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Bharti Airtel gains on acquiring remaining 26% stake in Augere

01 Jan 2016 Evaluate

Bharti Airtel is currently trading at Rs 341.50, up by 1.60 points or 0.47% from its previous closing of Rs. 339.90 on the BSE.

The scrip opened at Rs 338.00 and has touched a high and low of Rs. 341.50 and Rs. 337.70 respectively. So far 18957 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 452.45 on 21-Jul-2015 and a 52 week low of Rs. 304.65 on 14-Dec-2015.

Last one week high and low of the scrip stood at Rs. 341.20 and Rs. 330.15 respectively. The current market cap of the company is Rs. 136271.37 crore.

The promoters holding in the company stood at 65.45% while Institutions and Non-Institutions held 25.60% and 8.95% respectively.

Bharti Airtel has acquired the remaining balance paid up share capital i.e. 26 percent of Augere and with the said acquisition, Augere has become a wholly owned subsidiary of the company. Earlier, the company had acquired 74% capital of Augere Wireless Broadband India. This is in line with the country’s largest telecom provider’s earlier announcement to acquire Augere that will allow Airtel take its 4G operations to nine circles.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.

Bharti Airtel Share Price

1846.55 6.20 (0.34%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1846.55
Vodafone Idea 9.62
Indus Towers 412.35
Tata Communications 1521.05
Bharti Hexacom Ltd. 1538.30
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