Indus Towers is currently trading at RS. 401.00, showing a marginal rise of 0.30 points or 0.07% from its previous close of RS. 400.70 on the BSE.

The stock opened at RS. 400.85 and recorded an intraday high of RS. 404.00 and a low of RS. 397.10. A total of 58,498 shares have changed hands so far.

Classified under BSE group 'A', the stock with a face value of RS. 10 hit a 52-week high of RS. 460.70 on September 2, 2024, and a 52-week low of RS. 292.00 on June 4, 2024. Over the past week, the scrip’s high and low were RS. 421.30 and RS. 384.70, respectively. The company's current market capitalization stands at RS. 105526.51 crore.

The company’s shareholding pattern includes 50.00% held by promoters, 44.83% by institutions, and 5.16% by non-institutional investors.

In a significant development, the Indian Institute of Technology Bombay (IIT Bombay) has signed an agreement with Indus Towers to collaborate on two innovative research initiatives focused on sustainable energy.

The first project aims to develop perovskite solar cell technology that can outperform conventional silicon PV cells, targeting higher efficiency without raising costs. This indigenous technology has applications in both terrestrial and space-based solar energy systems.

The second initiative addresses agricultural waste management and energy storage. It aims to create a scalable solution to convert rice straw, a widely available agricultural byproduct, into doped hard carbon materials suitable for energy storage systems.

Indus Towers is a leading telecom tower infrastructure service provider in India, responsible for deploying, owning, and managing telecom towers and communication infrastructure for multiple mobile operators.