Shares of Indus Towers Ltd were up 1.01% at Rs 205.2 at 11:47 am on Friday, although the BSE benchmark Sensex was up 191.32 points at 59,879.54.

The note settled at Rs 203.15 on the previous trading day. The stock was quoted at a 52-week high of Rs 332.6 and a 52-week low of Rs 181.15. According to BSE data, at 11.47 am, 127,795 shares worth Rs 2.61 crore were traded over the counter.

At current prices, the stock is trading at 10.21 times its trailing 12-month EPS of Rs 20.17- and 2.7-times book value, according to exchange data.

A higher price-to-earnings ratio suggests that investors are willing to pay a higher share price today due to future growth expectations.

The price-to-book ratio reflects a company’s inherent value and the price investors are willing to pay even if the business is not growing. A stock’s beta, which measures its volatility relative to the broader market, is 0.34. As of June 30, 2022, promoters held 50.83% of the company, while FIIs held 26.62% and DIIs held 0.55%.

On the technical charts, the stock has a Relative Strength Index (RSI) of 54.72. RSI fluctuates between 0 and 100. Traditionally, it is considered overbought when the RSI value is above 70 and oversold when the RSI value is below 30. Chartists say the RSI should not be viewed in isolation as it may not be sufficient to answer trades, just as fundamental analysts cannot use a single valuation ratio to give buy or sell recommendations.