Bharti Airtel gains as its arm achieves 100 million subscribers base

30 Aug 2019

Bharti Airtel is currently trading at Rs. 344.80, up by 1.30 points or 0.38% from its previous closing of Rs. 343.50 on the BSE.

The scrip opened at Rs. 345.40 and has touched a high and low of Rs. 349.30 and Rs. 338.95 respectively. So far 87162 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 378.75 on 08-Aug-2019 and a 52 week low of Rs. 254.29 on 22-Oct-2018.

Last one week high and low of the scrip stood at Rs. 368.00 and Rs. 335.95 respectively. The current market cap of the company is Rs. 177514.56 crore.

The promoters holding in the company stood at 62.71%, while Institutions and Non-Institutions held 35.19% and 2.10% respectively.

Bharti Airtel’s subsidiary -- Airtel Africa has achieved the 100-million customers mark. Airtel Africa claims to be the second-largest mobile operator in Africa in terms of number of active subscribers. From peak customer base of around 381 million in June 2017, subscriber base of Bharti Airtel has now dipped to 324 million in two years.

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

Related Bharti Airtel Ltd. Links:

Bharti Airtel Share Price

474.35 6.50 (1.39%) Sep 22, 13:25
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719