Indus Towers Limited
SBI Mutual Fund reduced its stake in Indus Towers from 4.20% to 4.08%, selling 31,85,776 shares.
A leading telecom infrastructure provider in India, Indus Towers designs, builds, and maintains wireless communication towers for mobile network operators across the country. The company operates an extensive portfolio of towers, offering colocation and related services to enable connectivity for multiple operators. As a neutral host infrastructure platform, it maintains operational independence while providing technical expertise in tower management and network expansion.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.