The counter opened at Rs 216.0 and touched an intraday high and low of Rs 216.6 and Rs 214.1, respectively, in the session so far. Shares of the company of Indus Towers Ltd. quoted a 52-week high of Rs 282.0 and a 52-week low of Rs 161.3.
Total market cap of the Indus Towers Ltd. stood at Rs 57941.14 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 6853.9 crore for the quarter ended 30-Jun-2021, up 4.34 per cent from previous quarter’s Rs 6569.1 crore and up 314.91 per cent from the year-ago quarter’s Rs 1651.9 crore.
The net profit for latest quarter stood at Rs 1415.3 crore, up 101.15 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Jun-2021, DIIs held 0.49 per cent stake in the firm, while foreign institutional investors held 26.87 per cent and the promoters 69.85 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 12.9 and a price-to-book ratio of 4.16. 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.
