The counter has had a total traded volume of 28754 shares so far with a value of Rs 0.62 crore on the NSE. It traded at a price-to-earnings multiple of 12.84 and a price-to-book ratio of 4.16.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 10.12 per cent during the past one year, while the 30-share index advanced 43.76 per cent during the same period.
Indus Towers Ltd. belongs to the Telecommunications – Allied Services industry.
Promotor/FII Holding
Promoters held 41.73 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 26.76 per cent and 0.49 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 6853.9 crore for the quarter ended 30-Jun-2021, up 4.34 per cent from the previous quarter’s Rs 6569.1 crore and up 314.91 per cent from the year-ago quarter’s Rs 1651.9 crore.
Profit for the latest quarter stood at Rs 1415.3 crore, up 101.15 per cent from the same quarter a year ago.
