Bharti Airtel
1,874.00
+8.10(+0.43%)
Market Cap₹10,68,574.54 Cr
PE Ratio39.32
IndustryTelecom
Company Performance:
1D+0.43%
1M+3.06%
6M+17.10%
1Y+34.59%
5Y+233.48%
View Company Insightsright
More news about Bharti Airtel
10Jun 25
Bharti Airtel Shares See Significant Block Trade on NSE
A significant block trade of Bharti Airtel shares occurred on the National Stock Exchange. The transaction involved 506,685 shares traded at Rs. 1,869.40 per share, totaling Rs. 94.72 crores. This large-scale trade has drawn attention from market participants, potentially indicating moves by institutional investors or large shareholders.
10Jun 25
Bharti Airtel Shares See Significant Block Trade on NSE
A significant block trade of 608,594 Bharti Airtel shares occurred on the National Stock Exchange (NSE) at Rs. 1,866.90 per share, totaling Rs. 113.62 crores. The identities of the buyer and seller were not disclosed. This large transaction, likely involving institutional investors or major stakeholders, has drawn market attention due to its potential impact on market dynamics and investor sentiment.
10Jun 25
Bharti Airtel Shares Trade in Rs. 35.11 Crore Block Deal on NSE
A significant block trade of Bharti Airtel Ltd. shares occurred on the National Stock Exchange (NSE). The transaction involved 188,336 shares at Rs. 1,864.40 per share, totaling Rs. 35.11 crores. This large-scale trade indicates continued interest in Bharti Airtel's stock among institutional investors and may influence short-term market sentiment.
29May 25
Bharti Airtel Expands Mobile Subscriber Base, Adding 170,658 Users in April
Bharti Airtel reported a significant increase in its mobile subscriber base for April, adding 170,658 new mobile subscribers. This growth demonstrates the company's strong performance in India's competitive telecom market. The substantial addition of subscribers in a single month could potentially boost Bharti Airtel's market position and revenue. This growth is particularly notable given the saturated nature of India's telecom sector and the intense competition among operators.
23May 25
Supreme Court Rejects Bharti Telemedia's Appeal: ₹585 Crore Tax Liability Confirmed
The Supreme Court has dismissed Bharti Telemedia's appeal against entertainment tax on DTH services, confirming a tax liability of ₹585 crore. Bharti Telemedia, a subsidiary of Bharti Airtel, has fully provisioned for this amount. The ruling may impact operational costs and set a precedent for the DTH industry, emphasizing the importance of regulatory compliance in the sector.
16May 25
Bharti Airtel Shares See Massive Block Trades Worth ₹13,241 Crore
Four large block trades of Bharti Airtel shares were executed on the NSE, totaling approximately ₹13,241 crore. The transactions involved about 72.67 million shares, with the largest trade worth ₹5,612.73 crore for 30.77 million shares at ₹1,824 per share. The trades occurred within a tight price range of ₹1,819.10 to ₹1,824.00 per share. While the identities of the buyers and sellers remain undisclosed, these trades may potentially impact the company's shareholding pattern.
16May 25
Singtel to Offload Rs 8,500 Crore Stake in Bharti Airtel via Block Deal; FTSE Weightage Increase Expected
Singapore Telecommunications (Singtel) plans to reduce its stake in Bharti Airtel through a block deal worth Rs 8,500 crore ($1 billion). The deal involves selling approximately 5 crore shares at a floor price of Rs 1,800 per share, a 3.60% discount from the current market price. Singtel currently holds a 9.49% stake in Bharti Airtel. Separately, Bharti Airtel's weightage in the FTSE All-World Index is set to increase from 44.17% to 45.01% effective May 21, potentially bringing in $65 million in inflows.
15May 25
Singtel's Pastel to Offload 0.8% Stake in Bharti Airtel for ₹8,568 Crore
Pastel, a subsidiary of Singtel, plans to sell a 0.8% stake in Bharti Airtel through a block deal valued at ₹8,568 crore. The offer price is set at ₹1,800 per share, a 3.60% discount to Airtel's last closing price. Pastel's ownership in Airtel will decrease from 9.49% to 8.69%. JP Morgan is managing the transaction, which includes a 60-day lock-in period post-sale.
15May 25
Singtel to Offload $1 Billion Stake in Bharti Airtel Through Block Deal
Singapore Telecommunications Limited (Singtel) plans to sell approximately 5 crore shares of Bharti Airtel, representing a 0.8% stake, valued at $1 billion (₹8,500 crores). The block deal, brokered by JP Morgan, offers shares at a floor price of ₹1,800 per share, a 3.6% discount to the current market price. The sale will be executed through Singtel's subsidiary, Pastel Ltd.
