Bharti Airtel Ltd.

Bharti Airtel is currently trading at Rs. 321.95, up by 12.10 points or 3.91% from its previous closing of Rs. 309.85 on the BSE.

The scrip opened at Rs. 311.95 and has touched a high and low of Rs. 322.55 and Rs. 311.90 respectively. So far 253295 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. 280.10 on 23-May-2012.

Last one week high and low of the scrip stood at Rs. 322.55 and Rs. 302.40 respectively. The current market cap of the company is Rs. 121046.27 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, a leading global telecommunications company with operations in 20 countries across Asia and Africa is introducing customized cloud computing services for small and medium business enterprises (SMEs). The company is going to offer this service in partnership with Hewlett Packard (HP).

HP will offer infrastructure-as-a-service and software-as-a-service to small businesses of sizes as low as five employees in a company to 500 people. HP will also take care of security concerns on bring-your-own-device for employees with Airtel using its own data centers situated in the country. 

Cloud services are part of Airtel’s business-to-business (B2B) vertical and the partnership with HP would benefit both the companies to create more ecosystem and growth.