Bharti Airtel Ltd.

Bharti Airtel is currently trading at Rs. 415.65, up by 14.35 points or 3.58% from its previous closing of Rs. 401.30 on the BSE.

The scrip opened at Rs. 402.25 and has touched a high and low of Rs. 417.50 and Rs. 402.25 respectively. So far 133157 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 425.70 on 13-Apr-2015 and a 52 week low of Rs. 326.75 on 14-Jul-2014.

Last one week high and low of the scrip stood at Rs. 417.50 and Rs. 391.00 respectively. The current market cap of the company is Rs. 165852.13 crore.

The promoters holding in the company stood at 65.37% while Institutions and Non-Institutions held 25.43% and 9.19% respectively.

UK’s Vodafone Group Plc has reportedly sold its holding in Bharti Airtel, India’s top telecom operator, for $200 million to Bharti Enterprises to conform with regulatory needs. The disposal follows the new Unified Licence regime in India published by the Department of Telecoms, which prohibits the holding by a group of an interest in more than one licensee company in the same service area.

Vodafone's Indian unit, the country’s No. 2 carrier, is Bharti Airtel’s closest competitor in the market. Vodafone had bought a 10% stake in Bharti Airtel in 2005 and sold a part of it in 2007 post its acquisition of Hutchison-Essar, now renamed Vodafone India.

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