Indus Towers Ltd Share Price – NSE /  BSE

Telecomm Equipment & Infra Services, Mid Cap

Indus Towers Ltd gained 1.66% today to trade at Rs 358.7. The BSE Telecommunication index is up 0.43% to quote at 3019.43. The index is up 8.18 % over last one month. Among the other constituents of the index, Railtel Corporation of India Ltd increased 1.39% and Route Mobile Ltd added 1.2% on the day. The BSE Telecommunication index went up 36.5 % over last one year compared to the 14.3% surge in benchmark SENSEX.

Indus Towers Ltd has added 13.07% over last one month compared to 8.18% gain in BSE Telecommunication index and 5.07% rise in the SENSEX. On the BSE, 22047 shares were traded in the counter so far compared with average daily volumes of 3.83 lakh shares in the past one month. The stock hit a record high of Rs 460.7 on 02 Sep 2024. The stock hit a 52-week low of Rs 176.45 on 21 Dec 2023.

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Net profit of Indus Towers rose 71.74% to Rs 2223.50 crore in the quarter ended September 2024 as against Rs 1294.70 crore during the previous quarter ended September 2023. Sales rose 4.67% to Rs 7465.30 crore in the quarter ended September 2024 as against Rs 7132.50 crore during the previous quarter ended September 2023.

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Net profit of Indus Towers rose 71.57% to Rs 2222.40 crore in the quarter ended September 2024 as against Rs 1295.30 crore during the previous quarter ended September 2023. Sales rose 4.67% to Rs 7465.30 crore in the quarter ended September 2024 as against Rs 7132.50 crore during the previous quarter ended September 2023.

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Indus Towers will hold a meeting of the Board of Directors of the Company on 22 October 2024.

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