Bharti Airtel rings loud in early deals on BSE

Bharti Airtel is currently trading at Rs. 321.90, up by 1.70 points or 0.53 % from its previous closing of Rs. 320.20 on the BSE. The scrip opened at Rs. 319.25 and has touched a high and low of Rs. 324.65 and Rs. 319.25 respectively. So far 46127 shares were traded on the counter. The BSE group 'A ' stock of face value Rs. 5 has touched a 52 week high of Rs. 373.50 on 01-Nov-2013 and a 52 week low of Rs. 271.50 on 15-Apr-2013. Last one week high and low of the scrip stood at Rs. 327.80 and Rs. 312.00 respectively. The current market cap of the company is Rs. 129335.88 crore. The promoters holding in the company stood at 65.23 % while Institutions and Non-Institutions held 24.53 % and 10.24 % respectively.   Bharti Airtel has inaugurated 100 retail outlets in the country in the last 14 months to offer best service experience to customers. The company has ventured into its company-owned-company-operated (COCO) stores in February last year with the opening of the first store in Delhi. The company has extended this retail footprint to 35 cities and towns across 14 states in a span of 14 months. The stores employ over 1,000 staff members. Further, the new Airtel stores also has outlets that will be run as well as managed by women employees, and will focus on addressing the needs of female customers across the country especially tier 2 and 3 cities. Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.