Tag: Indus Towers share price

Indus Towers will return excess cash to shareholders, shares timeline on Vodafone Idea dues – CNBC TV18

[ad_1] Indus Towers Ltd. plans to return excess cash to shareholders once the pending dues from Vodafone Idea are cleared. Company Value Change %Change The company, in a meeting with brokerage firm JPMorgan, said that it has no plans to clear its own pending dues as it is comfortable with its leverage situation and therefore, […]

How much dividend can Indus Towers pay shareholders post clearing of its dues? – CNBC TV18

[ad_1] Analysts who have coverage on tower company Indus Towers Ltd. believe that the company can pay a special dividend to its shareholders once its past dues are cleared by Vodafone Idea. Company Value Change %Change Vodafone Plc will be selling its remaining 3% stake in Indus Towers through a block deal and the proceeds […]

Indus Towers releases pledge on over 3% shares held by Vodafone promoters – CNBC TV18

[ad_1] On Wednesday, December 4, 2024, Indus Towers Ltd announced the release of a pledge on 3.003% of shares held by Vodafone Plc in the company. This development follows Vodafone Plc’s announcement of its effective exit from its shareholding in Indus Towers, with plans to use the proceeds from the private placement of these 79.2 […]

Vodafone Plc to sell 3% stake in Indus Towers – CNBC TV18

[ad_1] British telecom player Vodafone is set to sell its entire 3% stake, or 7.9 crore shares, in Indus Towers, the company said on Wednesday, December 4, 2024. The proceeds from the Placing will be used firstly to repay Vodafone’s outstanding borrowings of about $101 million to Vodafone’s existing lenders, secured against Vodafone’s Indian assets. […]

Old Age Pension Scheme: Vodafone Idea shares zoom 17% as cabinet clears bank guarantee wavier for telcos – CNBC TV18

[ad_1] Shares of Vodafone Idea Ltd. are trading with gains of over 17% on Tuesday, November 26, making an intraday high of ₹8.24 per share. The upmove in the stock price was seen after Union Cabinet approved a waiver of bank guarantees for telecom companies, marking a significant step toward easing the financial burden on […]

Analysts recommend buying LTTS, Shree Cement, IndiGo, TVS Motor, and Federal Bank in today’s trade – CNBC TV18

[ad_1] SUMMARY Market tech analysts, Mitessh Thakkar, Sacchitanand Uttekar and Sneha Seth have these recommendations on Tuesday. By CNBCTV18.com November 26, 2024, 9:32:25 AM IST (Published) 1 / 13 Technical analysts Mitessh Thakkar of earningwaves.com, Sacchitanand Uttekar of Tradebulls and Sneha Seth of Angel One share their top stock picks for the day. 2 / 13 […]

Indus Towers shares poised for a 50% upside based on these positive triggers: Citi – CNBC TV18

[ad_1] Shares of Indus Towers Ltd. were trading with gains of as much as 3% on Tuesday, November 19. Global brokerage firm Citi has maintained a ‘Buy’ recommendation on the stock, with a price target of ₹485 per share. The price target implies a potential upside of over 50% from Monday’s closing levels. Indus Tower’s […]

Indus Towers’ doubtful receivables from Vodafone Idea decline for second quarter in a row – CNBC TV18

[ad_1] Indus Towers said that telecom services provider Vodafone Idea Ltd. has been making payments equivalent to the monthly billing amount since January 2023. As of now, Vodafone Idea has paid ₹2,328 crore towards outstanding dues, including ₹1,028 crore for the quarter ending September 2024. Indus Towers continues to recognise revenue for the services provided […]

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