Bharti Infratel is trading at Rs 192.50, up by 1.30 points or 0.68% from its previous close of 191.20 on Friday. The scrip opened at Rs 189.10 and has touched a high of Rs 195.35 and new low of Rs 184.90. So far, 12,07,000 shares were traded on the counter.
The company had fixed the issue price at Rs 220 a share for institutional and high net worth individuals (HNI’s) and Rs 210 a share for retail investors. The shares were admitted for trading on the bourses on December 28, 2012.
Bharti Infratel, the telecom tower operator controlled by India’s biggest phone services company, gained momentum on reports of the company’s shares being added to the FTSE Large Cap Index from January 7, 2013 onwards in accordance with FTSE Global Equity Index Series Ground rule. Meanwhile, the stock will also be added to FTSE All-Emerging Index.
