INDUS TOWERS LTD

Indus Towers:

148
Its nearing its :
July 2013 Low of 127 &
Mar 2020 Low of 120

The business has the bad debts staring from Vodaphone Idea. Most likely it has to be written off.

Even with the JIO re negotiating the rates, it seems like a good annuity business.

Should Buy around 125 levels.

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