339.7500 -9.30 (-2.66%)
NSE Mar 25, 2025 15:31 PM
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Indus Towers Ltd.
24 Apr 2020, 12:00AM
339.75
-2.66%
ICICI Securities Limited
Bharti Infratel reported another muted operating performance. Revenues (on a proportionate consolidation basis) came in at | 3624 crore, up 0.7% QoQ. Core rental revenues came in at | 2251 crore, down 1.4% QoQ. Revenues would have been lower but for extended occupation of exiting tenants (~3564 collocations where actual exits yet to happen despite exit notice). Furthermore, it should be noted that underlying Q3FY20 revenue growth was weak while reported numbers are higher on account of exit penalty (| 107.3 crore) and Ind-AS 116 adoption (rent equalisation of | 63.6 crore)....
Indus Towers Ltd.'s price crossed below 50Day SMA today
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