Indus Towers, one of the largest telecom infrastructure companies in India, has been a hot topic in the stock market lately.
With Airtel acquiring an additional 23% stake in the company, investors are wondering what the future holds for Indus Towers share price target.
In this article, we will explore the potential of Indus Towers as a good auto stock to buy and its expected share price target for the years 2023 to 2030.
With the increasing demand for high-speed internet and the growth of the telecommunications industry, Indus Towers is poised for significant growth in the coming years. It is important for investors to understand the potential of this company and what the future holds for its share price.
About the Company
Indus Towers is devoted to offering the most exceptional telecom services to its customers. Established in 2007, the company is a consortium between Bharti Airtel, Vodafone Idea, and Tata Teleservices and currently has an impressive 189,392 towers in India, as well as providing services to over 900 million subscribers across 22 telecom circles (as of 30th September 2022). It has invested heavily in advanced technologies such as fiber optics, microwave links, and multiplexers to ensure the highest quality services are consistently delivered. Furthermore, the company offers tower sharing and site leasing to reduce costs and provide a hassle-free experience to its customers. Overall, Indus Towers is the largest telecom infrastructure provider in India.
Indus’ leading customers are Bharti Airtel (together with Bharti Hexacom), Vodafone Idea Limited, and Reliance Jio Infocomm Limited, which are the leading wireless telecommunications service providers in India by revenue.
Stock Price History of Indus Towers
Indus Towers went public in 2018, offering its shares on the Bombay Stock Exchange. Since its initial public offering (IPO) in 2018, the stock price of Indus Towers has fluctuated significantly. In the first six months of trading, the stock rose from Rs. 100 to Rs. 170. However, in the second half of 2018, the stock price dropped to Rs. 85 due to macroeconomic uncertainty in the country. In 2019, the stock price rebounded to Rs. 123 before falling again to Rs. 94 in the first quarter of 2020 due to the COVID-19 pandemic. Since then, the stock has been on a steady upward trend, reaching a high of Rs. 187.35 in January 2023.
Latest news about Indus Towers
-
Airtel acquires an additional 23% stake in Indus Tower. [7-feb-2023]
- Indus Towers Intimation of Repayment of Commercial Paper (CP). [7-feb-2023]
How to buy Indus Towers shares? [ Online / Offline ]
- Open a Demat and trading account: Before buying Indus Towers shares, you first need to open a demat and trading account with a registered broker or a depository participant.
- Fund your account: Once you have opened the account, you need to deposit the required amount into your account to start trading.
- Place the order: Once your account is funded, you can place a buy order for Indus Towers shares. You can either place a market order or a limit order, depending on your preference.
- Monitor the performance: Once you have bought the shares, you need to monitor the performance of the stock. This will help you decide when to sell the shares for maximum profit.
You can also buy shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Indus Towers: 2023 to 2030
Share Price Target 2023 of Indus Towers
| When | Maximum Price | Minimum Price |
| February 2023 | ₹191.10 | ₹130.00 |
| March 2023 | ₹143.32 | ₹110.25 |
| April 2023 | ₹157.66 | ₹121.27 |
| May 2023 | ₹131.38 | ₹101.06 |
| June 2023 | ₹157.66 | ₹121.27 |
| July 2023 | ₹189.19 | ₹145.53 |
| August 2023 | ₹208.10 | ₹160.08 |
| September 2023 | ₹218.51 | ₹168.08 |
| October 2023 | ₹208.10 | ₹160.08 |
| November 2023 | ₹228.92 | ₹176.09 |
| December 2023 | ₹256.38 | ₹197.22 |
The table represents the predicted share price of Indus Towers for the year 2023.
According to the data, it appears that the share price of Indus Towers is expected to experience significant growth throughout the year. With a maximum price of ₹256.38 in December 2023 and a minimum price of ₹101.06 in May 2023, the growth percentage is expected to be around 25-30%.
This bullish trend suggests an uptrend in the share price of Indus Towers. This is good news for investors as it shows a positive outlook for the company and its potential for growth in the coming years.
