News

Indus Towers shares in focus after Bharti Airtel's fresh stake hikeSince February 5, Bharti Airtel has purchased 45 lakh shares in total. Its stake in Indus Towers has consequently increased to 51.18%, up from 51.03% as of December 2025.By Meghna Sen  February 17, 2026, 7:48:40 AM IST (Updated)2 Min ReadShares of Indus Towers will be in focus on Tuesday, February 17, after promoter Bharti Airtel acquired an additional 12 lakh shares in the company.

Since February 5, Bharti Airtel has purchased 45 lakh shares in total. Its stake in Indus Towers has consequently increased to 51.18%, up from 51.03% as of December 2025.

The stock is currently trading near its 52-week high of ₹475.15 and has rallied 52% from its 52-week low.

On Monday, brokerage firm Citi reiterated its 'Buy' rating on Indus Towers, with a price target of ₹540 per share.

Despite a 40% rally in the past six months, the brokerage believes there is a further 16% upside from current levels.

ALSO READ | Indus Towers share price: Citi cites three near-term catalysts, retains ₹540 target

Citi pointed to three key catalysts over the next three months: closure of Vodafone Idea's bank debt, completion of its AGR reassessment by the government, which could pave the way for Indus Towers to reinstate shareholder payouts, and Bharti Airtel's continued open market purchases.

Bharti has acquired around 0.1% stake over the past 10 days at an average price of about ₹450 per share. Citi views this as a positive signal that reinforces confidence in the stock.

Of the 23 analysts tracking Indus Towers, 13 have a 'Buy' rating, four recommend 'Hold', and six have a 'Sell'.

Shares of Indus Towers ended 1.75% higher at ₹474.75 on Monday and are up 9% so far this year.

With inputs from Sudarshan KumarContinue ReadingFirst Published: Feb 17, 2026 7:08 AM ISTTagsIndus TowersIndus Towers shareIndus Towers shares