Bharti Airtel gains after its arm acquires stake in OneWeb India Communications

15 Apr 2021 Evaluate

Bharti Airtel is currently trading at Rs. 537.00, up by 1.00 points or 0.19% from its previous closing of Rs. 536.00 on the BSE.

The scrip opened at Rs. 539.50 and has touched a high and low of Rs. 546.15 and Rs. 530.50 respectively. So far 226557 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 623.00 on 04-Feb-2021 and a 52 week low of Rs. 394.05 on 19-Oct-2020.

Last one week high and low of the scrip stood at Rs. 549.35 and Rs. 518.70 respectively. The current market cap of the company is Rs. 295828.05 crore.

The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 39.53% and 4.24% respectively.

Bharti Airtel’s wholly owned subsidiary -- Nettle Infrastructure Investments has acquired stake in OneWeb India Communications. OneWeb was incorporated on February 04, 2020 to carry on business activities and network services associated with the communications industry. The objective of acquisition is for establishment and operation of satellite business and related activities.

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

Bharti Airtel Share Price

1334.90 -1.35 (-0.10%)
25-Apr-2024 16:01 View Price Chart
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