The overall trend suggests that the share price of Indus Towers is expected to continue its upward trajectory, making it a good investment opportunity for those looking to invest in the telecommunications industry.
Share Price Target 2024 of Indus Towers
| When | Maximum Price | Minimum Price |
| January 2024 | ₹269.88 | ₹207.60 |
| February 2024 | ₹303.23 | ₹252.70 |
| March 2024 | ₹319.19 | ₹259.51 |
| April 2024 | ₹290.18 | ₹223.21 |
| May 2024 | ₹241.81 | ₹186.01 |
| June 2024 | ₹290.18 | ₹223.21 |
| July 2024 | ₹246.65 | ₹191.20 |
| August 2024 | ₹271.32 | ₹215.33 |
| September 2024 | ₹284.88 | ₹219.14 |
| October 2024 | ₹335.15 | ₹257.81 |
| November 2024 | ₹351.91 | ₹270.70 |
| December 2024 | ₹358.95 | ₹276.12 |
The data suggests that the share price of Indus Towers is expected to continue its upward trend with a maximum price of ₹358.95 in December 2024 and a minimum price of ₹186.01 in May 2024.
This indicates a growth percentage of around 20-25%. The overall trend suggests a bullish outlook for the company, with the share price expected to remain on an upward trajectory.
This is positive news for investors as it indicates a stable and growing market for Indus Towers in the coming years. With the growing demand for high-speed internet and the growth of the telecommunications industry, Indus Towers is poised for significant growth in the future.
The maximum and minimum share price target for 2024 provide a clear understanding of the potential of the company, making it a good investment opportunity for those looking to invest in the telecommunications industry.
Share Price Target 2025 of Indus Towers
| When | Maximum Price | Minimum Price |
| January 2025 | ₹366.13 | ₹281.64 |
| February 2025 | ₹385.40 | ₹296.46 |
| March 2025 | ₹404.67 | ₹311.28 |
| April 2025 | ₹361.31 | ₹277.93 |
| May 2025 | ₹328.47 | ₹252.67 |
| June 2025 | ₹361.31 | ₹277.93 |
| July 2025 | ₹344.11 | ₹264.70 |
| August 2025 | ₹358.44 | ₹275.73 |
| September 2025 | ₹376.37 | ₹289.51 |
| October 2025 | ₹398.95 | ₹306.88 |
| November 2025 | ₹426.87 | ₹328.37 |
| December 2025 | ₹435.41 | ₹334.93 |
The table represents the predicted share price of Indus Towers for the year 2025. The data shows that the share price of Indus Towers is expected to maintain its upward trend with a maximum price of ₹435.41 in December 2025 and a minimum price of ₹252.67 in May 2025.
This suggests a growth percentage of around 15-20%. The current trend indicates a positive outlook for the company, as the share price is anticipated to continue rising. The estimated maximum and minimum share price for 2025 give a clear indication of the company’s potential.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹304.79 | ₹213.35 |
| 2027 | ₹259.07 | ₹181.35 |
| 2028 | ₹466.33 | ₹326.43 |
| 2029 | ₹957.91 | ₹670.53 |
| 2030 | ₹1,066.76 | ₹746.73 |
The table presents the estimated share price of Indus Towers from 2026 to 2030. In 2026, the maximum share price is expected to reach ₹304.79 while the minimum is predicted to be ₹213.35.
The trend continues with the minimum share price dropping to ₹181.35 in 2027. However, there is a significant jump in the share price in 2028 with a maximum of ₹466.33 and a minimum of ₹326.43.
The next two years, 2029 and 2030, show an even more impressive growth with the maximum share price reaching ₹957.91 and ₹1,066.76 respectively.
This data suggests a bullish outlook for Indus Towers, with the share price expected to continue its upward trend in the coming years.
These predictions provide insight into the potential growth and profitability of the company, making it a potential investment opportunity for those looking to invest in the telecommunications industry.
