Two-player market buzz propels Airtel m-cap to record high of Rs 2.22 trn

The company has a valuation of Rs 2.22 trillion, up from Rs 1.33 trillion a year ago

As the talk of a two-player market in mobile telephony gets stronger in the market, Bharti Airtel has become one of the most-loved large-cap stocks on the bourses, with a record high market capitalisation and stock valuation

This is despite record losses posted by the company in the recent quarter and its pending adjusted gross revenue (AGR) dues worth about Rs 31,000 crore.

Bharti Airtel stock price is up nearly 45 per cent in the past 12 months while its market capitalisation is up nearly 67 per cent during the period. At its current stocks price, the company has a