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Indus Towers shares gain 3% after Nomura reiterates 'Buy'; sees 30% upside
Nomura has maintained a 'Buy' rating on Indus Towers. The brokerage has kept its target price unchanged at ₹505, implying an upside of 30 per cent from its previous close of ₹388.55.
Indus Towers Share Price: Nomura says selloff is overdone; sees 30% upside
Indus Towers has corrected sharply in recent months amid investor concerns over the renewal of telecom tower tenancy agreements with Reliance Jio. The stock is currently trading about 19% below its 52-week high of ₹481.50, touched on February 19, and is down 11% so far in 2026.
Indus Towers shares get a downgrade from UBS; Find out why its cautious on the sector
UBS has downgraded Indus Towers to "sell" from its earlier rating of "neutral" and cut its price target to ₹395 from ₹495 earlier. The revised price target implies a downside potential of 7% from current levels.
Bharti, Vodafone Idea tower additions will take Indus Towers shares higher by 32%, CLSA says
With the company's high free cash flow, its dividend payouts should continue and its yields also have an upside, according to CLSA, who went on to add that at 6 times its Enterprise Value to EBITDA, the valuations of Indus Towers are cheap.
Indus Towers to attend Citi India Conference 2026 on June 4 - scanx.trade
Indus Towers to attend Citi India Conference 2026 on June 4scanx.trade
Selling at higher levels turns 23,800 into key barrier for Nifty: Analysts
Benchmark Nifty closed lower last week. Analysts anticipate continued range-bound trading for Nifty this week. Trading strategies suggest buying on dips and selling on rallies within the 23,800-23,200 range. Specific stock recommendations include Indus Towers, Samvardhana Motherson International, Aditya Birla Capital, Sun Pharmaceutical Industries, and Arvind Limited. Investors are advised to consider these opportunities.
Stocks to Watch for May 4: Kotak Mahindra Bank, DMart, Vodafone Idea, MDL, Indus Towers, CDSL and more
From Kotak Mahindra Bank, Avenue Supermarts, Mazagon Dock, Indus Towers and others reacting to their quarterly results, to Vodafone Idea getting some relief on its AGR dues, these are the stocks that should be on your radar going into Monday's trading session on May 4 after the long weekend.
Indus Towers reports marginal rise in Q4 FY26 profit
Indus Towers reported a marginal increase in its consolidated net profit for the fourth quarter of FY26, with profit after tax (PAT) rising to Rs 1,792.9 crore from Rs 1,779.1 crore in the corresponding quarter last year.
Indus Towers flags delays, cost pressures as LPG supply tightens amid West Asia conflict
Indus Towers has flagged manufacturing disruptions as LPG shortages, critical for steel galvanisation, could slow production and push up costs.
Indus Towers Q4 net profit stays flat at ₹1,793 crore; recommends ₹14 dividend
Shares of Indus Towers Ltd ended at ₹409.75, down by ₹3.90, or 0.94%, on the BSE.
Q4 Results Live Highlights: Mazagon Dock Profit Doubles; NSDL Announces 2nd Dividend Since Listing
Hindustan Unilever, Adani Enterprises, Bajaj Finserv, and Indus Towers among companies that declared results today.
Indus Tower shareholders may get this amount as dividend for FY26; Nomura says 'buy'
Nomura referred to the structural data growth and improving prospects for Vodafone Idea as key drivers, citing that stabilisation at Vi could unlock tenancy growth for Indus Towers and help narrow its valuation gap with global peers.