Indus Towers share price: Indus Towers shares rise 0.21% as Sensex climbs

Shares of the Indus Towers Ltd. traded at Rs 239.65 on BSE at 11:55AM (IST) on Tuesday, up 0.21 per cent from previous close.

The stock quoted a 52-week low price of Rs 161.3 and a high of Rs 282.0.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 32,883 lakh shares changed hands on the counter till 11:55AM (IST).

The stock of Indus Towers Ltd. commands a market value of Rs 64638.06 crore.

The stock traded at a price-to-earning (P/E) multiple of 17.1, while the price-to-book value ratio stood at 2.19. Return on equity (ROE) was at 23.8 per cent, according to exchange data.

In the BSE500 pack, 311 stocks traded in the green, while 189 stocks were in the red.

Promotor Holding

Promoters held 69.85 per cent in the Indus Towers Ltd. as of 31-Mar-2021 while foreign and domestic institutional investors owned 27.21 per cent and 2.3 per cent, respectively.

Source Link