Indus Towers Ltd. shares decline 3.19% as Sensex slides

Power Finance Corporation Ltd. shares  drop  0.69% as Sensex  falls

Shares of the Indus Towers Ltd. traded at Rs 247.05 on BSE at 12:04PM (IST) on Monday, down 3.19 per cent from previous close.

The stock quoted a 52-week low price of Rs 149.55 and a high of Rs 282.0.

Earlier, the stock saw a gap up opening in the morning.

A total of 35,319 lakh shares changed hands on the counter till 12:04PM (IST).

The stock of Indus Towers Ltd. commands a market value of Rs 66645.79 crore.

The stock traded at a price-to-earning (P/E) multiple of 21.75, while the price-to-book value ratio stood at 2.19. Return on equity (ROE) was at 24.35 per cent, according to exchange data.

In the BSE500 pack, 65 stocks traded in the green, while 435 stocks were in the red.

Promotor Holding

Promoters held 69.85 per cent in the Indus Towers Ltd. as of 31-Dec-2020 while foreign and domestic institutional investors owned 26.79 per cent and 2.63 per cent, respectively.

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