Page 3 - Bharti Airtel Shares

Bharti Airtel shareholders approve scheme of VSAT operations merger

Within the promoter and promoter group, 100 per cent of votes cast were in favour of the scheme

Bharti Airtel gains 2%, nears all-time high post June quarter results

The firm posted an over two-fold jump in profit before tax (PBT) of Rs 372 crore for the quarter before exceptional items

Bharti Airtel slips 5% after promoters sell 2.75% stake via block deals

At 09:15 am; around 155.71 million equity shares representing 2.85 per cent of total equity of Bharti Airtel changed hands on the BSE, the exchange data show.

Q4 show, tariff hike hopes push Bharti Airtel stock to all-time highs

Tariff hike hopes and market share gains in the coming quarters could help sustain stock price

Market Wrap, May 19: Here's all that happened in the markets today

Telecom major Bharti Airtel was the stock of the day as it hit a new lifetime high of Rs 603 during the day

Bharti Airtel dips 4% as investors book profit amid ICRA's rating downgrade

ICRA downgraded Bharti Airtel's long-term rating from "AA" to "AA-"on higher than anticipated provision for dues towards license fees on adjusted gross revenues (AGR) and spectrum usage charge.

Bharti Airtel may not buy 5G spectrum and 'expensive' 700 MHz airwaves

The deal was made official in July this year when Bharti Airtel and Bharti Hexacom announced the merger of the consumer mobile businesses of TTSL and TTML with the two Bharti group firms

Buyback offer spurs Bharti Airtel's dollar-denominated bonds to 5-year high

Moody's Investors Service placed the company's Baa3 rating on review for a cut to junk grade on November 8 on concern about weak cash flow generation

Airtel divests 67.53 mn shares of Bharti Infratel to raise Rs 2,570 cr

UBS and JP Morgan were joint placement agents for the transaction

Reliance Jio's high capital expenditure boosts Bharti Infratel scrip

The stock of Bharti Infratel, which manages telecom towers and communication structures for various mobile telephony operators, gained seven per cent over the past week. That was after brokerages upgraded it on expectation of higher orders from the Reliance Jio rollout, beside investor preference for companies with a stable revenue model. Nomura, which has increased its target price by 20 per cent to Rs 396 for the scrip, said in a report earlier this month that it expected the company to garner a sizable share of the rapid tenancy rollout by RJio over the next few quarters. Which, it said, would make up for the merger/acquisition or slowing in network capital expenditure by other telecom companies. The key overhang on the stock had been the estimated loss of tenancies by industry consolidation, both from the exit of weaker players and from mergers such as the one announced by Vodafone and Idea Cellular. The earnings' dent from tenancy loss (due to merger/consolidation) is expected to

Airtel shares see sharp recovery, surge 8%

Surge in stock boosted market valuation of the company by Rs 10,873.1 crore to Rs 1,48,983.10 crore