Bharti Infratel is currently trading at Rs. 219.80, up by 4.00 points or 1.85% from its previous closing of Rs. 215.80 on the BSE.
The scrip opened at Rs. 218.45 and has touched a high and low of Rs. 221.75 and Rs. 208.00 respectively. So far 221160 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 333.35 on 20-Mar-2019 and a 52 week low of Rs. 175.35 on 30-Oct-2019.
Last one week high and low of the scrip stood at Rs. 248.70 and Rs. 207.40 respectively. The current market cap of the company is Rs. 39211.69 crore.
The promoters holding in the company stood at 53.51%, while Institutions and Non-Institutions held 45.82% and 0.67% respectively.
Bharti Infratel has extended the deadline for its merger with Indus Towers by two more months to April 24, but cautioned that final call on scheme implementation will be taken by the board based on assessment of telecom crisis and its impact. The final decision to implement the scheme will be taken by the board keeping in mind the best interest of the company and its stakeholders including the assessment of the current crisis facing the telecom industry and the extent of its impact on the company's major customers.
The board of directors has further extended long stop date till April 24, 2020, subject to agreement on closing adjustment and other conditions precedent for closing, with each party retaining the right to terminate and withdraw the scheme.
Bharti Infratel is a provider of tower and related infrastructure, and deploys, owns and manages telecom towers and communication structures for various mobile operators.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1325.50 |
| Vodafone Idea | 14.01 |
| Indus Towers | 353.25 |
| Tata Communications | 1753.55 |
| Bharti Hexacom Ltd. | 894.85 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
