Indus Towers Dips Despite Bharti Airtel's Increased Stake

• Indus Towers shares trade lower despite promoter Bharti Airtel increasing its stake through open market purchases.
• Bharti Airtel acquired an additional 4.20 lakh shares recently, bringing its total purchases since February 5 to 53 lakh shares.
• Bharti Airtel's stake in Indus Towers has risen to 51.22% from 51.03% as of December 2025.
• Citi reiterates 'Buy' rating with a price target of ₹540, citing potential catalysts like Vodafone Idea's debt closure and AGR reassessment.
• Bharti's incremental stake acquisition is seen as a positive signal, reinforcing confidence in Indus Towers' outlook.