Tata Mutual Fund entered Indus Towers Limited with 2,91,55,372 shares, representing a 1.11% stake in the company. The position is worth ₹1176.60 crore, calculated at a share price of ₹403.50.
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.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.
