Short Term Fundamental Call - Indus Towers Ltd.

 

Dear subscriber

Please find below mentioned short term fundamental stock for delivery purpose.

Company Name: Indus Towers Ltd.

CMP: 257.4
Target: 271.0
BSE Code: 534816
NSE Code: INDUSTOWER

  • One of the largest telecom tower companies in the world: Has nearly 1.8L towers and 3.2L co-locations across 22 circles
  • Dynamic industry creating newer opportunity: Data usage to grow 10% CAGR in 5 years; 5G as well as new-age technology to create new opportunities.
  • Valuation discount to its five years average PE: Trading at 12.2x of its 1-Yr forward earnings which is at discount to its 5 Yr average PE of 21x. 

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