Indus Towers Experiences Notable Decline Amidst Recent Positive Momentum in Telecommunications Sector

Jan 21 2025 11:20 AM IST
share
Share Via
Indus Towers experienced a decline on January 21, 2025, ending a six-day streak of gains. Despite this downturn, the stock has performed positively over the past month, outpacing the broader market. It remains above several short-term moving averages while facing challenges within the telecommunication equipment sector.
Indus Towers, a key player in the telecommunication equipment sector, saw a decline of 3.05% on January 21, 2025, marking a notable shift after six consecutive days of gains. The stock underperformed the sector by 0.25%, reaching an intraday low of Rs 363.55, which reflects a decrease of 3.16%.

Despite today's downturn, Indus Towers has shown positive momentum over the past month, gaining 8.08%, while the broader Sensex has decreased by 2.14%. In terms of moving averages, the stock is currently above the 5-day, 20-day, and 50-day averages, but below the 100-day and 200-day moving averages. The overall telecommunication equipment sector also faced challenges, declining by 2.41%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News