Indus Towers Ltd. News and Updates

Name: Latest research reports of Indus Towers Ltd. authored by FundsIndia and published by - Trendlyne research reports.
Item: Indus Towers Ltd.
Rating: 5
Author: FundsIndia

Keep track of all breaking news on Indus Towers Ltd. from all sources in a single place.

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Indus Towers Ltd.

18 May 2024

360.50

0.70%

Indus Towers Ltd. – Connecting Lives Across the Nation

Buy: Indus Towers Ltd.

FundsIndia

Indus Towers Ltd. is trading above its 150 day SMA of 357.4

Indus Towers Ltd.

02 May 2024

360.50

0.70%

Broker's call: Indus Towers (Add)

Business Line

Emkay Global

Indus Towers Ltd. is trading below its 200 day SMA of 369.4

Indus Towers Ltd.

02 May 2024

360.50

0.70%

to see Rapid results content

Indus Towers Ltd.

02 May 2024

360.50

0.70%

Reversal in VIL provision improves EBITDA

Neutral: Indus Towers Ltd.

Target

Motilal Oswal

Indus Towers (Indus) reported a flat revenue QoQ, but provision write-offs
and lower power costs led to 14%/20% QoQ growth in EBITDA/PAT (a beat
of 12%/41%). The tower additions were led by only one operator, which
moderated the ASF.

Promoters released all pledges in Dec 2024 qtr.

Indus Towers Ltd.

01 May 2024

360.50

0.70%

High growth to sustain; capex to continue for a few more quarters

Sell: Indus Towers Ltd.

Target

ICICI Securities Limited

Reported rental revenue up 7.7% YoY/2.2% QoQ to INR 45.8bn in Q4FY24.

Indus Towers Ltd. has an average target of 382.00 from 4 brokers.

Indus Towers Ltd.

30 Apr 2024

360.50

0.70%

Indus Towers Q4 Result: Net Profit Rises 32% To Rs 1,853 Crore

NDTV Profit

Indus Towers reported a 32% rise in net profit to Rs 1,853 crore for Q4, with revenue from operations growing 6.5% to Rs 7,193.2 crore.

Indus Towers Ltd. has an average target of 382.00 from 4 brokers.

Indus Towers Ltd.

20 Apr 2024

360.50

0.70%

Baking in VIL capex; unfavourable risk-reward still towering

Sell: Indus Towers Ltd.

Recommendation Target

ICICI Securities Limited

Our valuation for Indus now bakes in the VIL capex. Our recalibrated model envisions Indus’ rental revenue/EBITDA/ net profit CAGRs of 9.3%/10.2%/14.4% over FY24–27E.

Indus Towers Ltd. has an average target of 382.00 from 4 brokers.

Indus Towers Ltd.

23 Feb 2024

360.50

0.70%

Indus Towers Teams Up With Indian Institute Of Technology Madras For R&D Laboratories

NDTV Profit

Announcing the pact between Indus Towers and Indian Institute of Technology Madras for the launch of R&D laboratories, the release said the labs were inaugurated by Manoj Kumar Singh, Chief Regulatory Officer and CSR, Indus Towers in the presence of Raghunathan Rengaswamy, Dean Global Engagement and R Sarathi, Dean Planning, IIT Madras.