Indus Towers’ shares surged by nearly 2% following a 160% YoY jump in Q3 net profit to Rs 4,003 crore, driven by increased tower additions and overdue collections from Vodafone Idea. The company plans to expand into the EV charging sector and expects significant dividend payouts, with analysts maintaining a ‘Buy’ rating.
Hospital stocks gain on safe-haven buying
In past one month, most hospital stocks such as Max Healthcare, Apollo Hospitals, Fortis Healthcare, Healthcare Global and Rainbow Children’s Medicare, among other, have surged