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1 Comment
Indus Towers Limited is currently in a long term uptrend where the price is trading 0.3% above its 200 day moving average.
From a valuation standpoint, the stock is 62.8% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 5.4.
Indus Towers Limited's total revenue rose by 143.6% to $41B since the same quarter in the previous year.
Its net income has increased by 22.6% to $10B since the same quarter in the previous year.
Finally, its free cash flow fell by 28.3% to $4B since the same quarter in the previous year.
Based on the above factors, Indus Towers Limited gets an overall score of 4/5.
Exchange | NSE |
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CurrencyCode | INR |
Sector | Communication Services |
Industry | Telecom Services |
ISIN | INE121J01017 |
Target Price | 428.2727 |
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Beta | 0.0 |
Market Cap | 1T |
PE Ratio | 10.61 |
Dividend Yield | None |
Indus Towers Limited, a telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India. The company offers ground base towers, smart poles, rooftop tower, based mast, small cells, and fiber backhauls; and offers energy supply to telecom equipment, as well as acquires the requisite space from residential and commercial property owners and landlords for placing passive infrastructure at strategic locations. It also provides smart digital infrastructure, which includes smart poles LED lights, CCTV cameras, variable digital messaging board, environment sensors, and city public Wi-Fi services including fiber backbone. Additionally, the company is involved in the telecom infra and related services, and business support services and scrap handling for telecom. The company was formerly known as Bharti Infratel Limited and changed its name to Indus Towers Limited in December 2020. Indus Towers Limited was incorporated in 2006 and is based in Gurugram, India.
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