Bharti Airtel Ltd.

BSE: 532454 | NSE: BHARTIARTL
Large Cap | Telecommunication - Service Provider
1966.10
-2.05 (-0.10%)
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Bharti Airtel gains on the buzz of extending 4G trials in Mumbai

Date: 02-06-2015

Bharti Airtel is currently trading at Rs. 418.50, up by 2.20 points or 0.53% from its previous closing of Rs. 416.30 on the BSE.

The scrip opened at Rs. 419.00 and has touched a high and low of Rs. 424.35 and Rs. 415.00 respectively. So far 1,21,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 434.70 on 29-May-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. 434.70 and Rs. 397.90 respectively. The current market cap of the company is Rs. 1,67,291.00 crore.

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

Bharti Airtel is reportedly extending its 4G trials launched in Mumbai to customers on other networks, and will provide the services at 3G prices.

On May 16, the company had launched 4G trials in Mumbai and had offered a complimentary upgrade for its customers. Now, given the interest expressed by other customers, Airtel is offering 4G trials to select users as well. The company has also launched a new partnership with Flipkart and Motorola under which it will offer Rs 500 cash-back on the Moto E 4G purchased from Flipkart.

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.