Bharti Airtel's shares are currently trading at Rs. 1705.90, marking a gain of 3.15 points or 0.18% from its last close of Rs. 1702.75 on the BSE.
The stock opened at Rs. 1704.95, reaching a high of Rs. 1715.20 and a low of Rs. 1685.00 during the session. A total of 193,505 shares have been traded so far.
With a face value of Rs. 5, the stock, part of the BSE group 'A,' hit its 52-week high of Rs. 1778.95 on September 26, 2024, and a low of Rs. 896.00 on November 1, 2023. Over the past week, it has seen a high of Rs. 1742.05 and a low of Rs. 1679.00. Bharti Airtel's current market capitalization stands at Rs. 1,040,824.27 crore.
The company’s promoter holding is 53.17%, while institutional investors hold 43.87% and non-institutional investors 2.95%.
Bharti Airtel recently completed the deployment of additional spectrum that it acquired in July 2024. This includes the installation of 5MHz on the 2100 MHz band, which will enhance its 5G and 4G networks, resulting in faster data speeds and improved indoor coverage in both urban and rural areas.
With this deployment, customers in cities like Agra, Aligarh, Meerut, Bareilly, Moradabad, and Dehradun can expect better service quality for voice and data. The company is also expanding its coverage along highways and rail routes and strengthening its rural network to meet the growing demand for connectivity.
Bharti Airtel is a prominent telecom provider operating across Asia and Africa.