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    • Indus Towers Share Price

    Large Cap
    ₹433.4
    + 4.7 (1.1%)
    • Advice
    • Hold
    17 September, 2024 13:32 BSE: 534816 NSE: INDUSTOWER ISIN: INE121J01017

    Start SIP in Indus Towers

    Start SIP

    Indus Towers Performance

    Day Range

    • Low 427
    • High 434
    ₹ 433

    52 Week Range

    • Low 167
    • High 460
    ₹ 433
    • Open Price427
    • Previous Close429
    • Volume1515567

    Indus Towers Chart

    • Over 1 Month + 4.98%
    • Over 3 Month + 26.87%
    • Over 6 Month + 74.07%
    • Over 1 Year + 129.64%

    Indus Towers Key Statistics

    P/E Ratio 17.7
    PEG Ratio 0.1
    Market Cap Cr
    Price to Book Ratio 4.3
    EPS 21.6
    Dividend 0
    Relative Strength Index 50.42
    Money Flow Index 54.75
    MACD Signal 4.67
    Average True Range 12.23

    Indus Towers F&O

    Indus Towers Futures Indus Towers Option Chain

    Indus Towers Investment Rating

    • Master Rating:

    • Indus Towers has an operating revenue of Rs. 28,907.70 Cr. on a trailing 12-month basis. An annual revenue growth of 1% is not great, Pre-tax margin of 28% is great, ROE of 22% is exceptional. The company has a reasonable debt to equity of 6%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 38% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 60 which is a FAIR score but needs to improve its earnings, a RS Rating of 84 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 14 indicates it belongs to a strong industry group of Telecom-Infrastructure and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Indus Towers Financials
    IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Oper Rev Qtr Cr 7,3837,1937,1997,1337,0766,753
    Operating Expenses Qtr Cr 2,8793,1223,1123,4993,5963,307
    Operating Profit Qtr Cr 4,5044,0714,0873,6343,4803,446
    Depreciation Qtr Cr 1,5601,5641,5951,5251,3721,320
    Interest Qtr Cr 408464514459428349
    Tax Qtr Cr 666636536452462494
    Net Profit Qtr Cr 1,9261,8531,5411,2951,3511,399
    IndicatorMar 2024Mar 2023
    Total Revenue Annual Cr 28,96228,743
    Operating Expenses Annual Cr 14,04418,713
    Operating Profit Annual in Cr 14,5579,669
    Depreciation Cr 6,0565,322
    Interest Annual Cr 7351,454
    Tax Annual Cr 2,086719
    Net Profit Annual Cr 6,0412,043
    IndicatorMar 2024Mar 2023
    Cash from Operating Activity Annual Cr 11,5837,907
    Cash from Investing Activity Annual Cr -7,565-1,739
    Cash from Financing Annual Activity Cr -3,983-7,126
    Net Cash Flow Annual Cr 36-958
    IndicatorMar 2024Mar 2023
    Total ShareHolders Funds Annual Cr 27,07421,135
    Fixed Assets Annual Cr 39,71532,727
    Total Non Current Assets Annual Cr 45,40237,874
    Total Current Assets Annual Cr 10,4998,721
    Total Assets Annual Cr 55,90146,595
    IndicatorMar 2024Mar 2023
    Book Value Per Share Annual Rs 10078
    ROE Annual % 2210
    ROCE Annual % 1912
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 5235
    IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Oper Rev Qtr Cr 7,3837,1937,1997,1337,0766,753
    Operating Expenses Qtr Cr 2,8793,1223,1123,4993,5963,306
    Operating Profit Qtr Cr 4,5044,0724,0873,6343,4803,447
    Depreciation Qtr Cr 1,5611,5651,5961,5261,3741,320
    Interest Qtr Cr 408464514459428349
    Tax Qtr Cr 666636536452462494
    Net Profit Qtr Cr 1,9261,8531,5411,2951,3481,399
    IndicatorMar 2024Mar 2023
    Total Revenue Annual Cr 28,96228,743
    Operating Expenses Annual Cr 14,04418,713
    Operating Profit Annual in Cr 14,5579,669
    Depreciation Cr 6,0605,324
    Interest Annual Cr 7351,454
    Tax Annual Cr 2,086719
    Net Profit Annual Cr 6,0362,040
    IndicatorMar 2024Mar 2023
    Cash from Operating Activity Annual Cr 11,5827,905
    Cash from Investing Activity Annual Cr -7,546-1,730
    Cash from Financing Annual Activity Cr -3,996-7,133
    Net Cash Flow Annual Cr 41-958
    IndicatorMar 2024Mar 2023
    Total ShareHolders Funds Annual Cr 27,03921,110
    Fixed Assets Annual Cr 39,72232,738
    Total Non Current Assets Annual Cr 45,37837,865
    Total Current Assets Annual Cr 10,4908,708
    Total Assets Annual Cr 55,86846,572
    IndicatorMar 2024Mar 2023
    Book Value Per Share Annual Rs 10078
    ROE Annual % 2210
    ROCE Annual % 1912
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 5235
    Invest in Indus Towers

