Bharti Airtel zooms on partnering with Axis Bank

Bharti Airtel is currently trading at Rs. 670.70, up by 17.70 points or 2.71% from its previous closing of Rs. 653.00 on the BSE.

bharti airtel installs 100 hops of huaweis 5g technology in six months
bharti airtel installs 100 hops of huaweis 5g technology in six months

The scrip opened at Rs. 643.00 and has touched a high and low of Rs. 676.85 and Rs. 638.90 respectively. So far 299974 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 781.90 on 24-Nov-2021 and a 52 week low of Rs. 489.93 on 25-Mar-2021.

Last one week high and low of the scrip stood at Rs. 689.80 and Rs. 638.90 respectively. The current market cap of the company is Rs. 397308.94 crore.

The promoters holding in the company stood at 55.93%, while Institutions and Non-Institutions held 38.85% and 5.21% respectively.

Bharti Airtel (Airtel) and Axis Bank have entered into a strategic partnership to strengthen the growth of India’s digital ecosystem through a range of financial solutions. In a bid to accelerate adoption of digital payments in the country, over the coming months, Airtel and Axis Bank will bring to market a range of innovative financial offerings and digital services exclusively for Airtel’s 340 million plus customers.

These will include co-branded credit card with industry leading benefits, preapproved instant loans, Buy Now Pay Later offerings and many more. The alliance, with its significant reach across the country will help penetrate tier 2 and tier 3 markets by enabling higher adoption of digitized payments.

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

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