Market Cap
₹ 79,299 Cr.
Current Price
₹ 294
High / Low
₹ 333 / 194
Stock P/E
14.9
Book Value
₹ 69.8
Dividend Yield
6.84 %
ROCE
19.4 %
ROE
24.6 %
Face Value
₹ 10.0
Indus Towers Limited is formed by the merger of Bharti Infratel Limited and Indus Towers. This combined strength makes Indus one of the largest telecom tower companies in the world. Indus Towers Limited has over 183,462 towers and a nationwide presence covering all 22 telecom circles. Indus’ leading customers are Bharti Airtel (together with Bharti Hexacom),...
Indus Tower is forming Flag & Pole in both weekly & Daily Time frame.
It might consolidate for few days/weeks.
Just look for big candle with big volume, then expect breakout.
On a daily time frame, we can see that ITL share has made a Bullish Flag pattern. Break out from this pattern will happen once the scrip breaches above an important resistance level of Rs 306 and stays above it. This upward movement is expected with increased volumes. RSI line took support close to 50 levels and has bounced back. It denotes the regaining positive...
IndusTower After steep rally of 50% gain in a month, now consolidating with falling wedge pattern since a month. So, Ones it get a breakout then we may predict possible upside of 15-20% with a small stoploss below 290.
With results around the corner we could see levels of 308.53-315.07-324.33 on the higher side once 300.60 has been taken out strongly and on the down side we can be cautious with a Bearish force to see levels of 292.73-283.47-276.93
IndusTower : breakout point :313.45 for swing or intraday target 1: 326.50 target 2: 332.80 ..entry if breakout point hits tomorrow. otherwise this is invalid
Good Breakout from resistance of 288.30 with good volume.
RS is positive above 0, with good support at 230.
It's heading towards 350 then 420 in short term and 490 then 565 in medium-long term.
This is follow-up on Indus Towers. Can check link to related ideas.
Target 1 achieved. More than 17%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
IHS pattern is formed in indus tower and expected to break out the neckline soon.
major upmove expected thereafter.
disclaimer : for education purpose only
Indus Towers Ltd. engages in the provision of telecom tower infrastructure for telecommunication services. It operates through the Infratel and Proportionate Share of JV. The company was founded on November 30, 2006 and is headquartered in Gurugram, India.
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