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Indus Towers trades lower as Bharti Airtel buys 53 lakh shares so far in FebruarySince February 5, the telecom major has bought a total of 53 lakh shares in Indus Towers.By Meghna Sen  February 19, 2026, 10:57:03 AM IST (Published)2 Min ReadShares of Indus Towers Ltd. are trading lower on Thursday, February 19, even as promoter Bharti Airtel Ltd. increased its stake in the company through open market purchases.

Bharti Airtel acquired an additional 4.20 lakh shares recently. Since February 5, the telecom major has bought a total of 53 lakh shares in Indus Towers.

Earlier, on February 17, it had picked up another 12 lakh shares.

Following these purchases, Bharti Airtel's stake in Indus Towers has risen to 51.22%, up from 51.03% as of December 2025.

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

Despite the stock rallying nearly 40% over the past six months, the brokerage sees a further upside from current levels.

Citi referred 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 enable Indus Towers to reinstate shareholder payouts, and Bharti Airtel's continued open market stake purchases.

The brokerage views Bharti's incremental stake acquisition as a positive signal, reinforcing confidence in the company's outlook.

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

Shares of Indus Towers are currently trading 0.96% lower at ₹473.40. The stock is up 9% so far in 2026.Continue ReadingTagsBharti AirtelBharti Airtel share priceIndus Towers