Outlook for INET Stocks After Obtaining Approval for Rp3.2 Trillion Rights Issue
INET's stock surged after securing approval for a Rp3.2 trillion rights issue to fund expansion. Analysts recommend buying despite potential downside.
(Bisnis.Com) 01/01/70 07:00 88429
Bisnis.com, JAKARTA — Shares of telecommunications company PT Sinergi Inti Andalan Prima Tbk. (INET) have continued their sharp rally, remaining well above analysts’ target levels.
A string of completed corporate actions, coupled with the company’s expansion agenda for 2026, has underpinned strong positive sentiment, driving INET shares markedly higher over the past six months and on a year-to-date (YtD) basis since early 2025.
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