    Indus Towers Technicals

    EMA & SMA

    Current Price
    ₹433.4
    + 4.7 (1.1%)
    pointer
    • Bullish Moving Average
    • ___
    • 15
    • Bearish Moving Average
    • ___
    • 1
    • 20 Day
    • ₹430.20
    • 50 Day
    • ₹416.07
    • 100 Day
    • ₹384.12
    • 200 Day
    • ₹331.98
    • 20 Day
    • ₹434.48
    • 50 Day
    • ₹422.37
    • 100 Day
    • ₹385.09
    • 200 Day
    • ₹311.11

    Indus Towers Resistance and Support

    PIVOT
    ₹426.65
    Resistance
    First Resistance 433.20
    Second Resistance 437.70
    Third Resistance 444.25
    RSI 50.42
    MFI 54.75
    MACD Single Line 4.67
    MACD 2.49
    Support
    First Support 422.15
    Second Support 415.60
    Third Supoort 411.10

    Indus Towers Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 5,481,297 278,833,578 50.87
    Week 7,670,776 366,509,696 47.78
    1 Month 9,901,816 511,329,761 51.64
    6 Month 25,584,290 1,298,146,868 50.74

    Indus Towers Result Highlights

    Indus Towers Synopsis

    NSE-Telecom-Infrastructure

    Indus Towers is involved in the business activities of Wireless telecommunications activities. Company’s Total Operating Revenue is Rs. 28600.60 Cr. and Equity Capital is Rs. 2694.90 Cr. for the Year ended 31/03/2024. Indus Towers Ltd. is a Public Limited Listed company incorporated on 30/11/2006 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L64201HR2006PLC073821 and registration number is 156038.
    Market Cap 115,532
    Sales 28,908
    Shares in Float 129.36
    No of funds 769
    Yield 1.18
    Book Value 4.27
    U/D Vol ratio 0.9
    LTDebt / Equity 6
    Alpha 0.16
    Beta 1.7

    Indus Towers Shareholding Pattern

    Owner NameJun-24Mar-24Dec-23Sep-23
    Promoters 52.01%69%69%69%
    Mutual Funds 12.7%6.56%4.02%3.84%
    Insurance Companies 3.69%3.11%2.96%2.74%
    Foreign Portfolio Investors 23.15%16.4%20.71%21.41%
    Financial Institutions/ Banks
    Individual Investors 4.85%3.42%2.56%2.25%
    Others 3.6%1.51%0.75%0.76%

    Indus Towers Management

    Name Designation
    Mr. Dinesh Kumar Mittal Chairman(NonExe.&Ind.Director)
    Mr. Prachur Sah Managing Director & CEO
    Mr. Jagdish Saksena Deepak Non Exe.Non Ind.Director
    Mr. Harjeet Singh Kohli Non Exe.Non Ind.Director
    Mr. Gopal Vittal Non Exe.Non Ind.Director
    Mr. Rajan Bharti Mittal Non Exe.Non Ind.Director
    Mr. Randeep Singh Sekhon Non Exe.Non Ind.Director
    Mr. Ravinder Takkar Non Exe.Non Ind.Director
    Mr. Thomas Reisten Non Exe.Non Ind.Director
    Mr. Ramesh Abhishek Ind. Non-Executive Director
    Ms. Anita Kapur Ind. Non-Executive Director
    Mr. Sharad Bhansali Ind. Non-Executive Director
    Mr. Sonu Bhasin Ind. Non-Executive Director
    Mr. Sunil Sood Non Exe.Non Ind.Director

    Indus Towers Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    Indus Towers Corporate Action

    Date Purpose Remarks
    2024-07-30 Quarterly Results & Buy Back of Shares
    2024-04-30 Audited Results
    2024-01-23 Quarterly Results
    2023-10-25 Quarterly Results
    2023-07-27 Quarterly Results
    Date Purpose Remarks
    2022-05-17 INTERIM Rs.11.00 per share(110%)Interim Dividend
    2021-02-09 INTERIM Rs.17.82 per share (178.20%) Second Interim Dividend

    Indus Towers MF Shareholding

    Name Amount(cr)
    HDFC Balanced Advantage Fund Growth 95,391
    SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 73,405
    Kotak Equity Arbitrage Fund Growth 53,423
    Mirae Asset Large Cap Fund Regular Growth 41,593
    Mirae Asset Large & Midcap Fund Growth 40,205

    About Indus Towers

    The Indus Towers Ltd is the new name of a well-known telecommunications company in India that used to be called Bharti Infratel Ltd. This company is one of the leading brands that completely changed the map of Indian telecommunication services. The primary industries where Indus Towers Ltd excel in its service are manufacturing towers, deployment of towers, and their management. The company has over 22 telecom circles all over India, which helps the company withstand the complexity and other requirements of India's wireless telecommunication providers. 


    Products offered by Indus Towers Ltd.

    ●  Installation of towers for setting up Antennae at a particular height 

    ●  Creating green sites for companies 

    ●  Finding new green solutions for energy 

    ●  Housing telecom and power equipment 

    ●  Uninterrupted energy for Telecom

    ●  Finding out sites for the next generation’s smart cities. 


