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#Industower CMP ₹184. 29-Sep-2022
Strong fundamentals with double bottom formation ?

1) Market leader in Tower🗼 Biz
2) 3yr sales growth- 59.5%
3) 3yr profit growth- 39.9%
4) Dividend yield - 5.70%
5) Stock in accumulation zone

Worth studying it ☝️

#5G #stockstowatch
#industower could be #outperformer from here vs #nifty
10-Oct-2022.

Disc: #notareco #justaopinion #invested Image
During the last three years, Indus Towers produced sturdy free cash flow equating to 78% of its EBIT, about what we'd expect. This cold hard cash means it can reduce its debt when it wants to.
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