Bharti Airtel Share Price: Shares last traded 1.25 per cent higher at Rs 538.95 on the BSE.
Shares of Bharti Airtel gained around two per cent on Tuesday, March 2, after the communication service provider announced that it has acquired 355.45 MHz spectrum across Sub GHz, mid band, and 2300 MHz bands for a total amount of Rs 18,699 crores in the latest spectrum auction conducted by the government. Through the auction, Airtel has strengthened its mid band and capacity spectrum holdings that will help it provide better customer experience at the marginal capex. All of the spectrum will enable Airtel to deliver 5G services in the future. On Tuesday, Bharti Airtel opened on the BSE at Rs 542.95, touching an intraday high of Rs 543.95 and an intraday low of Rs 529.05, so far.
Airtel to acquire 20% stake from Warburg Pincus in its DTH arm for ₹3,126 crore
The proposed transaction is part of Airtel’s strategy to align the shareholding of its customer facing products
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Bharti Airtel on Wednesday said that it will acquire Warburg Pincus affiliate’s 20% equity stake in its DTH arm Bharti Telemedia for ₹3,126 crore. The amount will be discharged primarily via issuance of 36.47 million equity shares of Airtel at a price of ₹600 per share (including a premium of ₹595 per equity share over face value of ₹5 per equity share); and up to ₹1,037.8 crore in cash. The issuance of shares proposed through preferential allotment is subject to shareholders’ approval, the company said in the regulatory filing.
Bharti Airtel share rises over 2% ahead of board meet to discuss future plans
Share of Bharti Airtel climbed 2.8% to Rs 603 against previous close of Rs 586.55 on BSE. Bharti Airtel share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages
BusinessToday.In | February 15, 2021 | Updated 14:00 IST
Bharti Airtel share has gained 5.77% in one year and risen 17.36% since the beginning of this year.
Bharti Airtel share rose over 2% today after the telco said its board was slated to meet on February 17 to discuss future strategic plans and reorganisation of shareholding framework of its subsidiaries.
Share of Bharti Airtel climbed 2.8% to Rs 603 against previous close of Rs 586.55 on BSE. Bharti Airtel share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
Bharti Airtel share rises over 6% after telco receives nod to raise FDI limit
Bharti Airtel stock touched an intraday high of Rs 601.8, rising 6.37% against previous close of Rs 565.75 on BSE
BusinessToday.In | January 13, 2021 | Updated 13:10 IST
Bharti Airtel share rises over 6% after telco receives nod to raise FDI limit
Share of Bharti Airtel rose over 6 per cent today after the company said it has received approvals for relevant downstream investments post FDI nod from the Department of Telecommunications. Bharti Airtel stock touched an intraday high of Rs 601.8, rising 6.37% against previous close of Rs 565.75 on BSE.
The large cap stock has gained 8.42% in the last 3 days. The stock opened with a gain of 3.93% at Rs 588.