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Bharti Airtel rises with its arm applying for in-flight connectivity licence

14 Mar 2019 Evaluate

Bharti Airtel is currently trading at Rs. 341.75, up by 4.40 points or 1.30% from its previous closing of Rs. 337.35 on the BSE.

The scrip opened at Rs. 338.45 and has touched a high and low of Rs. 343.35 and Rs. 334.95 respectively. So far 255319 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 429.00 on 15-Mar-2018 and a 52 week low of Rs. 277.00 on 22-Oct-2018.

Last one week high and low of the scrip stood at Rs. 356.40 and Rs. 307.60 respectively. The current market cap of the company is Rs. 136191.42 crore.

The promoters holding in the company stood at 67.14%, while Institutions and Non-Institutions held 31.03% and 1.83% respectively.

Bharti Airtel’s subsidiary -- Indo Teleports has applied to the Telecom Department for in-flight connectivity licence, that allows service providers to offer connectivity and data services to Indian and foreign airlines.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Peers
Company Name CMP
Bharti Airtel 1828.75
Vodafone Idea 14.37
Indus Towers 384.80
Tata Communications 1691.55
Railtel Corp. India 267.35
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