380.8500 -1.65 (-0.43%)
NSE Jun 03, 2025 15:31 PM
Volume: 5.9M
 

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Indus Towers Ltd.
27 Oct 2020
380.85
-0.43%
Dolat Capital
Bharti Infratel (BHIN) Q2FY21 was operationally healthy lead by strong tower additions, tenancy growth and rental/tenant. Energy spread was negative for 2nd consecutive quarter. BHIN's short-term prognosis remains significantly positive led by potential tariff increase in the telecom sector and/or fund-raise by VIL. More importantly, BHIN-Indus merger would conclude within a month and the combined entity would declare a dividend of Rs 48bn (Rs 17.8/sh ~9.5% yield) within 3Ms. We have marginally increased our estimates to factor in the robust growth....
Indus Towers Ltd. is trading above its 200 day SMA of 367.6
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