The counter has had a total traded volume of 87824 shares so far with a value of Rs 2.06 crore on the NSE. It traded at a price-to-earnings multiple of 16.84 and a price-to-book ratio of 2.19.
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 4.22 per cent during the past one year, while the 30-share index advanced 49.12 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 31-Mar-2021, while foreign investors and domestic institutional investors ownership stood at 27.08 per cent and 0.25 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 6569.1 crore for the quarter ended 31-Mar-2021, up 58.61 per cent from the previous quarter’s Rs 4141.6 crore and up 281.77 per cent from the year-ago quarter’s Rs 1720.7 crore.
Profit for the latest quarter stood at Rs 1363.7 crore, up 109.96 per cent from the same quarter a year ago.
