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…
READ MORERepresentational image. Synopsis After a long time, probably after March 2024, stock prices and the indices have corrected in a very sharp manner β and across the board. The first phase of any correction is normally led by large-caps, and this time is no different. But remember: Large-caps also tend to recover first when there…
READ MOREBenchmark 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…
READ MOREShares 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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