15May 25
Bharti Airtel Anticipates Stronger Performance in Current Fiscal Year
Bharti Airtel's management expressed optimism about the company's performance in the current fiscal year during a recent conference call. They expect to surpass last year's results, excluding low-margin business segments slated for divestment. This strategic focus on core, profitable areas aims to enhance overall profitability and shareholder value amidst the competitive Indian telecom market.
14May 25
Bharti Airtel's Q4 FY24 Results: Adjusted Profit Soars 77% YoY, Revenue Rises 27%
Bharti Airtel's Q4 FY24 results show strong performance with adjusted net profit rising 77% YoY to ₹5,223.00 crore and revenue increasing 27% YoY to ₹47,876.00 crore. Mobile ARPU improved to ₹245.00. The company added 0.6 million postpaid customers and 24 million smartphone users. The board recommended a final dividend of ₹16.00 per equity share for FY 2024-25.
13May 25
Bharti Airtel Declares Rs 16 Per Share Dividend for FY 2025
Bharti Airtel has declared a final dividend of Rs 16.00 per fully paid-up equity share and Rs 4.00 per partly paid-up equity share for FY 2025. The total payout is approximately Rs 9,751.00 crore, with retail investors set to receive up to Rs 180.00 crore. This significant dividend reflects the company's strong financial position and commitment to shareholder value.
13May 25
Bharti Airtel: Q4 Profit Surges, ARPU Jumps 17% YoY, ₹16 Dividend Declared
Bharti Airtel announced impressive Q4 financial results, with a consolidated net profit of ₹11,022.00 crore and revenue rising 2.10% to ₹47,876.00 crore. The company's mobile ARPU increased by 17.20% year-over-year to ₹245.00, while mobile data consumption grew by 21.20%. Airtel also declared a final dividend of ₹16.00 per share for FY2025.
11May 25
Bharti Airtel Sets Date for Q4 Results, Board to Consider Dividend
Bharti Airtel has announced important dates for its financial disclosures and corporate actions. The company will release its Q4 and FY25 results on May 13, 2025, followed by an earnings call on May 14. The board will also consider a dividend declaration during the results meeting. A trading window closure for insiders is set from April 1 to May 15, 2025.
08May 25
Bharti Airtel's User Growth Slows: Adds 12.50 Lakh Subscribers in March 2023
Bharti Airtel added 12.50 lakh new users in March 2023, down from 15.93 lakh in February, according to TRAI data. This deceleration in subscriber growth could indicate intensifying competition, market saturation, or potential revenue impacts. The trend raises questions about Airtel's market position and strategies for customer acquisition and retention in India's competitive telecom sector.
07May 25
Bharti Airtel's User Growth Decelerates in March, TRAI Data Shows
Bharti Airtel added 12.50 lakh new users in March, down from 15.93 lakh in February, representing a 21.53% month-on-month decline in user acquisition. This slowdown in growth rate may be significant for investors and analysts monitoring the competitive Indian telecom market.
05May 25
Bharti Airtel Halts DTH Merger Talks with Tata Group
Bharti Airtel has terminated discussions with the Tata Group regarding a potential merger of their Direct-to-Home (DTH) businesses, specifically involving Tata Play. This decision halts a potentially significant consolidation in the DTH sector. The termination implies continued market competition with multiple strong players, and both companies will likely focus on individual growth strategies. For Bharti Airtel, this means continued focus on its existing DTH business model and possible exploration of alternative strategies to strengthen its market position.
29Apr 25
Government to Scrutinize Bharti Airtel's AGR Due Conversion Request
The Indian government plans to examine Bharti Airtel's request to convert its Adjusted Gross Revenue (AGR) dues into equity. This decision could significantly impact Bharti Airtel's financial structure and potentially result in government stake in the company. The outcome may set a precedent for handling similar requests from other telecom operators and influence the broader telecom sector.
25Apr 25
Bharti Airtel to Unveil Q4 Results Amid Launch of New International Roaming Plans
Bharti Airtel will consider Q4 financial results on May 13, 2025. The company has closed its trading window from April 1 to May 15, 2025. Airtel has introduced new international roaming plans, including India's first unlimited data plans covering 189 countries. A unique Rs. 4,000 one-year plan for NRIs offers dual benefits for use abroad and in India. The plans feature auto-renewal, cost-effectiveness, and can be managed through the Airtel Thanks app.
