Shutterstock.comNEW DELHI: Shares of Indus Towers Ltd. traded 6.64 per cent down in Wednesday's trade at 02:10PM (IST). Around 540,490 shares changed hands on the counter.
The counter opened at Rs 212.55 and touched an intraday high and low of Rs 213.9 and Rs 201.3, respectively, in the session so far. The stock of Ltd. quoted a 52-week high of Rs 332.6 and a 52-week low of Rs 181.15.
Total market cap of the Indus Towers Ltd. stood at Rs 55138.41 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 7225.3 crore for the quarter ended 31-Mar-2022, up 2.91 per cent from previous quarter's Rs 7021.3 crore and up 9.99 per cent from the year-ago quarter's Rs 6569.1 crore.
The net profit for latest quarter stood at Rs 1828.5 crore, up 34.08 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2022, domestic institutional investors held 0.55 per cent stake in the company, while foreign institutional investors held 29.02 per cent and the promoters 68.81 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 8.65 and a price-to-book ratio of 2.7. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Indus Towers Ltd. belongs to the Telecommunications - Allied Services industry.
The counter opened at Rs 212.55 and touched an intraday high and low of Rs 213.9 and Rs 201.3, respectively, in the session so far. The stock of Ltd. quoted a 52-week high of Rs 332.6 and a 52-week low of Rs 181.15.
Total market cap of the Indus Towers Ltd. stood at Rs 55138.41 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 7225.3 crore for the quarter ended 31-Mar-2022, up 2.91 per cent from previous quarter's Rs 7021.3 crore and up 9.99 per cent from the year-ago quarter's Rs 6569.1 crore.
The net profit for latest quarter stood at Rs 1828.5 crore, up 34.08 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2022, domestic institutional investors held 0.55 per cent stake in the company, while foreign institutional investors held 29.02 per cent and the promoters 68.81 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 8.65 and a price-to-book ratio of 2.7. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Indus Towers Ltd. belongs to the Telecommunications - Allied Services industry.
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