Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 17.33 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 22,004 shares changed hands on the counter till 11:49AM (IST). The stock commands a market value of Rs 65500.44 crore and is part of the Telecommunications – Allied Services industry.
The scrip has been an underperformer , up 17.01 per cent in the past one year in comparison with a 58.7 per cent gain in Sensex.
During the day, the stock moved between Rs 244.7 and Rs 242.7.
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.