Bharti Airtel stock at new high, up 5%; surpasses ICICI Bank in market cap

Bharti Airtel today stood at fourth position in terms of stock market capitalisation, with a combined, including its partly-paid up share capital, touching Rs 7.62 trillion levels.

Shares of Bharti Airtel surpassed ICICI Bank in market capitalisation (market cap) ranking as the stock price of telecom services provider hit a new high of Rs 1,281.40, gaining 5 per cent in Thursday’s intra-day trade on healthy business outlook. The stock surpassed its previous high of Rs 1,244.95 touched on March 22, 2024.

Meanwhile, shares of Bharti Airtel partly-paid (PP) hit a new high of Rs 910.05 as they surged 9 per cent in intra-day trade.

A sharp rally in Bharti Airtel stock price has helped the combined market cap of Bharti Airtel (Rs 7.26 trillion) and Bharti Airtel