SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bharti Airtel moves up on entering into strategic agreement with GBI

07 Mar 2018 Evaluate

Bharti Airtel is currently trading at Rs. 414.40, up by 0.55 points or 0.13% from its previous closing of Rs. 413.85 on the BSE.

The scrip opened at Rs. 411.50 and has touched a high and low of Rs. 416.00 and Rs. 411.05 respectively. So far 59277 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 565.00 on 03-Nov-2017 and a 52 week low of Rs. 325.50 on 22-Mar-2017.

Last one week high and low of the scrip stood at Rs. 436.70 and Rs. 411.05 respectively. The current market cap of the company is Rs. 165652.26 crore.

The promoters holding in the company stood at 67.14%, while Institutions and Non-Institutions held 30.88% and 1.99% respectively.

Bharti Airtel and Gulf Bridge International (GBI), a global cloud provider for the Middle-East and Europe, have entered into a strategic agreement to unlock the capacity on GBI's India-Middle East-Europe submarine cable system. Under this agreement, Airtel through its subsidiary has acquired the rights to use significant capacity on Middle East-Europe leg of GBI's cable system.

GBI’s cable asset will complement Bharti Group's existing global network and add significant long term bandwidth capacity, enabling it to serve the booming data demand across emerging markets like India and Africa.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa. The company ranks amongst the top 3 mobile service providers globally in terms of subscribers.

Bharti Airtel Share Price

1842.10 -8.05 (-0.44%)
29-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1842.10
Vodafone Idea 14.42
Indus Towers 394.10
Tata Communications 1992.25
Bharti Hexacom 1441.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: