Name: Latest research reports of Indus Towers Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Indus Towers Ltd.
Rating: 3
Author: ICICI Securities Limited

Indus Towers Ltd.

NSE: INDUSTOWER | BSE: 534816 | ISIN: INE121J01017 | Industry: Other Telecom Services
| Strong Performer, Under Radar

400.1500 0.05 (0.01%)

NSE Apr 24, 2025 09:07 AM

37.04% Gain from 52W Low

Volume: 7,113

Indus Towers Ltd.

31 Oct 2022

400.15

0.01%

Bad debt provisions hit profits again!

Hold: Indus Towers Ltd.

Target

ICICI Securities Limited

Indus Towers’ Q2FY23 result had two one-offs: 1) Settlement gain received was
Rs11bn of which Rs5.5bn was recognised in rental revenue thus, rental was
inflated;

Indus Towers Ltd. is trading above all available SMAs