Vodafone Plc might be promoting 2.68 crore shares or 9.94 per cent stake of Indus Towers by way of block offers for a complete worth of ₹8,308-9,138.8 crore, in response to the time period sheet seen by businessline. The block deal might be carried out on June 19. The deal value is within the vary … Read more
Vodafone Group Plc has bought 48.47 crore shares or 18 per cent stake in Indus Towers by an accelerated guide constructing providing, the British telecom firm mentioned in a launch. On Tuesday night, a time period sheet had mentioned that the corporate could be promoting 9.94 per cent stake, which was revised up at the … Read more
The largest winner from the profitable Vodafone Concept FPO that was efficiently concluded final month was not Vodafone Concept, it was moderately Indus Towers which has witnessed a change of fortunes as in comparison with identical time final yr. From a lifetime excessive of ₹479 in 2015, the inventory of Indus Towers was in … Read more
Vodafone Group Plc is trying to promote as much as 3 per cent stake in Indian telecom infrastructure firm Indus Towers, which has seen its shares run up over 70 per cent during the last one yr. The deal dimension is more likely to be somewhat over ₹2,000 crore, sources mentioned. The UK telecom operator … Read more
The short-term outlook for Indus Towers is bullish. The inventory had surged about 7 per cent on Thursday. This has taken the share value properly above ₹197, a key resistance. The area is between ₹197 and ₹195. Intermediate dips are prone to see recent consumers coming into the market within the above-mentioned assist zone. As … Read more
[ad_1] NEW DELHI: Domestic equity markets remained under pressure on Wednesday, marking the fourth straight session of weakness. Selling in index heavyweights dragged the indices lower. Despite the recovery in the global markets, Indian equities were under severe pressure. Domestic stocks eroded Rs 28 lakh crore worth of investor wealth in just one month. Here’s … Read more
[ad_1] NEW DELHI: , Oracle, , and and others were among the stocks that touched their 52-week lows in today’s trade. Domestic benchmark index NSE Nifty ended 25.85 points down at 15782.15, while the BSE Sensex closed 136.69 points down at 52793.62. On the other hand, , , Penta Gold, and Lexus Granito(India)stocks hit their … Read more