Indus Towers Stock Surges Over 7% in Mid-Session Rally
In the mid-trading session on Wednesday, the 30-share BSE Sensex was trading with a gain of 17.49 points, or 0.02 per cent at 70,388.04 and NSE Nifty rose 0.13 per cent at 21,266 points.
Indus Towers Stock Surges Over 7%: Shares of telecommunications company Indus Towers jumped more than 7 percent in the mid-trading session on Wednesday, a day after it posted a profit of Rs 1,541 crore for the December quarter.
Indus Towers Stock Surges Over 7% in Mid-Session Rally
The company’s scrip climbed 7.25 per cent to Rs 233 on the BSE.
In the mid-trading session on Wednesday, the 30-share BSE Sensex was trading with a gain of 17.49 points, or 0.02 per cent at 70,388.04 and NSE Nifty rose 0.13 per cent at 21,266 points.
On the NSE, shares of Indus Towers rallied 7.19 per cent to trade at Rs 232.70 per piece.
On Tuesday, Indus Towers posted a consolidated profit after tax of Rs 1,541 crore for December quarter 2023-24.
The company had posted a loss of Rs 708 crore in the year-ago period.
Revenue was Rs 7,199 crore in the quarter under review.
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