Thursday , October 28 2021

Bharti Airtel advances on garnering 7% rise in revenue from India mobile services in Q2

Bharti Airtel is currently trading at Rs. 369.40, up by 9.45 points or 2.63% from its previous closing of Rs. 359.95 on the BSE.

The scrip opened at Rs. 363.80 and has touched a high and low of Rs. 370.55 and Rs. 362.05 respectively. So far 151004 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 396.55 on 14-Oct-2019 and a 52 week low of Rs. 256.21 on 31-Oct-2018.

Last one week high and low of the scrip stood at Rs. 378.50 and Rs. 325.60 respectively. The current market cap of the company is Rs. 189343.73 crore.

The promoters holding in the company stood at 62.70%, while Institutions and Non-Institutions held 35.53% and 1.74% respectively.

Bharti Airtel has garnered 7% year-on-year rise in revenue from India mobile services during the September 2019 quarter to Rs 10,981.4 crore, as the subscriber base stood at 279.4 million. Its customer base for India mobile services represented a 15% fall over the year-ago period but seen on a sequential basis, it was 0.9 percent higher than the June quarter.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

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