Indus Tower slips 14% after 3% equity changes hands on NSE and BSE

A combined 74.4 million equity shares had changed hands on the bourses till 9:52 AM. According to reports, British telecom giant Vodafone was in discussions to sell around 5% stake in Indus Towers

Shares of Indus Tower slipped 14 per cent to Rs 215.55 on the National Stock Exchange (NSE) and the BSE in Thursday's intra-day trade after nearly 3 per cent of the total equity of the company changed hands on the bourses. The stock had hit a 52-week low of Rs 194.25 on August 5, 2021 and a 52-week high of Rs 332.60 on September 28, 2021.

A combined 74.4 million equity shares, representing 2.8 per cent of total equity of Indus Tower, had changed hands on the NSE and BSE till 09:52 am. In comparison, the Nifty50 and S&P