As of December 9, 2024, the share price of Indus Towers is trading at approximately ₹361.75 on the NSE, reflecting a slight increase of 0.74% from the previous close. The stock has recently been influenced by news of Vodafone’s reduced stake in the company and consistent financial performance, with revenue and profit showing an upward trend over the past quarters. Indus Towers continues to be a focus for investors due to its strong market position and improving profitability.
About Indus Towers
Indus Towers Limited is an Indian telecom infrastructure provider that deploys, owns, and manages telecom towers and communication structures for various mobile operators. The company’s offerings include tower, power, and space solutions, as well as smart city infrastructure, a tower operations center, and green technology initiatives. Indus Towers provides the passive physical infrastructure required to house active equipment such as base transceiver stations, transmission links, and microwave antennas. Its towers range from traditional lattice structures, like ground-based and rooftop towers, to aesthetically designed options such as lightweight hybrid poles, monopoles, and camouflaged towers that blend with the surroundings. These towers are powered by grid-sourced electricity or diesel generators, and the company secures space from residential and commercial property owners to deploy its infrastructure. Currently, Indus Towers owns and operates over 198,284 towers with 347,879 co-locations, supporting the growing needs of the telecommunications industry.