    Indus Towers Ltd is listed on 3 exchanges, and these are:

    ●  The Stock Exchange, Mumbai

    ●  MCX Stock Exchange

    ●  National Stock Exchange of India Ltd.

    Included in Indices

    NIFTY 50 - No 
    NIFTY next 50 - YES
    NIFTY 100 - YES
    S&P BSE 200 - YES
    S&P BSE 250 large midcap index- YES
    S&P BSE finance- NO

    Other listing information

    Incorporation date - November 30, 2006
    BSE group - A 
    BSE Code - 534816
    NSE Code - INDUSTOWEREQ

    Bharti Infratel has had a change of name in recent years. As a result, now it is called Indus Towers Ltd. The company is one of the leading players in the niche industry of tower manufacturing and deployment. Not only does it do the deployment, but after the installation is complete, it manages and does the service of towers as well. As of now, the company has been able to put more than 91000 telecom towers across India, from which 39000 towers are developed under its own name. With the equity of 42% interest in Indus Towers Ltd shares, the company has become the biggest Tower manufacturer in India. Companies like Airtel, Vodafone, and even Idea Cellular are using their towers to make their telecommunication services work.


    Indus Towers Ltd Board of Directors

    Mr. N Kumar 
    Independent Director & Chairman 

    Mr. Kumar has been positioned to be an esteemed member of the Audit and Risk Management Committee. Along with this, he is also a part of the Corporate Social Responsibility Committee as well. N Kumar has completed his engineering degree in electronics from Anna University, located in Chennai. In addition to this, he is also an active participant in the Indian National Academy and the Indian National Academy of Engineering. He has been a board member for various electronics and communication-based companies over the past four decades. Lastly, he has also served the position of President of the Confederation of Indian Industry. 

    Mr. Bimal Dayal 
    CEO & Managing Director 

    Mr. Dayal is currently heading the company as the managing director and the CEO of Indus Towers Ltd. He has been working with the company for more than ten years and is serving two different roles. Besides this, he joined the company three decades back and, with time, has gained the overall experience to run the company under his leadership. Previously he worked in Tata Telecom Ltd, Ericsson India, and others before finally landing a job at Indus Towers Ltd. 

    Ms. Anita Kapur 
    Non-Executive Director & Independent Director 

    Ms. Anita Kapur has been quite influential in the growth of the company over the last decade. Moreover, not only did she bring change to Indus Towers Ltd. She was also selected as the Adviser at the Indian Ministry of Finance (2015 - 2015). Over the years, she has been serving leadership roles in various companies and transforming them to be the best among the competition. She was one of the members of the Delhi Stock Exchange board of directors and held the same position on Kanpur Stock Exchange as well.
     

    Indus Towers FAQs

    What is Share Price of Indus Towers ?

    Indus Towers share price is ₹433 As on 17 September, 2024 | 13:18

    What is the Market Cap of Indus Towers ?

    The Market Cap of Indus Towers is ₹116798.6 Cr As on 17 September, 2024 | 13:18

    What is the P/E ratio of Indus Towers ?

    The P/E ratio of Indus Towers is 17.7 As on 17 September, 2024 | 13:18

    What is the PB ratio of Indus Towers ?

    The PB ratio of Indus Towers is 4.3 As on 17 September, 2024 | 13:18

    Is it a good idea to invest money in Indus Towers Ltd shares?

    Over the past decade, the Indus Towers Ltd shares have seen constant growth and given investors good returns on their investments. With the current scenarios, we can also conclude that Indus Towers Ltd is quite an undervalued share as well. As a result, if you are putting your money in it, you should lock it for at least two to three years to get profits. If possible, keep your investments locked for five years to see the best of the gains from this stock. 
     

    How to buy shares of Indus Towers Ltd online?

    There are plenty of ways by which you can buy the shares of Indus Towers Ltd. But all of these methods require you to have a Demat account. If you don’t have a Demat, you can open it up in just a few minutes by going to 5paise, Zerodha, Groww, Upstox, or Edelweiss. Once your Demat account is created on these platforms, you can then start trading from them as well and buy the shares of Indus Towers Ltd. from The Stock Exchange, Mumbai (BSE), MCX Stock Exchange (MCXE), and National Stock Exchange of India Ltd (NSE).
     

    What are some of the competitors of Indus Towers Ltd?

    Given below is the list of companies that belong to the same industry or manufacture products of a similar niche as Indus Towers Ltd. 

    ●  HFCL    

    ●  Optiemus Infra    

    ●  Astra Microwave    

    ●  Tejas Networks    

    ●  Vindhya Telein    

    ●  BLACK BOX    

    What is the interim dividend yield of Indus Towers Ltd?

    With the year ending by March 2022, the company has come out with the following dividend yield of 110%, which basically amounts to 11 Rs per share. So the current price of Indus Towers Ltd is 213.30, and it will give a dividend yield of 5.16%

    Q2FY23
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