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Bharti Airtel gains on unveiling Airtel money across India

Bharti Airtel Ltd. | Telecommunication - Service Provider | Telecom | BSE: 532454 | NSE: BHARTIARTL

24 Feb 2012 Evaluate

Bharti Airtel is currently trading at Rs. 340.00, up by 1.65 points or 0.49% from its previous closing of Rs. 338.35 on the BSE.

The scrip opened at Rs. 347.00 and has touched a high and low of Rs. 347.00 and Rs. 338.05 respectively. So far 222627 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 444.70 on 01-Aug-2011 and a 52 week low of Rs. 309.00 on 15-Mar-2011.

Last one week high and low of the scrip stood at Rs. 362.90 and Rs. 334.00 respectively. The current market cap of the company is Rs. 128964.12 crore.

The promoters holding in the company stood at 68.50% while Institutions and Non-Institutions held 25.70% and 5.81% respectively.

Bharti Airtel, through its wholly owned subsidiary Airtel M Commerce Services (AMSL), has launched Airtel money - country’s first of its kind mobile wallet service by a mobile operator on pan India basis. Available across 300 key cities in India - Airtel money is a fast, simple and secure service that allows its users to load cash on their mobile devices.

Apart from serving as an easy alternative to cash / card payment options, Airtel money has now become the first mobile based service to offer customers the convenience of instant money transfer from an Airtel money wallet to another Airtel money wallet and bank accounts. With this, customers can now make payments and transfer money across the country.

The national availability of Airtel money follows the success of service’s first phase of launch in Delhi NCR and Chennai in 2011. For Airtel money Power Accounts, Airtel has established merchant partnerships with over 1,800 brands across the country - this includes utility providers; state electricity boards etc.

Bharti Airtel Share Price

1854.80 9.75 (0.53%)

21-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1854.80
Vodafone Idea	9.56
Indus Towers	414.90
Tata Communications	1513.50
Bharti Hexacom Ltd.	1556.40
View more..

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Bharti Airtel gains on unveiling Airtel money across India

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