Indus Towers trades marginally higher on installing new telecom tower in Panaji

Indus Towers is currently trading at Rs. 221.70, up by 0.30 points or 0.14% from its previous closing of Rs. 221.40 on the BSE.

Indus Towers
Indus Towers

The scrip opened at Rs. 224.95 and has touched a high and low of Rs. 224.95 and Rs. 220.35 respectively. So far 29290 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 332.60 on 28-Sep-2021 and a 52 week low of Rs. 181.15 on 16-May-2022.

Last one week high and low of the scrip stood at Rs. 230.75 and Rs. 217.55 respectively. The current market cap of the company is Rs. 59827.60 crore.

The promoters holding in the company stood at 67.49 % while Institutions and Non-Institutions held 31.16 % and 1.35 % respectively.

Indus Towers has installed a new telecom tower in Panaji, Goa. The new telecom tower installed by Indus Towers demonstrates the company’s commitment to providing affordable, high-quality and reliable services for the growing network connectivity needs of India. As part of the Goa Telecom Infrastructure Policy 2020, the state has sanctioned 255 mobile towers to be installed in different parts of the state.

Indus Towers is a telecom tower infrastructure service provider that deploys, owns and manages telecom towers and communication structures, for various mobile operators.

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