Professional
Added to YB: 2024-04-30
Pitch date: 2024-03-31
INDUSTOWER.NS [bullish]
Indus Towers Limited
+38.84%
current return
Author Info
No bio for this author
Company Info
Indus Towers Limited operates and maintains wireless communication towers and related infrastructures for various telecom service providers in India.
Market Cap
INR 980.6B
Pitch Price
INR 294.90
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.07
P/E
16.25
EV/Sales
4.14
Sector
Diversified Telecommunication Services
Category
value
Baron Emerging Markets Fund New Portfolio Holding: Indus Towers Limited
INDUSTOWER.NS: India's top telecom tower operator, 60% market share in duopoly. Benefiting from consolidation & 5G rollout but discounted on Vi customer concerns. Re-rating catalyst as Vi resumes payments & raises equity for 4G/5G. Expect high single-digit revenue growth, ~10% EPS CAGR, strong FCF over 3-5 years.
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