The stock quoted a 52-week low price of Rs 149.55 and a high of Rs 282.0.
Earlier, shares of the company saw a opening in the morning.
A total of 55,017 lakh shares changed hands on the counter till 10:05AM (IST).
The stock of Indus Towers Ltd. commanded a market value of Rs 69569.8 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 22.7, while the price-to-book value ratio stood at 2.19. Return on equity (ROE) was at 24.35 per cent, according to exchange data.
In the BSE500 pack, 406 stocks traded in the green, while 92 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.34.
Promotor/FII Holding
Promoters held 41.73 per cent in Indus Towers Ltd. as of 31-Dec-2020 while overseas and domestic institutional investors owned 26.63 per cent and 0.48 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 220.7 on April 16, while the 50-DMA was at 254.17. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