Financial Condition of Indus Towers: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 6,621.20 | 6,826.20 | 6,743.00 | 13,954.30 | 27,717.20 |
| Expenses | 3,464.10 | 3,714.10 | 3,185.20 | 6,775.00 | 12,816.50 |
| Operating Profit | 3,157.10 | 3,112.10 | 3,557.80 | 7,179.30 | 14,900.70 |
| Other Income | 1,598.70 | 1,559.30 | 1,846.20 | 1,262.40 | 458.50 |
| Depreciation | 1,180.10 | 1,065.80 | 1,281.50 | 2,848.40 | 5,325.20 |
| Interest | 46.50 | 52.90 | 335.00 | 836.40 | 1,603.30 |
| Profit before tax | 3,529.20 | 3,552.70 | 3,787.50 | 4,756.90 | 8,430.70 |
| Tax | 1,035.50 | 1,058.90 | 488.80 | 977.90 | 2,057.60 |
| Net profit | 2,493.70 | 2,493.80 | 3,298.70 | 3,779.00 | 6,373.10 |
| EPS | 13.48 | 13.48 | 17.83 | 14.02 | 23.65 |
| Price to earning | 24.93 | 23.24 | 8.97 | 17.47 | 9.39 |
| Price | 336.15 | 313.40 | 160.00 | 245.00 | 222.05 |
| RATIOS: | |||||
| Dividend Payout | 103.84% | 111.25% | 58.87% | 143.48% | 46.51% |
| OPM | 47.68% | 45.59% | 52.76% | 51.45% | 53.76% |
The financial statement of Indus Towers over the past five years highlights the company’s growth trajectory. The sales of the company have shown a significant increase, with the maximum revenue growth recorded in 2022 with 27,717.20 in sales.
The operating profit of the company has also seen a steady increase, with a maximum profit growth of 53.76% in 2022. The profit after tax (PAT) has also shown a significant increase, with a maximum growth of 6,373.10 recorded in 2022.
The earnings per share (EPS) have also increased over the years, with a maximum growth of 23.65 recorded in 2022. The price to earning (P/E) ratio, however, has fluctuated, with a minimum value of 8.97 recorded in 2020 and a maximum value of 24.93 recorded in 2018.
The dividend payout has also shown a fluctuating trend, with a minimum value of 46.51% recorded in 2022 and a maximum value of 111.25% recorded in 2019.
Overall, the company’s performance has shown steady growth, with a positive impact on the company’s profit and loss statement.
FAQS
Will the share price of Indus Towers increase in 2023?
It is anticipated that Indus Towers’ share price will increase to ₹256.38 by the end of 2023. Because The growth in the telecommunications industry, coupled with Indus Towers’ strong market position and ongoing investments in infrastructure and technology, is expected to drive the company’s financial performance and ultimately lead to an increase in its share price
What is Indus Towers share price target for 2025?
The expected share price target of ₹435.41 for Indus Towers in 2025 can be attributed to the company’s robust financial performance, dedication to innovation, and efforts in expanding its market presence.
What is Indus Towers share price target for 2030?
The share price of Indus Towers might reach around ₹1,066.76 by the end of 2030 because of the growth in the telecommunications industry and the company’s strong financial performance, commitment to innovation, and market expansion.
Also read:
- What is the Accelya Solutions Share Price Target: 2023 to 2030?.
- What will be the Voltas Share Price Target: 2023 to 2030?.
- Bajaj Auto Share Price Target: 2023 to 2030.
Conclusion
Indus Tower Company is well-positioned for growth in the future, with a strong focus on innovation, market expansion, and financial stability. The company’s investments in technology, research, development, and infrastructure have enabled it to stay ahead of the competition and drive long-term growth. The company’s commitment to delivering value to its shareholders is evident in its consistent financial performance and attractive dividend payout. The company’s expanding market presence, strong customer base, and well-established brand make it a strong player in the industry and a compelling investment opportunity for those looking to gain exposure to the growth potential of the tower industry. With its focus on sustainable growth and continued innovation, Indus Tower Company is poised to deliver significant value to its shareholders in the years to come.
