Price war worries cloud Bharti Tele-Ventures
DALAL STREET SPIKES
| BTL, on Tuesday, slashed call charges for its postpaid subscribers to match similar moves by rivals and widen its userbase in a hotly competitive market. |
| Bharti Tele stock has been on a decline of late. From Rs 158.50 on August 12, the stock has now lost nearly 14 per cent to Wednesday's close of Rs 137.15. |
| Hectic activity was witnessed at the counter with more than 6.27 lakh shares changing hands at this counter on BSE. |
| BTL, on Tuesday, announced that it has cut local call tariffs for postpaid customers by 50 per cent to Re 1 per minute. The counter witnessed huge volumes of more than 20.4 lakh shares on the NSE. |