Stock with YoY & QoQ OPM Margin Expansion: Indus Towers Limited
Introduction:
Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers.
Fundamentals:
Market Cap: ₹ 95,536 Cr.; Stock P/E: 9.56 (Ind. P/E: 29.31) 👍;
ROCE: 22.1% 👍 ; ROE: 24.2% 👍;
3 Years Sales Growth: 27% 👍; 3 Years Profit Growth: 17% 👍;
3 Years Stock Price CAGR: 11%
Cons: Promoter holding has decreased over the last 3 years: -3.08%
Technicals:
Indus Towers has fallen sharply from the strong resistance level of Rs. 460 in Sep 2024.
It has been trading in a box pattern between 330 and 389 levels.
Currently, it is trading near strong support zone of 300 EMA (344 level)
Resistance levels: 368, 389, 433, 460
Support levels: 330, 311, 293
Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers.
Fundamentals:
Market Cap: ₹ 95,536 Cr.; Stock P/E: 9.56 (Ind. P/E: 29.31) 👍;
ROCE: 22.1% 👍 ; ROE: 24.2% 👍;
3 Years Sales Growth: 27% 👍; 3 Years Profit Growth: 17% 👍;
3 Years Stock Price CAGR: 11%
Cons: Promoter holding has decreased over the last 3 years: -3.08%
Technicals:
Indus Towers has fallen sharply from the strong resistance level of Rs. 460 in Sep 2024.
It has been trading in a box pattern between 330 and 389 levels.
Currently, it is trading near strong support zone of 300 EMA (344 level)
Resistance levels: 368, 389, 433, 460
Support levels: 330, 311, 293
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