Case study

INDUSTOWER

Indus Towers

Worth a closer look1y model +5.6%

Each stock's 10,000-path forecast, rendered as light.

0Score

Indus Towers (INDUSTOWER) Stock Analysis & Case Study

Is INDUSTOWER a good buy? The data-driven verdict.

Indus Towers (INDUSTOWER) trades at ₹413,on the numbers it worth a closer look, a Downstox Snapshot Score of 60/100.

On the numbers, Indus Towers (INDUSTOWER) worth a closer look, a Downstox Snapshot Score of 60/100, weighing fairly valued at 15.3× earnings, ROE of 19.8%, a 57% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

INDUSTOWER fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹1.09L Cr
Current price
₹413
P/E ratio
15.3×
P/B ratio
2.75×
Book value
₹150
ROCE
19.5%
ROE
19.8%
Piotroski F-Score
3/9

Is INDUSTOWER overvalued? INDUSTOWER P/E vs its sector

INDUSTOWER's P/E of 15.3× sits above the sector peer median of 15.3×, so on earnings it screens in line with peers.

INDUSTOWER P/E
15.3×
Peer median P/E
15.3×
Peer median yield
1.66%

INDUSTOWER share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of INDUSTOWER history (10%/yr drift, 30%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
INDUSTOWER 2027₹295₹434₹637+6%
INDUSTOWER 2028₹265₹459₹791+12%
INDUSTOWER 2029₹245₹483₹951+17%
INDUSTOWER 2030₹234₹510₹1,094+24%
INDUSTOWER 2031₹228₹539₹1,273+31%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability INDUSTOWER goes up, or doubles?

57%
Higher in 1 year
Modelled chance the price is above today in 12 months
65%
Higher in 5 years
Modelled chance the price is above today in 5 years
26%
Doubles in 5 years
Modelled chance of reaching ₹822 within 5 years

The bull case for INDUSTOWER

  • A 15.3× P/E sits in the fair-value band, neither cheap nor stretched.
  • High return on equity (19.8%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise.
  • Strong ROCE (19.5%) shows the core business earns well above its cost of capital.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹951.

The bear case & risks

  • A low Piotroski F-Score of 3/9 flags weaker financial health this cycle, worth understanding why before committing.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹245.

INDUSTOWER volatility & expected range, how bumpy is the ride?

Over the last 2.0 years INDUSTOWER compounded at 10%/year with annualized volatility of 30%. That volatility implies a 1-year 80% range of ₹295₹637, the honest backbone behind any single price target.

INDUSTOWER price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
5.6%
80% range₹295–₹637
P(price ↑)57%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
17.3%
80% range₹245–₹951
P(price ↑)62%
P(price 2×)16%
5-Year Forecast
2031
₹0
Median (P50)
31.0%
80% range₹228–₹1,273
P(price ↑)65%
P(price 2×)26%

INDUSTOWER price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
INDUSTOWER simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds INDUSTOWER hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the INDUSTOWER price target & forecast page.

INDUSTOWER Piotroski F-Score: 3/9, how financially strong is it?

3/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. INDUSTOWER scores 3/9,weak on the financial-strength checks.

INDUSTOWER MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy INDUSTOWER with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox29.4%3.4×
Zerodha25.1%4.0×
DhanCHEAPEST24.0%4.2×

Compare every broker on the INDUSTOWER MTF page.

INDUSTOWER vs peers,sector comparison

StockP/EDiv yieldMarket cap
INDUSTOWER (this stock)15.3×₹1.09L Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About Indus Towers: sector, index & market-cap context

Indus Towers (INDUSTOWER) is a large-cap NSE-listed company, and a constituent of the Nifty 50 index group, with a market capitalisation of ₹1.09L Cr. See more Nifty 50 stocks.

How the INDUSTOWER Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Indus Towers's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

INDUSTOWER analysis, FAQs

Is Indus Towers (INDUSTOWER) a good buy?

On the numbers, Indus Towers (INDUSTOWER) worth a closer look, a Downstox Snapshot Score of 60/100, weighing fairly valued at 15.3× earnings, ROE of 19.8%, a 57% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is INDUSTOWER overvalued or undervalued?

INDUSTOWER trades at 15.3× earnings versus a peer median of 15.3×, so it screens richer than its sector peers.

What is the INDUSTOWER share price target for 2031?

INDUSTOWER's probability-weighted 2031 median target is ₹539, with an 80% range of ₹228₹1,273 (10,000-path Monte-Carlo).

What is the probability INDUSTOWER doubles in 5 years?

The modelled probability of INDUSTOWER reaching ₹822 (2×) within 5 years is 26%.

What is the bull case for INDUSTOWER?

A 15.3× P/E sits in the fair-value band, neither cheap nor stretched. High return on equity (19.8%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise. Strong ROCE (19.5%) shows the core business earns well above its cost of capital.

What are the risks in INDUSTOWER?

A low Piotroski F-Score of 3/9 flags weaker financial health this cycle, worth understanding why before committing.

More on INDUSTOWER