net debt of Rs 45.8b with a low net debt to EBITDA ratio of only 0.39 and its EBIT covers interest expense 10.7 times over. The balance sheet is the area to focus on when analyzing debt.

  • Indus Towers Stock Rallies Amid American Towers Decision - 26 Mar, 2024

    Indus Towers stock rallies as American Towers' decision to convert Vodafone Idea OCDs into equity strengthens the possibility of Indus Towers recovering dues from Vodafone Idea. Citi maintains a buy call on Indus Towers with a target of Rs 320.

  • Indus Towers Emerges as Top Gainer in F&O Space - 25 Mar, 2024

    Indus Towers Ltd witnessed an 8.4% rise to Rs 271, its highest closing level since January 17, 2022, and formed a robust bullish candlestick pattern on the daily timeframe with above-average volumes after recent consolidation. The stock is trading above all key moving averages, signaling a positive outlook.

  • Technical Analysis Suggests Favorable Risk-Reward Ratio for Indus Towers - 21 Mar, 2024

    According to anchor VWAP study and chart structure analysis, the risk-reward ratio looks favorable on the short side for Indus Towers Ltd. Negative technical structure and weak market sentiment may bring in some weakness in the counter.

  • Indus Towers Ltd registers 1.65 fold spurt in volume - 20 Mar, 2024

    Indus Towers Ltd registered a volume of 6.51 lakh shares, a 1.65 fold spurt over two-week average daily volume of 3.95 lakh shares. The stock rose 2.98% to Rs.245.10.

  • Indus Towers Stock Increases by 31% in Three Months - 12 Mar, 2024

    Indus Towers' stock has increased significantly by 31% over the past three months. An article discusses the company's ROE, earnings growth, and efficient use of profits.

Analyst Rating for Indus Towers Ltd stock

based on 21 analysts

HOLD
38.10%
Buy
28.57%
Hold
33.33%
Sell

Based on 21 analysts offering long term price targets for Indus Towers Ltd. An average target of ₹235.14

Source: S&P Global Market Intelligence

Indus Towers Ltd share Performance

  • ₹317.15
    ₹330
    ₹326.7
    downward going graph

    2.92%

    Downside

    Day's Volatility:3.93%

    Upside

    1.01%

    downward going graph
  • ₹135.8
    ₹331.5
    ₹326.7
    downward going graph

    58.43%

    Downside

    52 Weeks Volatility:59.90%

    Upside

    1.47%

    downward going graph
1 Month Return32.03 %
3 Month Return52.2 %
1 Year Return134.78 %
Previous Close₹328.00
Open₹325.00
Volume1.73Cr
Upper Circuit-
Lower Circuit-
Market Cap₹88,043.59Cr

Indus Towers Ltd Company Information

Indus Towers Ltd is a leading telecom infrastructure provider in India, incorporated in 2007. It operates in the telecom tower industry, providing telecom infrastructure services to telecom operators. Its core services include tower and related infrastructure services, in-building solutions, and transmission services.

Indus Towers Ltd is the largest telecom tower company in India, with over 1.26 lakh towers across the country. Its top products include telecom towers, in-building solutions, and transmission services. It also provides a range of services such as site acquisition, installation, maintenance, and energy management. The company also has a range of popular brands, including Indus Towers, Indus Towers Connect, and Indus Towers Energy. The company has also been recognised for its commitment to sustainability and has been awarded the GreenCo Silver rating for its efforts in energy efficiency.

Share Price: ₹326.70 per share as on 10 Apr, 2024 04:01 PM
Market Capitalisation: ₹88,043.59Cr as of today
Revenue: ₹7,099.00Cr as on December 2023 (Q4 23)
Net Profit: ₹1,540.50Cr as on December 2023 (Q4 23)
Listing date: 28 Dec, 2012
Chairperson Name: N Kumar
OrganisationIndus Towers Ltd
Headquarters
IndustryTelecomm Equipment & Infra Services
E-voting on sharesClick here to vote

Fundamentals of Indus Towers Ltd

Insights on Indus Towers Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 2.88% to 3.17% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, INDUSTOWER stock has moved up by 32.0%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 1.29K Cr → 1.54K Cr (in ₹), with an average increase of 16.0% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.84% to 4.02% in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Tata Teleservices Maharashtra Ltd has given 553.9% return, outperforming this stock by 519.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Railtel Corporation of India Ltd has given 269.4% return, outperforming this stock by 134.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 69.00% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 21.41% to 20.71% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 7.22K Cr → 7.19K Cr (in ₹), with an average decrease of 0.4% per quarter

Indus Towers Ltd Valuation

Indus Towers Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.04x)

March 19, 2020

Today (15.77x)

April 10, 2024

Industry (135.87x)

April 10, 2024

Highest (26.33x)

January 29, 2018

LowHigh

Indus Towers Ltd Mutual Fund Holdings

Funds Holdings
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth1.14%
360 ONE Focused Equity Fund Direct Growth360 ONE Focused Equity Fund Direct Growth3.96%
DSP ELSS Tax Saver Fund Direct Plan GrowthDSP ELSS Tax Saver Fund Direct Plan Growth1.8%
DSP Equity Opportunities Fund Direct Plan GrowthDSP Equity Opportunities Fund Direct Plan Growth1.79%
ICICI Prudential Equity Arbitrage Fund Direct Plan GrowthICICI Prudential Equity Arbitrage Fund Direct Plan Growth0.91%

Indus Towers Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
69%
0.00
Foreign Institutions
20.71%
-3.23
Mutual Funds
4.02%
4.72
Retail Investors
3.17%
9.83
Others
3.1%
7.91

Technicals of Indus Towers Ltd share

News & Events of Indus Towers Ltd

Frequently Asked Questions

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Indus Towers Ltd (INDUSTOWER) share price today is ₹326.7

Indus Towers Ltd is listed on NSE

Indus Towers Ltd is listed on BSE

  • Today’s highest price of Indus Towers Ltd is ₹330.
  • Today’s lowest price of Indus Towers Ltd is ₹317.15.

PE Ratio of Indus Towers Ltd is 15.77

PE ratio = Indus Towers Ltd Market price per share / Indus Towers Ltd Earnings per share

Today’s traded volume of Indus Towers Ltd(INDUSTOWER) is 1.73Cr.

Today’s market capitalisation of Indus Towers Ltd(INDUSTOWER) is ₹88043.59Cr.

Indus Towers Ltd(INDUSTOWERPrice
52 Week High
₹331.5
52 Week Low
₹135.8

Indus Towers Ltd(INDUSTOWER) share price is ₹326.7. It is down -1.45% from its 52 Week High price of ₹331.5

Indus Towers Ltd(INDUSTOWER) share price is ₹326.7. It is up 140.57% from its 52 Week Low price of ₹135.8

Indus Towers Ltd(INDUSTOWERReturns
1 Day Returns
-1.3%
1 Month Returns
32.03%
3 Month Returns
52.2%
1 Year Returns
134.78%