Thursday, 17 April 2014

Bharti Airtel trades higher on the bourses

Bharti Airtel is currently trading at Rs. 324.80, up by 1.50 points or 0.46% from its previous closing of Rs. 323.30 on the BSE.
The scrip opened at Rs. 324.55 and has touched a high and low of Rs. 326.75 and Rs. 321.30 respectively. So far 88071 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. 274.50 on 11-Jun-2013.
Last one week high and low of the scrip stood at Rs. 330.00 and Rs. 316.50 respectively. The current market cap of the company is Rs. 130075.40 crore.
The promoters holding in the company stood at 65.32% while Institutions and Non-Institutions held 24.17% and 10.51% respectively.
Bharti Airtel has unveiled its ‘Night Store’, a first of its kind store that will enable customers to buy value for money offers on their prepaid mobile for internet usage and local calling at night, 12 midnight - 6am. Under these services, the company’s pre-paid customers can make unlimited calls to local Airtel numbers for Rs 7, unlimited 2G mobile internet for Rs 8 and combination of both these services for Rs 15.
The company is also offering 500 MB of 3G service for Rs 29 and 1GB of 3G for Rs 49 during night in service areas where it has 3G spectrum. It has also made access to Facebook free during night hours which users can activate by dialing 129.
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.

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