NSE: INDUSTOWER | BSE: 534816

Strong Performer, Under Radar

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366.90 5.05 (1.40%)

52W Low on Sep 03, 2025

2.6M NSE+BSE Volume

NSE 15 Sep, 2025 10:21 AM (IST)

96,794.2

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Indus Towers Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for INDUSTOWER, BSE:534816 Indus Towers Ltd.

Indus Towers Ltd.

03 Feb 2020

366.90

1.40%

Bharti Infratel

Results Update: Indus Towers Ltd.

SMC online

Q3FY20 was yet another quarter of improved net additions on both towers and co-locations. Total towers and co-locations(including 42% of Indus Towers numbers) as end of Dec 31, 2019 stood at 94244 numbers and 174150 numbers reflecting an addition of 823 numbers of towers and 744 numbers of co-locations over Sep 30, 2019 numbers. Consolidated Total income rose 2.1% to Rs 2069.70 crore in Q3 December 2019 as compared to...

Indus Towers Ltd. has an average target of 402.00 from 4 brokers.

Indus Towers Ltd.

31 Jan 2020

366.90

1.40%

Result Review - Bharti Infratel

Buy: Indus Towers Ltd.

Hem Securities

Bharti Infratel, as one of the pioneers of Shared Tower Telecom Infrastructure services, Infratel has helped Telecom operators maximize their reach in a short period of time by providing them compelling capex saving opportunities, as a result, making them focus their investment in reaching out to more and more communities across the country, and contributing in offering highly affordable telecom services which helps...

Indus Towers Ltd.'s price crossed above 200Day SMA today

Indus Towers Ltd.

31 Jan 2020

366.90

1.40%

Bharti Infratel

Hold: Indus Towers Ltd.

Target

ICICI Securities Limited

Bharti Infratel continued to report a muted operating performance. Revenues (on a proportionate consolidation basis) came in at | 3673 crore, up 1% QoQ. Core rental revenues were at | 2283 crore, up 2% QoQ, driven by extended occupation of exiting tenants (~2798 collocations where actual exits yet to happen despite exit notice). Furthermore, it should be noted that underlying Q3FY20 revenue growth was weak and reported numbers are higher on account of exit penalty (| 105.3 crore) and Ind-AS 116 adoption (rent equalisation of | 70.5 crore). The company reported net increase of 744...

Indus Towers Ltd.'s price crossed above 50Day SMA today

Indus Towers Ltd.

23 Oct 2019

366.90

1.40%

Bharti Infratel

Hold: Indus Towers Ltd.

Target

ICICI Securities Limited

Bharti Infratel continued to report a muted performance on the topline front given the weak gross tenancy addition. Revenues (on a proportionate consolidation basis) came in at | 3637.6 crore, down 2% QoQ with core rental revenues of | 2328.5 crore, down 1% QoQ. It should be noted that underlying Q2FY20 revenue growth was weak, albeit exit penalty (| 101 crore), Ind-AS 116 adoption (rent equalisation of | 76.7 crore) and extended occupation of exiting tenants (~3750 collocations where actual exits are yet to happen despite exit notice) led to a better-than-expected show on a...

Indus Towers Ltd. has an average target of 402.00 from 4 brokers.

Indus Towers Ltd.

22 Oct 2019

366.90

1.40%

Muted tenancy adds drag earnings; outlook still blurred

Neutral: Indus Towers Ltd.

Target

Motilal Oswal

22 October 2019 quarter performance was below our expectations. On a pre-Ind-AS 116 basis, pro forma consol. revenue/EBITDA declined by 1.9%/1.4% QoQ to INR35.6b/INR14.8b (3%/3.5% miss). Rental and energy revenue dropped 4.4% and 3.6% QoQ to INR21.6b and INR14b, respectively. Further, rental EBITDA declined 1.4% QoQ to INR14.8b, with the margin contracting 40bp QoQ to 67.

Indus Towers Ltd.'s price crossed above 200Day SMA today

Indus Towers Ltd.

29 Jul 2019

366.90

1.40%

Bharti Infratel

Results Update: Indus Towers Ltd.

SMC online

Indus Towers Ltd.'s price crossed above 200Day SMA today

Indus Towers Ltd.

26 Jul 2019

366.90

1.40%

Bharti Infratel

Hold: Indus Towers Ltd.

ICICI Securities Limited

During the quarter, the company reported net increase of 523 co-locations on consolidated basis vs. our expectation of net loss of 1,750 tenancies. We, however, note that positive net addition is largely owing to delay in exits rather than any improved traction of network addition by incumbents. We note that Vodafone Idea had guided for further ~21000 exits, the timing of which should be over the next couple of quarters. Moreover, we build in tepid gross tenancy addition ahead, given the measured approach of incumbents in expansion. Hence, we build in 181877 net co-locations in...

Number of FII/FPI investors increased from 921 to 1007 in Jun 2025 qtr.

Indus Towers Ltd.

25 Jul 2019

366.90

1.40%

Healthy tenancy rates; uncertainty looms over growth

Neutral: Indus Towers Ltd.

Motilal Oswal

Healthy tenancy rates; uncertainty looms over growth Strong 6% rental EBITDA Jump: Bharti Infratel reported healthy 1QFY20 results, beating our estimates. On pre IND-AS 116 basis, Proforma consol. revenue/EBITDA grew 1% QoQ to INR36.3b/INR15b (4% beat). A key surprise was the rental revenue growth of 4% QoQ to INR21.8b, driven by 6% jump in the...

Number of FII/FPI investors increased from 921 to 1007 in Jun 2025 qtr.

Indus Towers Ltd.

15 May 2019, 12:00AM

366.90

1.40%

BHARTI INFRATEL LIMITED

Neutral: Indus Towers Ltd.

Geojit BNP Paribas

Due to continued hyper competition in the sector along with risk from jio, uncertainty over sustainability of its key customer base & lack of clarity on postmerger entity, we have a neutral stance on BHIN. Bharti Infratel Ltd (BHIN) is one of the leading telecom tower infrastructure player with 92,277 towers across 22 telecommunication circles in India. Backed by parent Bharti and by virtue of 42% stake in Indus Towers, BHIN shares a strong...

Indus Towers Ltd. is trading below its 100 day SMA of 380.5

Indus Towers Ltd.

29 Apr 2019

366.90

1.40%

Bharti Infratel

Results Update: Indus Towers Ltd.

SMC online

Bharti Infratel is India's leading provider of tower and related infrastructure and it deploys, The three leading wireless telecommunications service providers in India by revenue - Bharti Airtel, Vodafone and Idea Cellular are the largest customers of Bharti Infratel. The company has...

Indus Towers Ltd.'s price crossed above 50Day SMA today

Is Bharti Infratel Ltd. worth buying?

661 Votes:

Buy 80.03%

Sell 11.65%

Hold 8.32%

RESEARCH REPORTS

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Neutral SEE REPORTS >

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