Altius Telecom Faces Continued Decline Amid Broader Market Resilience and High Dividend Yield

Mar 25 2025 03:35 PM IST
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Altius Telecom Infrastructure Trust has seen a decline, continuing a downward trend over the past two days. The stock is trading below multiple moving averages, reflecting a bearish sentiment. Despite this, it offers a high dividend yield, which may appeal to income-focused investors. The broader market shows resilience with gains in the Sensex.
Altius Telecom Faces Continued Decline Amid Broader Market Resilience and High Dividend Yield Altius Telecom Infrastructure Trust has experienced a notable decline of 4.11% on March 25, 2025, marking a continuation of its downward trend over the past two days, during which it has lost a total of 4.5%. The stock reached an intraday low of Rs 140, underperforming its sector by 0.97%.

In terms of moving averages, Altius Telecom is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The miscellaneous sector, in which Altius operates, has also seen a decline of 3.19%.

Despite the recent downturn, Altius Telecom boasts a high dividend yield of 14.91% at its current price, which may attract income-focused investors.

In the broader market, the Sensex opened higher at 78,296.28, gaining 311.90 points (0.4%), and is currently trading at 78,017.19. The index has shown resilience, gaining 6.58% over the past three weeks, with mega-cap stocks leading the market today.
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