Indus Towers Ltd traded at 384.90 this Tuesday August 25th, increasing 10.65 or 2.85 percent since the previous trading session. Looking back, over the last four weeks, Indus Towers Ltd gained 0.65 percent. Over the last 12 months, its price rose by 11.89 percent. Looking ahead, we forecast Indus Towers Ltd to be priced at 367.33 by the end of this quarter and at 343.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Indus Towers Limited is an India-based provider of telecom infrastructure. The Company deploys, owns, and manages telecom towers and communication structures for various mobile operators. Its offerings include tower, power, space; smart cities; tower operations center, and green technology. It deploys the passive physical infrastructure necessary to house the active equipment - the base transceiver station, transmission link, and microwave antenna. Its towers range from the traditional lattice type structure, such as the ground-based tower and rooftop tower or pole, to aesthetically designed lightweight hybrid poles, monopoles or camouflaged towers that merge with the backdrop. Its towers are powered by either grid-sourced electricity or diesel generators. It acquires the requisite space from residential and commercial property owners for placing its passive infrastructure at various locations. It owns and operates approximately 219,736 towers with 368,588 co-locations.