Indus Towers buyback: Board meet on July 30; stock up 125% thus far in 2024

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Indus Towers buyback plan: Share price hits over six-year high of Rs 447.

However, Indus Towers anticipates overdue recovery from VIL where it has created provision.

Indus has stated dividend policy that any FCF generated by company will be used to pay the dividend, and VIL overdue recovery should boost FCF in FY25, analysts at ICICI Securities said in a company update.

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Category: BusinessFinance

Markets: IndiaMauritius

Topics: Buyback Bharti Airtel Indus Towers share Mobile operators Market Telecom infrastructure Vodafone Idea

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 10:10:22 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 596 words

Reading Time: 4 minutes read

Sentences: 27 lines

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Copyright Owner: © Business Standard

News ID: 21780457

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