25Apr 25
Bharti Airtel Unveils New International Roaming Plans Amid Regulatory Scrutiny
Bharti Airtel plans to enhance its international roaming services, potentially transforming mobile access for travelers. Simultaneously, the company faces a Rs. 2.18 lakh penalty from the Department of Telecommunications for alleged violation of subscriber verification norms in Karnataka. Airtel has decided to pay the fine without contesting it.
25Apr 25
Bharti Airtel Seeks Conversion of Government Dues to Equity Amid Regulatory Challenges
Bharti Airtel has requested the Department of Telecommunications to convert its government dues into equity, mirroring Vodafone Idea's strategy. This move comes amid a proposal to waive 50% of interest and penalties on AGR dues. Simultaneously, Airtel received a Rs. 218,000 penalty from DoT Karnataka for alleged subscriber verification norm violations, which the company has decided to pay without contest.
24Apr 25
Bharti Airtel Gains 1.59 Million Subscribers in February, Faces Penalty for Verification Norms
Bharti Airtel added 1.59 million new subscribers in February, according to TRAI data. However, the company faces a Rs. 218,000 penalty from the Department of Telecommunications for alleged violations of subscriber verification norms in Karnataka. The penalty stems from a Customer Application Form Audit for February 2023. Airtel has decided to pay the penalty without contesting it.
24Apr 25
Bharti Airtel Seeks Equity Conversion of Spectrum Dues, Faces ₹2.18 Lakh Penalty
Bharti Airtel has requested the government to convert its deferred spectrum dues into equity, following Vodafone Idea's similar move. The company recently prepaid ₹5,985 crore to clear high-cost liabilities from 2024 spectrum auctions, reducing its total spectrum debt to ₹52,000 crore. Separately, Airtel received a ₹2.18 lakh penalty from DoT Karnataka for alleged violation of subscriber verification norms in February 2025. The company will pay the penalty without contesting it.
24Apr 25
Bharti Airtel Seeks Spectrum Dues Conversion to Equity, Faces Penalty for Subscriber Verification Norms
Bharti Airtel has requested the Indian government to convert its outstanding spectrum dues into equity, potentially altering its capital structure. Separately, the company received a Rs. 2,18,000 penalty from the Department of Telecommunications for violating subscriber verification norms in Karnataka. Airtel has decided to pay the penalty without contesting it.
23Apr 25
Bharti Airtel: Block Trade Worth ₹56.49 Crore Executed as Company Expands 5G Spectrum
Bharti Airtel and its subsidiary Bharti Hexacom have agreed to acquire 400 MHz of 5G spectrum in the 26 GHz band from Adani Data Networks Limited across six key circles. The acquisition covers Gujarat, Mumbai, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu. This strategic move aims to enhance Airtel's 5G capabilities and network coverage. Additionally, a significant block trade of 306,375 Airtel shares worth ₹56.49 crore was executed on the NSE, indicating strong investor interest in the company.
21Apr 25
Bharti Airtel Boosts User Base and Enhances Anti-Spam Measures
Bharti Airtel added 1.65 million mobile subscribers in January. The company introduced new anti-spam features, including international call screening and support for nine Indian languages. Since launch, the AI tool has identified 27.50 billion spam calls, reducing spam by 16.00%. These features are automatically activated for all customers at no extra cost.
15Apr 25
Bharti Airtel Revolutionizes SIM Delivery with Blinkit Partnership
Bharti Airtel has partnered with quick-commerce platform Blinkit to offer SIM card delivery within 10 minutes. This innovative service aims to streamline customer onboarding by eliminating the need to visit physical stores or wait for days for home delivery. The partnership showcases Airtel's commitment to digital solutions and customer-centric innovations, potentially disrupting the telecom sector and setting a new standard for customer acquisition strategies.
04Apr 25
Bharti Airtel Shares: Block Trade Worth Rs. 21.15 Crores Executed on NSE
A significant block trade of Bharti Airtel shares occurred on the National Stock Exchange. 120,902 shares were traded in a single transaction, valued at Rs. 21.15 crores, with each share priced at Rs. 1,748.95. This large-scale trade highlights ongoing interest in Bharti Airtel among institutional investors and major traders.
