Indus Towers shares drop 0.39% as Sensex falls

Indus Towers shares drop 0.39% as Sensex falls
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Synopsis

A total of 60,210 shares changed hands on the counter till 11:59AM (IST)

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Among the 50 stocks in the Nifty index, 35 were trading in the green, while 14 were in the red.
Shares of the Indus Towers Ltd. traded at Rs 245.5 on BSE at 11:59AM (IST) on Friday, down 0.39 per cent. The stock quoted a 52-week low price of Rs 161.3 and a high of Rs 282.0.

Earlier in the day, the stock saw a gap up opening.

At the prevailing price, the stock traded at 17.5 times its trailing 12-month EPS of Rs 14.02 per share and 2.19 times its book value, as per BSE data.
A total of 60,210 shares changed hands on the counter till 11:59AM (IST). The stock commands a market value of Rs 66120.28 crore and is part of the Telecommunications - Allied Services industry.

The scrip has been an underperformer , up 11.85 per cent in the past one year in comparison with a 62.92 per cent gain in Sensex.

During the day, the stock moved between Rs 247.95 and Rs 244.35.

Promoter/FII Holding
Promoters held 41.73 per cent in the company as of 31-Mar-2021. FII and MF ownership in Indus Towers Ltd. stood at 27.08 per cent and 0.25 per cent, respectively.

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