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Bharti Airtel rings loudly after its arm acquires additional 4.94% stake in Bharti Infratel

04 Dec 2020 Evaluate

Bharti Airtel is currently trading at Rs. 495.90, up by 15.95 points or 3.32% from its previous closing of Rs. 479.95 on the BSE.

The scrip opened at Rs. 486.35 and has touched a high and low of Rs. 496.90 and Rs. 483.35 respectively.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 611.70 on 20-May-2020 and a 52 week low of Rs. 381.05 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 496.90 and Rs. 460.55 respectively.

The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 39.29% and 4.45% respectively.
Bharti Airtel’s wholly owned subsidiary -- Nettle Infrastructure Investments has acquired an additional equity stake of around 4.94% in Bharti Infratel on December 02, 2020 for Rs 2,882.32 crore. With this transaction, Bharti Airtel's total direct and indirect stake in its mobile tower arm Infratel has increased to 41.66%. Before the acquisition, Bharti Airtel and Nettle held 23.04% and 13.69% stake, respectively in Infratel.

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

Bharti Airtel Share Price

1758.15 -76.75 (-4.18%)
11-May-2026 16:59 View Price Chart
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