02Apr 25
Bharti Airtel and Nokia Expand 5G Network Collaboration to Accelerate Service Delivery
Bharti Airtel has expanded its collaboration with Nokia to boost 5G capabilities in India. The partnership involves deploying Nokia's Packet Core and Fixed Wireless Access solutions, integrating 4G and 5G technologies, and implementing an automation framework. This multi-year deal aims to improve network quality, optimize costs, and accelerate 5G service delivery across most of Airtel's service regions in India. The collaboration prepares Airtel for 5G standalone capabilities and is expected to significantly enhance customer experience.
27Mar 25
Bharti Airtel Boosts Connectivity: Lands 2Africa Pearls Cable and Prepays High-Cost Debt
Bharti Airtel has landed the 2Africa Pearls submarine cable in India, enhancing internet connectivity. The company has also prepaid Rs. 5,985.00 crore of high-cost spectrum liabilities, bringing the total prepayment to Rs. 25,981.00 crore for FY 2025. Additionally, Airtel's subsidiary redeemed $1.00 billion in Perpetual Notes. These actions have lowered the average interest rate on spectrum liabilities to 7.22% and extended repayment until FY 2042.
26Mar 25
Bharti Airtel Strengthens Financial Position and Expands IPTV Services
Bharti Airtel has made significant financial moves, prepaying Rs. 5,985 crores of spectrum liabilities, bringing total prepayments to Rs. 66,665 crores. This has reduced debt and lowered interest rates on remaining liabilities. The company has also launched IPTV services across 2000 Indian cities, offering bundled plans with Wi-Fi and streaming content. New management appointments include Shivan Bhargava as Director of Customer Experience and Siddharth Sharma as CEO of Connected Homes and CMO.
26Mar 25
Bharti Airtel Expands IPTV Services to 2000 Cities, Revolutionizing Home Entertainment
Bharti Airtel has expanded its digital entertainment offerings by launching Internet Protocol Television (IPTV) services in 2000 cities across India. The service combines traditional TV with modern streaming options, offering subscribers access to 29 popular streaming apps, over 350 TV channels, and on-demand content. Airtel has introduced flexible plans ranging from ₹699 to ₹3999, all bundled with high-speed Wi-Fi. An introductory offer of up to 30 days free service is available through the Airtel Thanks App. The service is yet to cover Delhi, Rajasthan, Assam, and Northeastern states, with plans for expansion in the coming weeks.
24Mar 25
Bharti Airtel's Gopal Vittal Elected as GSMA Chairman, Set to Lead Global Telecom Body
Gopal Vittal, Vice Chairman and Managing Director of Bharti Airtel, has been elected as the Chairman of the GSMA Board of Directors until 2026. The GSMA represents over 1,000 companies in the mobile ecosystem. This appointment comes as the mobile industry is projected to contribute $6.50 trillion to the global economy in 2024. Vittal aims to drive meaningful change in the industry through this influential position.
19Mar 25
Bharti Airtel Faces Setback as Government Rejects AGR Penalty Waiver
The Indian government has decided against waiving penalties and interest on Adjusted Gross Revenue (AGR) dues, impacting Bharti Airtel significantly. This decision comes as the company sought financial relief from substantial AGR-related obligations. Meanwhile, Bharti Airtel received shareholder approval for a material related party transaction involving the sale of its Passive Infrastructure Business to Indus Towers Limited, with 99.85% votes in favor.
19Mar 25
Bharti Airtel Shareholders Approve Sale of Passive Infrastructure to Indus Towers
Bharti Airtel's shareholders have approved the sale and transfer of its Passive Infrastructure Business Undertaking to subsidiary Indus Towers Limited with 99.85% votes in favor. The transaction involves transferring mobile and wireless communication towers and related infrastructure. Separately, reports suggest the Department of Telecommunications may propose a 50% interest waiver for Bharti Airtel, potentially easing the company's financial obligations.
18Mar 25
Bharti Airtel Shareholders Approve Sale of Infrastructure Assets to Indus Towers
Bharti Airtel received overwhelming shareholder approval (99.85% in favor) for the sale of its passive infrastructure assets to subsidiary Indus Towers Limited. The transaction, approved via postal ballot, involves the transfer of mobile and wireless communication towers and related infrastructure. This strategic move aims to streamline operations and potentially monetize assets, marking a significant development for the telecom giant.
18Mar 25
Bharti Airtel Sees Block Trade Amidst 5G Innovation Partnership
Bharti Airtel executed a significant block trade of 505,269 shares at Rs. 1630.80 per share, totaling Rs. 82.40 crores on NSE. The company also announced a research partnership with Ericsson and Volvo Group to explore Extended Reality, Digital Twin, and AI applications in manufacturing using 5G and 5G Advanced networks. The collaboration, based at Volvo's Bangalore facility, aims to accelerate Industry 4.0 and 5.0 adoption in Indian manufacturing, focusing on industrial Metaverse applications and leveraging Airtel's 5G network for real-time simulations and training.
