Indus Towers: Nomura on Indus Towers Maintains Buy with Target Price of ₹505 as it believes the recent correction over Jio tenancy renewal concerns is overdone, sees limited risk of major tenancy loss due to economic and operational constraints, notes potential support from Bharti’s stake purchases, and highlights the stock’s attractive 6.1x FY28 EV/EBITDA valuation.

 09 Jul 2026 08:59 AM

Indus Towers: Nomura on Indus Towers Maintains Buy with Target Price of ₹505 as it believes the recent correction over Jio tenancy renewal concerns is overdone, sees limited risk of major tenancy loss due to economic and operational constraints, notes potential support from Bharti’s stake purchases, and highlights the stock’s attractive 6.1x FY28 EV/EBITDA valuation.

Indus Towers: UBS downgrades Indus Towers to Sell with a Target Price of ₹395, citing a cautious telecom outlook, risk of delayed tariff hikes, potential non-renewal of non-Airtel/VIL tenancies, elevated capex needs, cuts to EBITDA/DPS estimates, and limited valuation appeal despite a 3–5% dividend yield.

 09 Jun 2026 08:49 AM

Indus Towers: UBS downgrades Indus Towers to Sell with a Target Price of ₹395, citing a cautious telecom outlook, risk of delayed tariff hikes, potential non-renewal of non-Airtel/VIL tenancies, elevated capex needs, cuts to EBITDA/DPS estimates, and limited valuation appeal despite a 3–5% dividend yield.

Indus Towers: CLSA maintains a high-conviction Outperform on Indus Towers with a Target Price of ₹580, citing upside potential in tenancy additions, continued tower growth, Vodafone Idea fundraising support, attractive valuation, strong free cash flow generation and reinstated dividend payouts.

 26 May 2026 08:59 AM

Indus Towers: CLSA maintains a high-conviction Outperform on Indus Towers with a Target Price of ₹580, citing upside potential in tenancy additions, continued tower growth, Vodafone Idea fundraising support, attractive valuation, strong free cash flow generation and reinstated dividend payouts.

Indus Towers: CLSA on Indus Towers High Conviction Outperform with Target Price ₹580 as steady Q4 growth with strong tenancy/tower additions, improving EBITDA (~11% FY26), positive outlook aided by Vodafone Idea relief, dividend resumption, strong balance sheet (net cash ₹49bn), and attractive valuation (~6x EV/EBITDA) supporting ~10% EBITDA CAGR visibility.

 04 May 2026 09:08 AM

Indus Towers: CLSA on Indus Towers High Conviction Outperform with Target Price ₹580 as steady Q4 growth with strong tenancy/tower additions, improving EBITDA (~11% FY26), positive outlook aided by Vodafone Idea relief, dividend resumption, strong balance sheet (net cash ₹49bn), and attractive valuation (~6x EV/EBITDA) supporting ~10% EBITDA CAGR visibility.

indus tower: Vodafone Idea capex push: clear positive read-through for Indus Towers (MOSL)

 29 Jan 2026 09:23 AM

indus tower: Vodafone Idea capex push: clear positive read-through for Indus Towers (MOSL)