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Indus Tower has consistently been maintaining a bearish trend since 2021. The stock can be seen trading with a series of lower bottom formations on the weekly chart. ....
Yash Gupta, Equity Research Associate, Angel Broking, said long-term investors can remain invested in the stock, as it would be a one-of-a-kind turnaround story in the housing finance sector. ....
The stock s total return from the low of March 2020 has surged to 320 per cent. This is a U-turn for a stock that nosedived 91 per cent to a low of Rs 149.10 in March 2020 from a closing high of Rs 1,686.35 in August 2017. ....