Indus Towers shares saw a sharp upward movement after promoter Bharti Airtel raised its stake in the company by purchasing 68.74 lakh shares. The move, conducted between August 25 and September 1, 2025, triggered a 5% jump in the stock price on September 5, 2025, as per filings with the National Stock Exchange.
Bharti Airtel, promoter of Indus Towers, acquired 68.74 lakh shares through open market transactions. This stake increase amounts to approximately 0.26% of Indus Towers’ total outstanding equity. Before this, Bharti held a 50% promoter holding in the company, as of the June quarter. The buying activity signalled promoter confidence and reversed recent negative sentiment in the counter.
Indus Towers had announced its entry into the African market, beginning operations in Uganda, Nigeria, and Zambia. This strategic move aims to expand geographic footprint, but has prompted investor scepticism regarding capital allocation priorities. Concerns were especially pronounced as the company has not paid dividends since May 2022, due to outstanding dues from key client Vodafone Idea.
Read More: Indus Towers Expands to Africa with Airtel Partnership!
Earlier in May 2025, expectations were set around a potential bonus or buyback proposal by the board. However, the meeting to address this was delayed, further weighing down sentiment. Shareholders have continued to anticipate clarity on capital returns, especially in light of recent stake accumulation by the promoter group.
On September 5, 2025, Indus Towers share price opened at ₹325.55 on NSE, above the previous close of ₹324.05. During the day, it surged to ₹341.90 and dipped to ₹324.30. The stock is trading at ₹338.80 as of 2:22 PM. The stock registered a significant gain of 4.55%.
Over the past week, it has declined by 0.18%, over the past month, it has moved up by 1.24%, and over the past 3 months, it has declined by 11.86%.
Bharti Airtel’s acquisition of 68.74 lakh Indus Towers shares between August 25 and September 1, 2025 boosted investor confidence and resulted in a 5% rally. Although international expansion plans have raised concerns over future dividends, the latest promoter action signals a long-term view on the company’s growth strategy.
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Published on: Sep 5, 2025, 3:36 PM IST
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