17Mar 25
Bharti Airtel Partners with Ericsson and Volvo Group for 5G Advanced Research in India
Bharti Airtel has announced a research collaboration with Ericsson and Volvo Group to explore applications of digital twins and extended reality (XR) using 5G Advanced networks in India. The research will take place at Volvo's Bangalore facility, focusing on leveraging 5G technologies to transform industrial operations, enhance workforce training, and drive real-time process optimization. The partnership aims to accelerate Industry 4.0 adoption, improve manufacturing efficiency, and potentially create new revenue streams for telecom operators.
13Mar 25
Bharti Airtel Shares Worth ₹282 Crore Change Hands in Major Block Deal
A significant block trade of approximately 1,725,517 Bharti Airtel shares occurred on the National Stock Exchange (NSE) at ₹1,635.05 per share, totaling ₹282.13 crore. The identities of the buyers and sellers were not disclosed. This large transaction has drawn attention from investors and analysts due to its potential implications for the company's stock and its reflection of institutional interest in the telecom giant.
12Mar 25
Bharti Airtel Partners with SpaceX to Revolutionize Internet Connectivity in India
Bharti Airtel has announced a strategic partnership with SpaceX to introduce Starlink's high-speed internet service in India. The agreement, revealed on March 11, 2025, aims to expand connectivity across the country, especially in underserved areas. The collaboration includes potential retail offerings of Starlink equipment, services for business customers, and connecting remote communities. This partnership complements Airtel's existing alliance with Eutelsat OneWeb and is expected to enhance the company's enterprise solutions.
11Mar 25
Bharti Airtel Gains Users, Partners with SpaceX, and Restructures Payments Bank Stake
Bharti Airtel has shown positive growth by adding 1.033 million users in December 2022. The company has formed a strategic partnership with SpaceX to bring Starlink's high-speed internet to India, pending regulatory approvals. This collaboration aims to enhance rural connectivity, provide business solutions, and expand network infrastructure. Additionally, Airtel has transferred a 69.94% stake in Airtel Payments Bank to its subsidiary, Airtel Limited, as part of corporate restructuring.
11Mar 25
Bharti Airtel Soars into Space: Partners with SpaceX to Bring Starlink Internet to India
Bharti Airtel has announced a strategic partnership with SpaceX to offer Starlink's high-speed internet services in India, subject to necessary authorizations. The collaboration aims to expand Airtel's digital offerings, including retail presence for Starlink equipment, business solutions, rural connectivity, and network enhancement. This partnership aligns with Airtel's vision of delivering comprehensive connectivity solutions across India and complements their existing alliance with Eutelsat OneWeb.
11Mar 25
Bharti Airtel Shares See Significant Block Trade on NSE
A significant block trade of 122,247 Bharti Airtel shares occurred on the National Stock Exchange (NSE). The transaction was valued at Rs. 20.26 crores, with shares priced at Rs. 1,657.65 each. While the identities of the buyer and seller remain undisclosed, such large trades often indicate moves by institutional investors or major shareholders.
10Mar 25
Bharti Airtel Shares See Significant Block Trade on NSE
A significant block trade of Bharti Airtel shares occurred on the National Stock Exchange. 204,390 shares were traded at Rs. 1,646.70 per share, totaling Rs. 33.66 crores. This large-scale transaction could potentially influence the stock's price and indicates notable investor activity in the telecom giant.
04Mar 25
Bharti Airtel Eyes Value Unlocking: Plans IPOs for Payments Bank and Data Center Units
Bharti Airtel is preparing to launch Initial Public Offerings (IPOs) for its payments bank and data center operations. This strategic move aims to unlock value in its subsidiary businesses, diversify beyond core telecom operations, and capitalize on the growing fintech and data center markets in India. The IPOs could potentially raise capital for expansion, reduce debt at the parent company level, and create focused entities to better leverage market opportunities.
03Mar 25
Bharti Airtel Shares See Significant Block Trade on NSE
A significant block trade of Bharti Airtel shares occurred on the National Stock Exchange (NSE). The transaction involved 387,527 shares at Rs. 1,581.30 per share, totaling Rs. 61.28 crores. This block trade, typically involving institutional investors, may signal shifts in major shareholder positions or institutional holdings. Bharti Airtel, a leading global telecommunications company, operates in 18 countries across South Asia and Africa, offering a range of services including wireless, mobile commerce, fixed line, broadband, and DTH services.
