346.3000 -10.15 (-2.85%)
NSE Sep 26, 2025 15:31 PM
Volume: 10.0M
 

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Indus Towers Ltd.
29 Jan 2022, 12:00AM
346.30
-2.85%
Motilal Oswal
Indus Towers' consolidated EBITDA grew 2.1% QoQ to INR37b with rental EBITDA growth of 2% QoQ, mainly originating from rental rates (which saw a 1% one-off gain) and 2.5k tenancy additions. The last few quarters have seen decent tenancy additions. However, a) reducing penalty receipts of ~INR7b from VIL in FY23E, b) upcoming tenancy renewals in Mar'22 and c) the weak liquidity position of VIL (seen in rising receivables) pose earnings risk for Indus Towers. We estimate a 4.2%...
Indus Towers Ltd.'s price crossed below 50Day SMA today
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