Shares of Indus Towers Ltd. fell 0.58 per cent to Rs 206.2 at 12:43PM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 44,570 shares with a turnover of Rs 0.91 crore till 12:43PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 8.73, while the price-to-book value ratio stood at 2.7.

Return on equity (ROE) was at 28.77 per cent, according to exchange data. The stock hit an intraday high of Rs 207.8 and a low of Rs 202.35 during the session and quoted a 52-week high price of Rs 332.6 and a 52-week low of Rs 181.15.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.34.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 246.68 on June 10, while the 50-DMA was at Rs 207.5. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 53.74. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Mar-2022, promoters held 67.49 per cent stake in the company, while overseas investors held 30.47 per cent and domestic institutional investors had 0.7 per cent.


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