Bharti Airtel shines as its OTT music streaming app sees surge in popularity amongst smartphone users in India

29 Nov 2019 Evaluate

Bharti Airtel is currently trading at Rs. 442.80, up by 6.10 points or 1.40% from its previous closing of Rs. 436.70 on the BSE.

The scrip opened at Rs. 440.00 and has touched a high and low of Rs. 448.15 and Rs. 435.55 respectively. So far 343549 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 455.65 on 25-Nov-2019 and a 52 week low of Rs. 259.11 on 11-Dec-2018.

Last one week high and low of the scrip stood at Rs. 455.65 and Rs. 421.00 respectively. The current market cap of the company is Rs. 227089.31 crore.

The promoters holding in the company stood at 62.70%, while Institutions and Non-Institutions held 35.53% and 1.74% respectively.

Wynk Music, the OTT music streaming app from Bharti Airtel, is seeing a surge in its popularity amongst smartphone users in India.

Based on October 2019 data from App Annie, Wynk Music is now the number one music streaming app in India in terms of Daily Active Users. The performance metric underlines the massive user preference for Wynk Music when it comes to consuming music on smartphone.

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

Bharti Airtel Share Price

1236.20 11.50 (0.94%)
28-Mar-2024 16:01 View Price Chart
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