Bharti Airtel climbs higher on the bourses

Bharti Airtel is currently trading at Rs. 251.95, up by 3.95 points or 1.59% from its previous closing of Rs. 248.00 on the BSE.

The scrip opened at Rs. 250.00 and has touched a high and low of Rs. 252.60 and Rs. 250.00 respectively. So far 54,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 417.00 on 02-Sep-2011 and a 52 week low of Rs. 243.50 on 23-Aug-2012.

Last one week high and low of the scrip stood at Rs. 264.00 and Rs. 243.50 respectively. The current market cap of the company is Rs. 95,678.00 crore.

The promoters holding in the company stood at 68.50% while Institutions and Non-Institutions held 25.28% and 6.23% respectively.

The company has reported a fall of 2.63% in its net profit at Rs 1470.00 crore for the first quarter as compared to Rs 1432.30 crore for the same quarter in the previous year. However, the total income from operation of the company has increased by 7.86% at Rs 10980.60 crore for Q1FY13 as compared Rs 10180.50 crore for the corresponding quarter previous year.

On the consolidated basis, the group has reported a decline of 37.28% in its net profit at Rs 762.20 crore for Q1FY13 as compared to Rs 1215.20 crore for Q1FY12. However, the total FY13 income from operation of the group has increased by 14.01% at Rs 19361.90 crore for Q1FY13 as compared Rs 16982.80 crore for the corresponding quarter previous year.