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Bharti Airtel gains on partnering with Matter Motor Works

Bharti Airtel Ltd. | Telecommunication - Service Provider | Telecom | BSE: 532454 | NSE: BHARTIARTL

20 Jun 2023 Evaluate

Bharti Airtel is currently trading at Rs. 831.05, up by 3.00 points or 0.36% from its previous closing of Rs. 828.05 on the BSE.

The scrip opened at Rs. 829.70 and has touched a high and low of Rs. 833.15 and Rs. 827.00 respectively. So far 19757 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 888.00 on 31-May-2023 and a 52 week low of Rs. 629.05 on 14-Jul-2022.

Last one week high and low of the scrip stood at Rs. 840.00 and Rs. 819.00 respectively. The current market cap of the company is Rs. 495245.16 crore.

The promoters holding in the company stood at 55.02%, while Institutions and Non-Institutions held 40.88% and 4.09% respectively.

Bharti Airtel has entered into strategic partnership with Matter Motor Works to deploy Airtel’s IoT solution in Matter AERA, India’s first and only geared electric motorbike. As part of the partnership, Airtel will enable advanced automotive grade E-Sims on all Matter AERA bikes, for which the pre-booking opened on May 17. In the first phase, 60,000 Matter bikes will be enabled with Airtel E- Sims with advanced IOT features, offering a smart and connected experience on Airtel’s pan India superior network.

Matter plans to produce over 300,000 such bikes over the next three years. Airtel's advanced IoT platform, ‘Airtel IoT Hub’, will help with the real time tracking of these vehicles, monitoring performance with advanced analytics while maintaining extremely high reliability augmented by telco grade security.

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

Bharti Airtel Share Price

1814.70 -25.95 (-1.41%)

24-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1814.70
Vodafone Idea	9.52
Indus Towers	402.15
Tata Communications	1518.95
Bharti Hexacom Ltd.	1532.65
View more..

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Bharti Airtel gains on partnering with Matter Motor Works

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