Bharti Airtel's stock is trading at ₹1,595.55, marking an increase of 3.60 points or 0.23% from its previous close of ₹1,591.00 on the Bombay Stock Exchange (BSE).
The stock opened at ₹1,597.00 and reached an intraday high of ₹1,599.00 and a low of ₹1,578.85. A total of 14,401 shares have been exchanged so far.
This BSE 'A' group stock, with a face value of ₹5, hit its 52-week high of ₹1,778.95 on September 26, 2024, and its 52-week low of ₹1,048.40 on January 9, 2024. Over the last week, the stock fluctuated between ₹1,618.60 and ₹1,567.05. Bharti Airtel’s current market capitalization stands at ₹9,67,688.81 crore.
The company’s shareholding pattern shows that promoters hold 53.14%, while institutions and non-institutions own 43.86% and 3.00%, respectively.
In corporate developments, Bharti Airtel has signed a Share Purchase Agreement with iBus Network and Infrastructure to sell its entire 50% stake in Firefly Networks. Once the transaction is finalized, Firefly Networks will no longer remain a joint venture of Bharti Airtel. The deal, valued at ₹4.5 crore, is expected to be completed within 30 business days, subject to fulfillment of closing conditions.
Bharti Airtel remains a major player in telecommunications, operating across Asia and Africa.