Thu, May 02, 2024
Indus Towers Q4 Results: Shares of Indus Towers remained on investors' radar after telecom infrastructure company's operationally good performance in fourth quarter ended March 2024.
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Without naming Vodafone Idea (VIL), Indus Towers in its financial report said it has "doubtful receivables of Rs 5,385.3 crore, comprising all overdue from the debt-ridden telecom firm as of March 31, 2024".
Wed, Apr 24, 2024
Bharti Airtel currently holds a 47.95 per cent stake in Indus Towers. Airtel wants to acquire Indus Towers stake at a valuation of Rs 210 to 212 per share.
Thu, Apr 18, 2024
What is the reason for the boom in the telecom sector? Why will Vodafone Idea run away? Why not sell telecom shares in 3-6 months? What is the advice on Indus Towers? Know from Anil Singhvi
Mon, Apr 01, 2024
Why did Indus Towers rise? Bullish on both CLSA and Citi shares – Why are brokerages so bullish? How is the share price of Indus Towers - know in this video.
Tue, Mar 26, 2024
Citi's opinion on Indus Towers: What is special in Citi's report? Know in this video
American Towers has decided to convert its Vodafone Idea Optionally Convertible Debentures (OCDs) into equity. The company will convert OCDs worth Rs 1440 crore out of Rs 1600 crore. Indus Tower owes Rs 5700 crore to Vodafone Idea. After American Towers' call, the recovery of dues is possible soon for vendors like Indus Towers.
Thu, Feb 01, 2024
At around 10:13 a.m., shares of Indus Towers traded 1.44 per cent or Rs 3.2, lower at Rs 218.8 apiece. The market capitalisation of the company at around the same time stood at Rs 58,965.22 crore.
Wed, Oct 25, 2023
How will be the results of Indus Towers in Q2? How will be the income and profit growth? Where will the eyes be in the management commentary?
Fri, Jul 28, 2023
India's largest mobile tower company Indus Towers on Thursday reported a nearly three-fold jump in consolidated net profit to Rs 1,348 crore for the June 2023 quarter.
Fri, Apr 28, 2023
Why shares of Indus Towers jumped 10% post Q4 results? What is the latest update on Vodafone Idea dues? Know the full news from Kushal Gupta.
Mon, Feb 20, 2023
Brokerages are bullish on celebrity investor Rekha Jhunjhunwala-owned Fortis Healthcare citing the company's good growth outlook. They are divided on telecom stocks such as Bharti Airtel and Indus Towers, and skeptical on energy company stocks such as BPCL and ONGC.
Mon, Jan 23, 2023
How will be the results of Indus Towers in Q3? How will be the earnings and margins in Q3? How much profit is possible in the December quarter? Know from Kushal Gupta.
Fri, Oct 28, 2022
How were the results of Tata Chemicals and SBI Card? What will happen after the results of Indus Towers today? Know the analysis of September results from Anil Singhvi.
Wed, Sep 28, 2022
In a big jolt to Vodafone Idea, Indus Towers, which claims to be India's largest mobile tower installation company, has issued a warning to the beleaguered telecom company over dues payments, sources told Zee Business
Tue, Mar 29, 2022
The telecom service provider, recently, made a payment of Rs 8,815 crore of spectrum dues to reduce interest expenses.
Sat, Mar 26, 2022
Telecom company Bharti Airtel will acquire a 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore, according to a company filing.
Thu, Mar 03, 2022
Dubey said that Vodafone Plc recently sold its 2.4 per cent stake in Indus Towers at a valuation of Rs 1440 cr.
Fri, Feb 25, 2022
Indian telecom operator Bharti Airtel Ltd said on Friday it agreed to buy Vodafone Group Plc`s 4.7% stake in India`s largest cell tower firm Indus Towers Ltd
Mon, Oct 25, 2021
Indus Towers on Monday has come out with robust second-quarter earnings for the financial year 2021-22 (Q2FY22). Consolidated profit after tax of the company grew 38 per cent to Rs 1559 crore, and revenue gained by 8 per cent to Rs 6877 crore year-on-year basis in the Q2 of this fiscal.
Fri, Apr 23, 2021
Indian equity markets were trading under pressure on Friday’s noon trade. At 12:51 pm, the S&P BSE Sensex was trading with a fall of 18.26 points or 0.04% 48,062.41.
Tue, May 21, 2019
Hemant Ruia, currently CFO of Indus Towers, is proposed to be appointed as the Chief Financial Officer of the combined entity, the statement added.
Wed, Apr 24, 2019
Bharti Infratel on Wednesday said its current MD and CEO DS Rawat is not willing to take up the top job after merger with Indus Towers.
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