Indus Towers rises on incorporating wholly owned subsidiary
Indus Towers is currently trading at Rs. 403.00, up by 0.75 points or 0.19% from its previous closing of Rs. 402.25 on the BSE.
The scrip opened at Rs. 403.85 and has touched a high and low of Rs. 403.85 and Rs. 396.75 respectively. So far 59325 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 429.90 on 03-Jul-2025 and a 52 week low of Rs. 312.60 on 03-Sep-2025.
Last one week high and low of the scrip stood at Rs. 416.95 and Rs. 396.75 respectively. The current market cap of the company is Rs. 105566.08 crore.
The promoters holding in the company stood at 51.03%, while Institutions and Non-Institutions held 44.45% and 4.52% respectively.
Indus Towers has incorporated Wholly Owned Subsidiary (WOS) by the name of ‘Indus Towers FZE’ in the United Arab Emirates (UAE) as per the Certificate of Incorporation issued on December 08, 2025. The said entity will, inter-alia, consider investment in African markets starting with Nigeria, Uganda and Zambia.
Indus Towers is a telecom tower infrastructure service provider that deploys, owns and manages telecom towers and communication structures, for various mobile operators.
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