Bharti Airtel shines on offering new tariff plans in Kerala

Bharti Airtel is currently trading at Rs. 313.55, up by 3.75 points or 1.21% from its previous closing of Rs. 309.80 on the BSE.

The scrip opened at Rs. 310.00 and has touched a high and low of Rs. 314.60 and Rs. 310.00 respectively. So far 35876 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 444.70 on 01-Aug-2011 and a 52 week low of Rs. 289.05 on 24-Apr-2012.

Last one week high and low of the scrip stood at Rs. 319.00 and Rs. 307.50 respectively. The current market cap of the company is Rs. 119090.54 crore.

The promoters holding in the company stood at 68.50% while Institutions and Non-Institutions held 25.08% and 6.42% respectively. 

Bharti Airtel has offered new call rates for prepaid customers at the rate 1 paise per 3 seconds for customers in Wayanad, Pathanamthitta, Idukki, Mallapuram, Thrissur, Palakkad and Kottayam districts.

The company's prepaid customers in the region will benefit from new tariffs that promise maximum affordability in the market. Airtel customers in Wayanad, Pathanamthitta and Idukki can now make calls to any mobile in Kerala from these districts at rate of 1paise per 3second without any extra recharge.

The company has posted a fall of 14.34% in its net profit at Rs 1574.30 crore for the quarter ended March 31, 2012 as compared to Rs 1837.90 crore for the same quarter in the previous year.  However total income has increased by 10.78% at Rs 10943.50 crore for quarter under review as compared Rs 9878.40 crore for the quarter ended March 31, 2011.