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Indus Towers rises on incorporating wholly owned subsidiary in GIFT City

29 Apr 2026 Evaluate

Indus Towers is currently trading at Rs. 419.05, up by 5.15 points or 1.24% from its previous closing of Rs. 413.90 on the BSE.

The scrip opened at Rs. 419.45 and has touched a high and low of Rs. 421.25 and Rs. 415.25 respectively. So far 55491 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 481.55 on 19-Feb-2026 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. 444.85 and Rs. 395.70 respectively. The current market cap of the company is Rs. 109945.43 crore.

The promoters holding in the company stood at 51.26%, while Institutions and Non-Institutions held 44.77% and 3.98% respectively.

Indus Towers has incorporated a wholly owned subsidiary (WOS) by the name of ‘Indus Towers Global Ventures IFSC’ in Gujarat International Finance Tec-City (GIFT City), Gujarat, India as per the Certificate of Incorporation issued on April 28, 2026. The WOS will, inter-alia, function as an investment holding company for the company’s overseas subsidiaries and will also undertake treasury functions and other related activities permitted under the IFSC framework for the company and its subsidiaries.

Earlier, the committee of directors (duly authorized Committee of the Board) in its meeting held on January 22, 2026 had approved the same.

Indus Towers is a telecom tower infrastructure service provider that deploys, owns and manages telecom towers and communication structures, for various mobile operators.

Indus Towers Share Price

408.00 5.35 (1.33%)
06-May-2026 15:31 View Price Chart
Peers
Company Name CMP
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Indus Towers 408.00
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