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INDUS TOWERS PROFIT
Buy, Sell or Hold: Elara Capital initiates buy on Bharti Airtel; Goldman Sachs has buy rating on IndigoBrokerages remained positive on select telecom, aviation and banking largecaps despite near-term macro uncertainties. Elara Capital initiat...- Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages sayVodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. Whi...
- Selling at higher levels turns 23,800 into key barrier for Nifty: AnalystsBenchmark Nifty closed lower last week. Analysts anticipate continued range-bound trading for Nifty this week. Trading strategies suggest b...
- Delhivery elevates six executives to C-suite roles amid expansion pushLogistics firm Delhivery has promoted six senior executives to C-suite positions. These appointments support the company's expansion across...
- Stocks in news: RIL, Infosys, Adani Energy, Dabur India, Adani GreenMarkets experienced a corrective session on Thursday, extending previous weakness amid adverse global cues. Key companies like RIL, Infosys...
- Indus Towers: Jefferies cuts rating to underperform, gives reasons for bear outlookJefferies downgraded Indus Towers to underperform, cutting its target amid contract renewal risks, rising capex, and competitive pressures....
- Indus Towers Q2 profit falls 17% YoY to Rs 1,839 cr on one-time accounting impactIndus Towers reported a 17.3% year-on-year drop in net profit to Rs 1,839.3 crore for the September quarter, primarily due to a one-time ac...
- Indus Towers Q2 Results: Profit drops by 17% to Rs 1,839 croreTelecom infrastructure firm Indus Towers posted a 17 per cent decline in consolidated net profit to Rs 1,839 crore in the second quarter en...
- Indus Towers Q1 Results: Profit falls 9% YoY to Rs 1,737 crore amid rising expensesIndus Towers reported a 9.8% on-year drop in Q1 net profit to Rs 1,737 crore, impacted by rising expenses despite a write-back of provision...
- Indus Towers to pay dividends after Vi clears dues, boosts cash flowsIndus Towers received a substantial payment from Vodafone Idea. This boosted their free cash flow significantly. Now, Indus aims to aggress...
- Indus Towers Q4 net falls 4% on accounting impact, finance costIndus said one of its large customers (Vodafone Idea), which accounts for a substantial part of revenue and receivables, has cleared all un...
- Indus Towers shares jump 2% after strong Q3 results. Time to buy, sell, or hold?Indus Towers' shares surged by nearly 2% following a 160% YoY jump in Q3 net profit to Rs 4,003 crore, driven by increased tower additions ...
- Indus Towers shares in focus after Bharti Airtel gets CCI nod to raise stake in coShares of Indus Towers are expected to attract attention after the Competition Commission of India approved Bharti Airtel's plan to increas...
- Indus Towers Q2 Results: Net profit jumps 72% to Rs 2,224 crore on strong tower additionsIndus Towers reported a 71.7% on-year jump in net profit to Rs 2,224 crore in its fiscal second quarter, on the back of strong tower additi...
- Indus Towers Q4 Results: Net profit grows 19% QoQ to Rs 1,853 croreIndus’ consolidated revenue for the January-March quarter stood at Rs 7,193 crore, up 6.5% year-on-year. For the fiscal year ended March 31...
- Interest on dues from Vodafone Idea boosted Indus profits: AnalystsIndus Towers recorded strong profits in Q3FY24, with a 94.5% sequential increase in other income to Rs 602 crore. This was due to an additi...
- Indus Towers rules out dividend payment over Vodafone Idea dues issueAt its fiscal first quarter earnings call on Friday, Indus' top management also said the tower company is constantly pushing its key custom...
- VIL's long-term business concerns remain an overhang for Indus Towers: Report"The management continues to reiterate that 5G and fibre opportunities would continue to drive growth in the future as dependency on strong...
- Indus Towers Q4 results: Net profit rises 38% Rs 1,364 crore“On the operational front we continued our strong momentum in 4Q’21 and delivered the highest ever annual gross tower additions,” said Bima...
- Indus Towers Q3 results: Net profit rises 2% YoY to Rs 1,360 crCompany’s revenue rose 6% on annual basis and 5% sequentially to Rs 6,736 crore. Consolidated earnings before interest, tax, depreciation a...
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