Business Standard

Bharti Airtel Shares

Eight-day rally takes Airtel's m-cap over Rs 9.5 trn; stock hits new high

Shares of Bharti Airtel are quoting higher for the eighth straight trading day, having rallied 11 per cent during the period, and taking the company's market capitalisation to over Rs 9.5 trillion.

Eight-day rally takes Airtel's m-cap over Rs 9.5 trn; stock hits new high
Updated On : 30 Aug 2024 | 12:18 PM IST

Nomura raises Bharti Airtel target price post tariff hike, sees 14% upside

In the post-paid segment, tariff adjustments range from 10-20 per cent, with popular plans seeing increases of 10-13 per cent

Nomura raises Bharti Airtel target price post tariff hike, sees 14% upside
Updated On : 01 Jul 2024 | 9:48 AM IST

Morgan Stanley, Citi, Jefferies: Brokerages decode RJio, Airtel tariff hike

In the last two rounds of tariff hikes, Vodafone Idea (Vi) in December 2019 and Bharti (Dec 2021) took the lead, while R-Jio was the last one to raise tariffs

Morgan Stanley, Citi, Jefferies: Brokerages decode RJio, Airtel tariff hike
Updated On : 28 Jun 2024 | 10:39 PM IST

Telecom shares rise up to 7%; Airtel at new high, Voda Idea hits 52-wk high

Shares of Vodafone Idea hit a 52-week high of Rs 18.47, surging 7% amid heavy volumes, surpassing its previous high of Rs 18.42 touched on January 1

Telecom shares rise up to 7%; Airtel at new high, Voda Idea hits 52-wk high
Updated On : 26 Jun 2024 | 3:50 PM IST

How to trade telecom stocks amid spectrum auction? Check key levels

Technical charts suggest a divergent trend for the three key telecom stocks - Reliance Industries, Bharti Airtel and Vodafone Idea.

How to trade telecom stocks amid spectrum auction? Check key levels
Updated On : 26 Jun 2024 | 8:26 AM IST

Bharti Airtel Q4FY24 results: Net profit drops 31% to Rs 2,071 crore

Average revenue per user inches up to Rs. 209, from Rs. 208 in Q3

Bharti Airtel Q4FY24 results: Net profit drops 31% to Rs 2,071 crore
Updated On : 14 May 2024 | 11:53 PM IST

Bharti Airtel signs deal to merge Sri Lankan unit with Dialog Axiata

Airtel Lanka to have 10.35% voting shares in the merged entity, according to agreement

Bharti Airtel signs deal to merge Sri Lankan unit with Dialog Axiata
Updated On : 19 Apr 2024 | 12:10 AM IST

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.

Bharti Airtel stock at new high, up 5%; surpasses ICICI Bank in market cap
Updated On : 18 Apr 2024 | 1:44 PM IST

Bharti Airtel to merge Sri Lanka ops with Dialog Axiata in equity swap deal

Telecom operator Bharti Airtel will merge its Sri Lanka operations with Dialog Axiata in an equity swap deal, a joint statement said on Thursday. Airtel Lanka's turnover in financial year 2023 was Rs 294 crore and it contributed 0.21 per cent to Bharti Airtel's overall business. "Dialog Axiata PLC , Axiata Group Berhad (Axiata) and Bharti Airtel Limited signed a definitive agreement to combine their operations in Sri Lanka," the statement said. Under the agreement, Sri Lanka-based telecom operator Dialog will acquire 100 per cent of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount to 10.355 per cent of the total issued shares of Dialog by way of a share swap, it said. Airtel Sri Lanka commenced commercial operations in Sri Lanka in 2009. "The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted its approval for the proposed merger, underscoring its vision to advance the ..

Bharti Airtel to merge Sri Lanka ops with Dialog Axiata in equity swap deal
Updated On : 18 Apr 2024 | 11:38 AM IST

Mcap of 7 most valued firms climbs Rs 71,301 cr; Bharti Airtel shines

The combined market valuation of seven of the top-10 most valued firms climbed Rs 71,301.34 crore in the holiday-shortened last week, with Bharti Airtel emerging as the lead gainer. In a record-breaking rally last week, the BSE benchmark climbed 374.04 points or 0.50 per cent. Stock markets were closed on Friday for Mahashivratri. The 30-share BSE Sensex on Thursday settled at a new closing peak of 74,119.39. The Nifty also ended at a fresh closing high of 22,493.55. Leading stock exchanges BSE and NSE conducted a special trading session in the equity and equity derivative segments on Saturday (March 2) to check their preparedness to handle major disruption or failure at the primary site. While Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, State Bank of India, Bharti Airtel, Hindustan Unilever and ITC were the gainers, Reliance Industries, Infosys and Life Insurance Corporation of India (LIC) suffered erosion from their market valuation. The valuation of Bharti Airtel j

