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.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with