Bharti Airtel Ltd.

Bharti Airtel is currently trading at Rs. 373.75, up by 4.05 points or 1.10% from its previous closing of Rs. 369.70 on the BSE.

The scrip opened at Rs. 371.50 and has touched a high and low of Rs. 374.50 and Rs. 370.40 respectively. So far 14,000 shares were traded on the counter.

The BSE group 'A ' stock of face value Rs. 5 has touched a 52 week high of Rs. 386.80 on 01-Aug-2014 and a 52 week low of Rs. 281.00 on 04-Sep-2013.

Last one week high and low of the scrip stood at Rs. 375.50 and Rs. 365.00 respectively. The current market cap of the company is Rs. 1,49,402.00 crore.

The promoters holding in the company stood at 65.37% while Institutions and Non-Institutions held 24.90% and 9.72% respectively.

Bharti Airtel’s Airtel Networks Kenya has signed a definitive agreement with Essar Telecommunications Kenya which operates under the brand name ‘yuMobile’, to acquire its over 2.7 million subscribers. The company has taken this step pursuant to approval from the Communication Authority (CA) of Kenya. This transaction is subject to approval from Competition Authority of Kenya (CAK) and is likely to be concluded by fourth quarter of 2014.

Airtel Networks Kenya is a wholly owned subsidiary of Bharti Airtel International Netherlands BV, an arm of Bharti Airtel.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.