π Indus Towers Rebounds upto 9% After Hitting 52-Week Low
INDUSTOWER
stock surged 4.12% on Friday, Sept 5, 2025, snapping a three-day losing streak. Despite this rebound, the stock ended the week in the red, marking its second consecutive weekly decline. Interestingly, prices recovered nearly 9.3% from the weekly low, signaling strong buying interest at lower levels.
Market buzz suggests the rebound may be linked to reports of promoter Bharti Airtel acquiring 69 lakh shares over the past five sessions. Bharti Airtel, the largest promoter of Indus Towers, already holds a 50% stake (as of June 30, 2025), and its buying activity appears to have supported sentiment.
The stockβs sharp rebound also comes after hitting a 52-week low, hinting at renewed confidence in the company amid promoter support. Investors will now watch if this momentum sustains in the coming sessions.
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