India's Indus Towers hits near 8-yr high on share buyback plan

Indus Towers

26/07/2024 07:40

** Shares of telecom infra developer Indus Towers  INUS.NS 
rise as much as 5.2% to 447.5 rupees, its highest level since
Oct. 2017
    ** Stock set for second straight week of gains
    ** Co on Thursday said it will consider buyback of shares;
it did not give further details
    ** Analysts on avg. rate INUS "hold", with median PT of 370
rupees - LSEG data
    ** Stock last up 4.5%, taking YTD gain to 123%
    

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.das@thomsonreuters.com))