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Indus Towers Achieves AAA Credit Rating Upgrade

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Indus Towers Achieves AAA Credit Rating Upgrade

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Indus Towers Limited ( (IN:INDUSTOWER) ) has issued an update.

Indus Towers Limited announced a revision in its credit rating by ICRA Limited, with its non-convertible debentures and long-term fund-based instruments upgraded to the highest rating of AAA with a stable outlook. This upgrade reflects the company’s strong financial position and operational stability, potentially enhancing its attractiveness to investors and stakeholders.

More about Indus Towers Limited

Indus Towers Limited operates in the telecommunications infrastructure industry, providing essential services such as tower infrastructure for wireless communication. The company focuses on supporting mobile network operators by offering shared telecom towers, which are crucial for expanding network coverage and capacity.

Average Trading Volume: 376,820

Technical Sentiment Signal: Strong Buy

Current Market Cap: 1070.1B INR

For detailed information about INDUSTOWER stock, go to TipRanks’ Stock Analysis page.

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