Bharti Airtel Ltd.

BSE: 532454 | NSE: BHARTIARTL
Large Cap | Telecommunication - Service Provider
1966.80
9.75 (0.50%)
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Bharti Airtel gains on plan to sell 55 million equity shares of Bharti Infratel

Date: 26-02-2015

Bharti Airtel is currently trading at Rs 349.00, up by 1.20 points or 0.35% from its previous closing of Rs. 347.80 on the BSE.

The scrip opened at Rs. 351.00 and has touched a high and low of Rs 352.80 and Rs. 348.75 respectively. So far 24818 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs 419.90 on 19-Sep-2014 and a 52 week low of Rs. 282.30 on 05-Mar-2014.

Last one week high and low of the scrip stood at Rs 358.70 and Rs 341.00 respectively. The current market cap of the company is Rs 139029.58 crore.

The promoters holding in the company stood at 65.37%, while Institutions and Non-Institutions held 24.95% and 9.67% respectively.

Bharti Airtel, a leading global telecommunications company, has decided to sell up to 55 million equity shares (with an upsize option of up to 17.5 million additional equity shares) of its subsidiary company Bharti Infratel on February 26, 2015 through stock exchanges. The transaction is subject to market conditions.

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.