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Bharti Airtel surges as its arm launches ‘Bharosa Savings Account Services’

Bharti Airtel is currently trading at Rs. 340.05, up by 4.75 points or 1.41% from its previous closing of Rs. 335.75 on the BSE.

The scrip opened at Rs. 337.00 and has touched a high and low of Rs. 342.00 and Rs. 336.05 respectively. So far 67996 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 378.75 on 08-Aug-2019 and a 52 week low of Rs. 254.29 on 22-Oct-2018.

Last one week high and low of the scrip stood at Rs. 350.00 and Rs. 332.65 respectively. The current market cap of the company is Rs. 174435.38 crore.

The promoters holding in the company stood at 62.71%, while Institutions and Non-Institutions held 35.19% and 2.10% respectively.

Bharti Airtel’s subsidiary — Airtel Payments Bank has launched ‘Bharosa’ savings account services, designed for deepening the financial inclusion in the country. Along with convenient banking services, Bharosa savings account would offer Rs 5 lakh personal accident insurance on maintaining balance of Rs 500 along with one debit transaction per month.

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

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