Indus Towers shares in focus on Monday after THIS Crisil ratings update; Stock down 6% in 30 days. Should you buy?
1 month ago

Indus Towers shares in focus on Monday after THIS Crisil ratings update; Stock down 6% in 30 days. Should you buy?

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Bharti Airtel-owned Indus Towers Limited on Saturday, February 22, announced that the rating firm Crisil Ratings had upgraded its ratings for the long-term bank loan facilities and ₹1,750 crore bond rating to “Positive” from its earlier level of “Stable,” according to the exchange filing. “This is to inform that on February 21, 2025, CRISIL Ratings has revised the outlook on the long-term bank loan facilities and ₹1,750 Crore bond of Indus Towers Limited from ‘Stable’ to ‘Positive’ while reaffirming the rating at ‘CRISIL AA+’,” said the company in the BSE filing. Indus Towers Share Price Indus Towers shares closed 1.35 per cent lower at ₹336.45 after Friday's stock market close, compared to ₹341.05 in the previous market session. Indus Towers shares have given stock market investors 45 per cent returns in the last five years and 49 per cent returns in the last one-year period.

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