Indus Towers shares fell 5% to a 52-week low after the board approved a strategic international expansion into Nigeria, Uganda, and Zambia. While the move aligns with the government’s push for global growth, investors appeared cautious due to risks like regulatory hurdles, geopolitical instability, and cost pressures. The plan leverages Indus’s ties with Bharti Airtel in African markets.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of
December 7, 2025