Indus Towers Ltd. is currently trading around ₹458.50. Over the past year, the stock has shown significant growth, with a 52-week range between ₹166.70 and ₹460.35. The company has been performing well, with a recent 196% increase in profit after tax (PAT) compared to the previous year, and a steady revenue growth of 1% year-over-year. The PE ratio stands at around 20.47, indicating a moderately high valuation.
The stock has been gaining attention due to increasing foreign institutional holdings, which recently rose by 6.75%. Despite a decrease in promoter holdings, the overall market sentiment remains positive with a strong operational efficiency reflected in a 50.6% operating margin
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