Indus Towers gains 4% after Bharti Airtel promoters acquire additional 5% equity stake

Indus Towers’ shares rose 4% as Bharti Airtel promoters bought an extra 5% stake, signaling confidence in 5G infrastructure growth and steady tower business outlook.

Live Market Updates

Latest Financial News

positive
42 days ago

Indus Towers gains 4% after Bharti Airtel promoters acquire additional 5% equity stake

Indus Towers gains 4% after Bharti Airtel promoters acquire additional 5% equity stake
Telecom infrastructure firm Indus Towers witnessed a 4% rise in share price after Bharti Airtel’s promoter group purchased an additional 5% stake through open market transactions. The acquisition strengthens Airtel’s strategic position in tower infrastructure and reinforces confidence in long-term 5G rollout expansion. Market experts believe this investment highlights Indus’s steady cash flow potential. Following the stake hike, Indus Towers’ market capitalization rose sharply, attracting renewed investor interest ahead of its upcoming quarterly financial disclosures.
Companies:
  • Indus Towers
  • Bharti Airtel
Tags:
  • stocks
  • telecom