Indus Towers share price: Bharti Airtel is the largest promoter of Indus Towers, holding 50% stake in the company as on June 30.
Citi and CLSA remained bullish on Indus Towers, citing strong cash flow prospects, attractive valuations, and dividend potential.
Stocks to Watch, 03 September: Tata Consultancy Services, JSW Cement, Waaree Energies, PNC Infra, Adani Power, Yes Bank, E2E Networks, Vikran Engineering, TBO Tek, and Anlon Healthcare will be in focus on September 03.
Entry in to African market will mark the first-ever overseas expansion of Indus Towers
Indus attributed elevated capital expenditure during the quarter to new tower additions, maintenance of aging infrastructure, and replacement of older energy systems with lithium-ion batteries
The passive infrastructure company, now a Bharti Airtel subsidiary, posted a 9.1 percent revenue growth to Rs 8,058 crore, but total expenses jumped 29.2 percent
The market is expected to maintain an upward trend amid consolidation. Below are some short-term trading ideas to consider.
The market is expected to continue its rangebound trading in the upcoming sessions amid the ongoing Middle East conflict. Below are some short-term trading ideas to consider.
The sustainability of Friday's gains is the key factor to watch in the upcoming sessions, as the Iran-Israel conflict and global cues could lead to volatility and consolidation in near term. Below are some short-term trading ideas to consider.
Given the current chart structure and improving momentum indicators, Bank Nifty is likely to continue its upward move and may test the 56,800 level in the near term with a potential extension toward 57,500, Sudeep Shah of SBI Securities said.
TCIL was not kept in the loop for sale of Hexacom towers to Indus Towers, hence it objected and intervened in the deal, said a source
Motilal Oswal recommended Neutral rating on Indus Towers with a target price of Rs 395 in its research report dated May 01, 2025.
Stocks to Watch, 02 May: Stocks like Adani Enterprises, Adani Ports and Special Economic Zone, Indus Towers, Jindal Steel & Power, Nuvoco Vistas Corporation, Home First Finance Company India, Sundram Fasteners, MOIL, Phoenix Mills, Godrej Agrovet, LG Balakrishnan & Brothers, JSW Infrastructure, and Sona BLW Precision Forgings will be in focus on May 2.
Analysts previosuly raised concerns that the company's tower infrastructure business may face challenges as satellite internet services enter the Indian market, especially after Airtel and Reliance Jio entered into distribution partnerships with SpaceX for Starlink.
The mood on Dalal Street is likely to remain optimistic in the upcoming sessions. Below are some trading ideas for the near term.
Volatility is likely to remain high, and consolidation is expected to continue until the index closes the bearish gap of April 7. Below are some trading ideas for the near term.
By easing Vi’s financial burden, the move enables the telco to secure Rs 25,000 crore ($3 billion) in debt funding, which will fuel its network expansion
Despite Vodafone Idea's recent uptick to Rs 8.04, the brokerage trimmed its FY25-28 revenue and EBITDA estimates by up to 3 percent and 11 percent, respectively,
In a regulatory filing, Indus Towers confirmed that both Bharti Airtel and Bharti Hexacom's boards have approved the sale of these passive infrastructure assets through a slump sale.
Motilal Oswal recommended Neutral rating on Indus Towers with a target price of Rs 400 in its research report dated January 24, 2025.