Indus Towers Limited

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Indus Towers Limited (INDUSTOWER) Price Performance

Indus Towers Limited (INDUSTOWER) trades on NSE in INR. The company is classified in the Communication Services sector under the Telecom Services industry. The stock currently trades at INR408.15, down 1.59% from the previous close.

Over the past year, INDUSTOWER has traded between a low of INR324.05 and a high of INR477.75. The stock has gained 22.0% over this period. It is currently 14.6% below its 52-week high.

Indus Towers Limited has a market capitalization of $1.08T, with a price-to-earnings ratio of 15.18.

About Indus Towers Limited

Indus Towers Limited, a telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia. It offers ground base towers, smart poles, rooftop tower, ground-based mast, microsites, fiberized connectivity solutions, feather sites, small cells, etc.; and energy supply to telecom equipment, as well as acquires the requisite space from residential and commercial property owners and landlords for placing passive infrastructure at strategic locations. The company also provides smart digital infrastructure, which includes smart poles LED lights, CCTV cameras, variable digital messaging board, environment sensors, and city public Wi-Fi services, including fiber backbone. In addition, it offers telecom infra and related services, and business support services and scrap handling for telecom. The company was formerly known as Bharti Infratel Limited and changed its name to Indus Towers Limited in December 2020. Indus Towers Limited was incorporated in 2006 and is based in Gurugram, India. Indus Towers Limited operates as a subsidiary of Bharti Airtel Limited.

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