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Indus Towers Ltd Slips 5.38%, S&P BSE Telecom Index Shed 1.04%

Today, Indus Towers Ltd slips at 1.19 per cent over June, compared to a 4.94 per cent gain in the S&P BSE Telecom index and a 9.16 per cent rise in the SENSEX. On Wednesday, Indus Towers Ltd fell 5.38 per cent to trade at Rs 207.45.

The S&P BSE Telecom index is down 1.04 per cent to quote at 1646.26. The index is up 4.94 per cent over the June quarter. On the other hand, the Nifty Index, Tejas Networks Ltd decreased by 1.94 per cent, and Route Mobile Ltd lost 0.97 per cent. The S&P BSE Telecom index went up 11.76 per cent over the last year compared to the 7.97% surge in benchmark SENSEX.

On the Bombay Stock Exchange (BSE), Indus Towers Ltd has lost 1.19 per cent over the last month compared to a 4.94 per cent gain in the S&P BSE Telecom index and 9.16 per cent rise in the SENSEX. On the BSE, 2.19 lakh shares were traded on the counter so far compared with average daily volumes of 2.02 lakh shares in the past month. The stock hit a record high of Rs 332.6 on 28 Sep 2021. The stock hit a 52-week low of Rs 181.15 on 16 May 2022.

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