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1 Comment
Indus Towers Limited is currently in a long term uptrend where the price is trading 17.9% above its 200 day moving average.
From a valuation standpoint, the stock is 53.8% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 6.7.
Indus Towers Limited's total revenue rose by 5.9% to $18B since the same quarter in the previous year.
Its net income has dropped by 24.0% to $7B since the same quarter in the previous year.
Finally, its free cash flow fell by 66.8% to $2B since the same quarter in the previous year.
Based on the above factors, Indus Towers Limited gets an overall score of 3/5.
Industry | Telecom Services |
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Sector | Communication Services |
ISIN | INE121J01017 |
CurrencyCode | INR |
Exchange | NSE |
Beta | 0.44 |
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Dividend Yield | 3.8% |
Target Price | 314.64 |
PE Ratio | 15.51 |
Market Cap | 651B |
Indus Towers Limited provides telecom tower infrastructure sharing services. The company acquires, builds, deploys, owns, operates, and manages telecom towers and communication structures for various mobile operators. As of March 31, 2020, it owned and operated 42,053 towers with 75,715 co-locations in 11 telecommunications circles in India. The company was founded in 2006 and is headquartered in Gurugram, India. Indus Towers Limited is a subsidiary of Bharti Airtel Limited.
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