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Indus Towers share price slumps 7% on weak June quarter earnings; should you buy, hold or sell?

Indus Towers share price continued downward movement on Thursday after the company announced weak earnings for the quarter ended June on Tuesday. Consolidated net profit tanked 66% on-year to Rs 477 crore in the quarter as topline grew merely 1% to Rs 6,897 crore and operating profit shrank 34 to Rs 2,322 crore. In the …

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