Indus Towers share price target goes up to 565 despite Q1 profit, margin hit
Shares of Indus Towers Ltd. will be in focus on Tuesday, July 28, after the telecom infrastructure company reported a largely in-line set of June quarter earnings. However, higher provisions for doubtful debts and increased power costs weighed on profitability. Revenue rose 4.1% sequentially and 4.6% year-on-year to ₹8,431 crore, driven by continued growth in…
