UnknownUnicorn39322609

INDUS TOWER LONG

Long
NSE:INDUSTOWER   INDUS TOWERS LTD
Indus Tower is one of the flagship company for providing telecom network to licensed telecom operators Indus Tower is JV between Bharti Airtel Group and Vodafone Idea Group. Company has delivered

1. Company has made compounded sales growth of 35% in last five years.
2. Company has made compounded profit growth of 21% in last five years.
3. Company has generated return on equity of 22% in last five years.
4. Company is having positive cash flow from operating activities since last five years. Hence, company is cash cow for his investors.
5. Currently, share is traded around INR 200 which is the median point with PE Ratio of 11.48 which is quite affordable.

Current share price of INR 200 is exact at median on linear regression line on weekly time frame. Any one can buy with longer period of horizon. 52Week low is at INR 182. One can see share price up to 250 in near future.



Trade closed manually:
Price of company is still hovering around INR 200. There is lack of momentum. It is better to sell this stock.
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