Indus Towers shares in focus after Bharti Airtel gets CCI nod to raise stake in co
Shares of Indus Towers are likely to be in focus on Wednesday after the Competition Commission of India (CCI) approved Bharti Airtel’s plan to increase its stake in Indus Towers, following the telecom infrastructure company’s share buyback. “The Commission approves an increase in the percentage shareholding of Bharti Airtel Ltd (Bharti Airtel) in Indus Towers…
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Indus Towers shares rally 6% after Citi recommends buying the dip, gives Rs 500 target price
Shares of Indus Towers rallied 6.2% to a dayβs high of Rs 412.45 on the BSE after global brokerage firm Citi suggested buying the stock on any dips, with a target price of Rs 500 and a maintained buy rating. Citi stated that the amount of past dues that VI repays to Indus in Q2…
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Indus Towers Rs 2,700 crore-share buyback bids open on Wednesday. Check details
Indus Towers, which announced its Rs 2,700 crore-share buyback earlier in July, has opened the bids for the same on Wednesday. The bidding will close on August 21. Eligible shareholders can now bid for the buyback. The last date of completion of settlement of bids will be on or before August 28. βIn accordance with…
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ambuja cements shares: Big movers on D-Street: What should investors do with Godrej Properties, Ambuja Cements and Indus Towers?
Benchmark BSE Sensex rose by nearly 286 points to close at a record high while Nifty settled above the 24,950 level on Wednesday. Stocks that were in focus include names like Godrej Properties, which gained 1.32%, Ambuja Cements, which rose 1.01%, and Indus Towers, whose shares declined 3.03% on Wednesday. Here’s what Riyank Arora, Technical…
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Indus Tower Ltd Share Price: Indus Towers shares zoom 5% as company plans to consider share buyback
Shares of Indus Towers jumped 5.3% on the BSE today to a fresh 52-week high of Rs 447.30 after the company announced that it will consider a share buyback in its upcoming board meeting. βThe Board of Directors will also consider, inter alia, the following agenda at its meeting: To consider and approve the proposal…
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