Business & Investment

Indus Towers Shares: Indus Towers Shares Fall 1.25% As Sensex Rise

Share Indus Towers In the session on Thursday, as a stock benchmark, as of 1:55 pm (IST), Ltd. Was down 1.25% to 252.4 rupees. Sensex Trading 49931.46, 197.62 points higher.

Earlier that day, stocks witnessed a gap at the start of the session. Stock prices were high at Rs 282.0 for 52 weeks and low at Rs 156.6 for 52 weeks. NSE.. Until 1:55 pm (IST), about 60394 shares were replaced at the counter.

The stock opened at Rs 256.0 and touched on the daytime highs and lows of Rs 261.5 and Rs 251.15 during previous sessions. Price earnings ratio (PE) was 18.09, earnings per share (EPS) was 14.02 rupees, price-to-book value ratio (PB) was 2.19, and return on equity (ROE) was 23.8 rupees.

Promoter / FII Holding
The promoter held a 139.7% stake in the company as of April 29, while FII and MF owned 54.42% and 0.5%, respectively.

Major finance

With a market capitalization of Rs 68357.08, the company operates in the telecommunications-related services industry. Consolidated sales for the quarter ended March 31, 2021 were up 58.61% from the previous quarter to Rs 656.91 billion, up 281.77% from the same period last year. The company reported net profit for the most recent quarter of Rs. 136.37 billion, an increase of 109.96 percent from the corresponding quarter last year.

Technical indicators
The Relative Strength Index (RSI) of stocks is 49.49. The RSI varies between 0 and 100. Traditionally, an RSI value above 70 is considered overbought and below 30 is considered oversold. You get a trading call just as a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.

Indus Towers Shares: Indus Towers Shares Fall 1.25% As Sensex Rise

https://economictimes.indiatimes.com/markets/stocks/stock-watch/indus-towers-shares-down-1-25-as-sensex-rises/articleshow/82307075.cms Indus Towers Shares: Indus Towers Shares Fall 1.25% As Sensex Rise

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