Bharti Airtel is trading in fine fettle ever after the release of ‘Indian Telecom Services Performance Indicators (January-March, 2012)’ report by Telecom Regulatory Authority of India (TRAI), where the company continues to maintain its leadership position, in terms of market share, with a user base of 184.55 million at the end of March 2012.
Bharti Airtel is currently trading at Rs. 300.10, up by 2.55 points or 0.86 % from its previous closing of Rs. 297.55 on the BSE.
The scrip opened at Rs. 298.70 and has touched a high and low of Rs. 301.65 and Rs. 296.25 respectively. So far 149047 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 428.70 on 04-Aug-2011 and a 52 week low of Rs. 280.10 on 23-May-2012.
Last one week high and low of the scrip stood at Rs. 313.70 and Rs. 295.70 respectively. The current market cap of the company is Rs. 114039.83 crore.
The promoters holding in the company stood at 68.50% while Institutions and Non-Institutions held 25.28% and 6.23% respectively.
Amidst intensifying competition and newcomers starting operations, the subscriber addition has only accelerated. The number of telephone subscriber in the country grew from 926.53 million at the end of December 2011 to 951.34 million as at the end of March 12, registering a growth of 2.68% over the previous quarter as against 2.16% during the quarter ended December-11.
These figures also reflect year-on-year (Y-O-Y) growth of 12.41% over the same quarter of last year. The overall tele-density in India has reached 78.66 as of March 31, 2012.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1758.15 |
| Vodafone Idea | 12.19 |
| Indus Towers | 410.70 |
| Tata Communications | 1571.35 |
| Bharti Hexacom Ltd. | 1466.35 |
| View more.. | |
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