Indus Towers Ltd Share Price – NSE  / BSE

Telecom Equipment & Infra Services, Mid Cap

Indus Towers has incorporated a wholly owned subsidiary by the name 'Indus Towers Global Ventures IFSC' in Gujarat International Finance Tec-City (GIFT City), Gujarat, India as per the Certificate of Incorporation issued on 28 April 2026.

The company said the board will meet to consider and approve its audited financial results for the fourth quarter and full year ended 31 March 2026.

However, the announcement did not include any proposal for dividend or share buyback, which weighed on investor sentiment.

The company has not declared a dividend for the past three years. Its last dividend was an interim payout of Rs 11 per share in May 2022. It also has not announced any buyback since August 2024, when it repurchased shares worth Rs 2,640 crore at Rs 465 per share through a tender offer.

Investor caution has also been influenced by a recent downgrade by a foreign brokerage, which assigned an ?Underperform? rating with a target price of Rs 375. The brokerage cited risks from a large wave of tower contract renewals over H2CY26 and H1CY27, potential pricing pressure, and elevated capital expenditure.

It also flagged slower industry growth and reduced tower additions, which could intensify competition and weaken bargaining power during contract renewals. The brokerage expects modest earnings growth, weaker cash flows and lower dividend payouts, limiting upside potential for the stock.

Indus Towers is India?s leading provider of passive telecom infrastructure and it deploys, owns and manages telecom towers and communication structures, for various mobile operators. The company?s portfolio of 259,622 telecom towers makes it one of the largest tower infrastructure providers in the country with presence in all 22 telecom circles. Indus Towers caters to all wireless telecommunication service providers in India.

On a consolidated basis, Indus Towers' net profit declined 55.64% to Rs 1775.90 crore while net sales rose 7.94% to Rs 8146.30 crore in Q3 December 2025 over Q3 December 2024.

Indus Towers Ltd gained 0.57% today to trade at Rs 469.15. The BSE Teck index is up 0.3% to quote at 16639.71. The index is down 11.13 % over last one month. Among the other constituents of the index, Wipro Ltd increased 0.49% and HCL Technologies Ltd added 0.45% on the day. The BSE Teck index went down 11.85 % over last one year compared to the 8.61% surge in benchmark SENSEX.

Indus Towers Ltd has added 8.14% over last one month compared to 11.13% fall in BSE Teck index and 1.3% drop in the SENSEX. On the BSE, 6256 shares were traded in the counter so far compared with average daily volumes of 5.79 lakh shares in the past one month. The stock hit a record high of Rs 475 on 12 Feb 2026. The stock hit a 52-week low of Rs 312.6 on 03 Sep 2025.

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Net profit of Indus Towers declined 55.64% to Rs 1775.90 crore in the quarter ended December 2025 as against Rs 4003.20 crore during the previous quarter ended December 2024. Sales rose 7.94% to Rs 8146.30 crore in the quarter ended December 2025 as against Rs 7547.40 crore during the previous quarter ended December 2024.

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