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Bharti Airtel shares surge 5%, near record high of Rs 569

The stock was trading higher for the third straight day, up 5% at Rs 563 on the BSE.

Bharti Airtel, Airtel Africa
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According to analysts, Covid-19 outbreak has shown limited impact on the telecom sector

SI Reporter Mumbai
Shares of Bharti Airtel continued their northward journey for the third straight day, up 5 per cent at Rs 563, on the BSE on Tuesday. The stock was trading close to its record high level of Rs 569 touched on February 17, 2020.

The stock of the telecom services provider has rallied 16 per cent in the two weeks, as compared to a 2.2 per cent decline in the S&P BSE Sensex. On April 28, Finnish telecom gear maker Nokia announced signing a deal worth Rs 7,500 crore with Bharti Airtel to enhance the mobile operator’s network capacity in