Tuesday, 4 August 2015

Bharti Airtel up ahead of results

The stock is also in focus on acquiring financial solutions firm YTS Solutions.


Bharti Airtel
Bharti Airtel has advanced over a percent to touch a high of Rs. 426 in early morning trades on the back of positive news flow.

According to reports, Bharti Airtel has acquired financial solutions firm YTS Solutions for an undisclosed amount and appointment of the latter's co-founder Manish Khera as CEO of its mobile wallet service Airtel M Commerce Services.

The telecom major is also scheduled to announce its earnings today.

The stock is now up 0.8 percent at Rs. 422, and around 25,000 shares have changed hands at the counter so far.

Meanwhile, the Sensex has slipped 74 points to 28,113.

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