Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 12.95 times its trailing 12-month EPS of Rs 16.66 per share and 4.16 times its book value, as per BSE data.
A total of 52,092 shares changed hands on the counter till 11:07AM (IST). The stock commands a market value of Rs 58170.21 crore and is part of the Telecommunications – Allied Services industry.
The scrip has been an underperformer , up 7.2 per cent in the past one year in comparison with a 45.08 per cent gain in Sensex.
During the day, the stock moved between Rs 216.5 and Rs 214.05.
Promoter/FII Holding
Promoters held 41.73 per cent in the company as of 30-Jun-2021. FII and MF ownership in Indus Towers Ltd. stood at 26.76 per cent and 0.49 per cent, respectively.