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Bharti Airtel -owned Indus Towers Limited on Saturday 22 February, rating firm announced Crisp rating Long -term bank loan features and upgrade your ratings for it 1,750 crore bonds for “positive” from its earlier level of “stable” according to exchange filing.
Indus Towers share After the Indian stock market opened on 24 February, it will remain in mind on Monday.
“It is to inform that on 21 February 2025, Crisil rating has revised the approach to long -term bank loan facilities and In BSE filing, the company said that 1,750 crore bonds (loan equipment) (‘company’) of Indus Towers Limited (‘Company’) (‘Company’) up to ‘positive’ up to ‘positive’ in ‘Crisil AA+’, in BSE filing, the company Said.
Bharti Airtel Now till 22 February, the firm owns 50 percent of the firm with over 1.31 crore equity shares.
Indus towers share price
Indus Towers shares closed down by 1.35 percent 336.45 after Friday Stock market Close in comparison 341.05 in the last market session. The company revealed the credit rating upgrade announcement on Saturday 22 February.
The shares of Indus Towers have given 45 percent returns to the stock market investors in the last five years and 49 percent in the last one year period. However, in the last 30 days, the stocks have reduced by 6 percent and in 2025 are trading 2.43 percent less based on a year-on-year-Tarikh (YTD).
Firm’s shares hit their 52-week high level September 2, 2024 was 460.70, while the 52-week had a bottom According to data collected from the BSE website, 217.65 on February 22, 2024.
Expert approach
On analysts Motilal Oswal The stock is handed over “neutral” ratings to the stock, estimating 9 percent inverted for the shares of Sindhu Tower.
“Operationally, the main performance was in the line, the Indus’ 4% Qoq with the recurring Ebitda increased to the Tower/Tenancy Additions as IPT, while the ARPT remained until the steady Qoq,” The firm said that a report.
The brokerage firm kept its FY2025-26 estimates roughly unchanged, as the firm was roughly unchanged after crossing the expectations of brokerage for the results of the FIR2025 to December quarter. “We keep obeying FY27 to 20 billion poor loan provisions. ,
Indus Tower Limited (Industower): target value 400 (on the bull 480, and bears on 340); Possible possibility of 9 percent.
Disclaimer: The above views and recommendations belong to individual analysts, experts and broking companies, not mint. We recommend investors to investigate with certified experts before taking any investment decisions.
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