Mcap of 7 most valued firms climbs Rs 71,301 cr; Bharti Airtel shines
Updated On : 10 Mar 2024 | 10:49 AM IST

SingTel sells 0.8% stake in Bharti Airtel for $711 mn to GQG Partners

Post the transaction, SingTel will hold an effective stake of 29 per cent in Airtel, which would be valued at around S$33 billion

SingTel sells 0.8% stake in Bharti Airtel for $711 mn to GQG Partners
Updated On : 07 Mar 2024 | 12:33 PM IST

Growth prospects, deleveraging to drive gains for Bharti Airtel stock

The ARPU rise has helped operating profit grow by 5.6 per cent (quarter-on-quarter) Q-o-Q in Q1FY24

Growth prospects, deleveraging to drive gains for Bharti Airtel stock
Updated On : 14 Sep 2023 | 11:14 PM IST

Stake buy buzz: Bharti Airtel stock looks weak, Paytm must hold its 200-DMA

Shares of Bharti Airtel may plunged up to 7 per cent on breaking 200-DMA, while Paytm shares need to holds above its 200-DMA to upheld the positive stance.

Stake buy buzz: Bharti Airtel stock looks weak, Paytm must hold its 200-DMA
Updated On : 28 Feb 2023 | 11:24 AM IST

Airtel approves allotment of 71.1 mn shares to Google at Rs 734 per share

Google will hold 1.2 per cent of the total post-issue equity shares of the company, Bharti Airtel said

Airtel approves allotment of 71.1 mn shares to Google at Rs 734 per share
Updated On : 14 Jul 2022 | 3:50 PM IST

Market wrap: Sensex pares gains to end 77 points down; Nifty holds 17,100

Bharti Airtel rises 6% on Google's $1-bn investment plan, erases gains later; PSE stocks surge ahead of Budget; CPSE index gains 1%; Adani Wilmar IPO subscribed 1.08 times on day 2

Market wrap: Sensex pares gains to end 77 points down; Nifty holds 17,100
Updated On : 28 Jan 2022 | 6:30 PM IST

Relief package for telecom sector: Airtel wins big, stock rises over 4%

The stock has gained 43% YTD against 20% jump in RIL and 15% fall in Voda Idea

Relief package for telecom sector: Airtel wins big, stock rises over 4%
Updated On : 21 Sep 2021 | 4:32 PM IST

Sensex, Nifty end marginally higher in volatile trade; Bharti Airtel gains

Benchmark indices Sensex and Nifty managed to end in positive territory after fighting bouts of volatility on Thursday as investors followed risk-off mode in global markets. After a volatile trade, the 30-share Sensex ended 54.81 points or 0.09 per cent higher at 58,305.07 -- its all-time closing high. The NSE Nifty rose 15.75 points or 0.09 per cent to settle at 17,369.25. On the Sensex chart, Bharti Airtel was the top gainer, followed by Nestle India, Tata Steel, Bajaj Finserv, HCL Tech and ITC. On the other hand, Titan, UltraTech Cement, Bajaj Auto, HDFC Bank and Axis Bank were among the laggards. Of the Sensex constituents, 18 shares logged gains and 12 suffered losses. During the holiday-truncated week, the Sensex rose 175.12 points or 0.30 per cent, while the Nifty advanced 45.65 points or 0.26 per cent. Sectorally, telecom, power, utilities, capital goods and metal indices rose up to 2.40 per cent. On the other hand, realty, consumer durables, bankex and finance ended in

Sensex, Nifty end marginally higher in volatile trade; Bharti Airtel gains
Updated On : 10 Sep 2021 | 12:37 AM IST

Airtel's Rs 21k-cr rights issue may open exit door for Voda Idea: Analysts

Bharti Airtel's staggered equity capital raise may also create adequate headroom to prepare for a scenario of plausible exit of Vodafone Idea in the medium term, fear analysts

Airtel's Rs 21k-cr rights issue may open exit door for Voda Idea: Analysts
Updated On : 31 Aug 2021 | 3:52 PM IST

Bharti Airtel shares gain over 4% on Rs 21,000-cr fundraising plan approval

Shares of Bharti Airtel on Monday gained over 4 per cent after the company's board approved raising up to Rs 21,000 crore by way of rights issue

Bharti Airtel shares gain over 4% on Rs 21,000-cr fundraising plan approval
Updated On : 30 Aug 2021 | 7:19 PM IST

Bharti Airtel shares fall as key revenue metric miss analyst estimate

Shares of the country's second-largest telecom operator fell as much as 2.3% to Rs 537.25 in morning trade and were set for a fifth straight session of losses

Bharti Airtel shares fall as key revenue metric miss analyst estimate
Updated On : 18 May 2021 | 12:48 PM IST