03Mar 25
Bharti Airtel Shares See Significant Block Trade on NSE
A significant block trade of Bharti Airtel shares occurred on the National Stock Exchange (NSE). 1,002,148 shares were traded at Rs. 1,581.40 per share, totaling Rs. 158.48 crores. This large-scale transaction highlights the ongoing interest in Bharti Airtel among major investors. While such pre-arranged trades don't necessarily reflect broader market sentiment, they can potentially influence stock prices and trading volumes.
26Feb 25
Bharti Airtel and Tata Group in Talks for Potential DTH Merger
Bharti Airtel has confirmed ongoing discussions with the Tata Group regarding a potential merger of their Direct-to-Home (DTH) businesses. The talks involve combining Tata Play Limited with Bharti Telemedia Limited, Airtel's subsidiary. While still in preliminary stages, this merger could significantly impact India's DTH market, potentially creating a major player in the sector. The outcome may lead to expanded services, pricing changes, and improved technology for consumers. Both companies will need to agree on the transaction structure and obtain regulatory approvals if they decide to proceed.
25Feb 25
Bharti Airtel Advances 5G Evolution with Ericsson Partnership
Bharti Airtel has partnered with Ericsson to implement 5G core technology, aiming to accelerate 5G network evolution across India. The collaboration involves deploying Ericsson's secure 5G Core network offerings and transitioning to a commercially live, full-scale 5G Standalone network. Ericsson will deploy its Signaling Controller solution and 5G Standalone-enabled Charging and Policy solution in Airtel's network. This partnership is expected to enhance network capacity, enable innovative services, and play a crucial role in Airtel's long-term 5G strategy.
24Feb 25
Bharti Airtel Inks Strategic Partnership with Apple, Bringing Exclusive Content to Customers
Bharti Airtel has announced a partnership with Apple to provide Apple TV+ and Apple Music services to its Wi-Fi and postpaid subscribers. The collaboration, starting February 24, 2025, will make Apple TV+ available to Airtel Home Wi-Fi customers on plans from ₹999, while postpaid customers on ₹999+ plans will also get a six-month Apple Music subscription. New plans have been introduced to accommodate this partnership, ranging from ₹999 to ₹3999 for Wi-Fi and ₹999 to ₹1749 for postpaid, offering various OTT benefits including Apple's services.
21Feb 25
Bharti Airtel Set to Boost Stake in Airtel Africa by Up to 5%
Bharti Airtel plans to increase its stake in subsidiary Airtel Africa plc by up to 5%, potentially raising its holding from 57.29% to over 62%. The acquisition, approved by Airtel's Special Committee of Directors, will be executed through Airtel Africa Mauritius Limited in multiple tranches by March 31, 2025. The move reflects Bharti Airtel's confidence in the African telecom market and its commitment to strengthening its position there.
19Feb 25
Bharti Airtel: Promoter's Block Deal Masks Continued Foreign Investor Outflow
Bharti Enterprises sold a 0.84% stake in Bharti Airtel for ₹8,485.11 crore, aimed at refinancing loans for a BT Group stake acquisition. This block deal created an illusion of foreign investors turning net buyers in Indian equities. However, adjusting for this transaction reveals that foreign investors continued their net selling streak for the tenth consecutive session. Meanwhile, domestic institutional investors remain net buyers in the Indian equity market.
18Feb 25
Bharti Airtel: Block Trade of 329,624 Shares Amid Promoter Stake Consolidation
A block trade of 329,624 Bharti Airtel shares occurred on NSE at Rs. 1,670 per share, totaling Rs. 55.05 crores. Indian Continent Investment Limited sold 0.84% stake (5.11 crore shares) for Rs. 8,485.11 crores. Bharti Telecom acquired 1.20 crore shares, increasing its stake to 40.47%. Airtel also redeemed outstanding FCCBs worth USD 0.2 million.
Bharti Airtel
1,874.00
+8.10
(+0.43%)
1 Year Returns:+34.59%
Industry Peers
Bharti Airtel
1,874.00
(+0.43%)
Bharti Hexacom
1,749.40
(-0.14%)
Vodafone Idea
6.49
(-1.07%)
Bharti Airtel - PP
1,397.00
(+0.76%)
Tata Communications
1,658.00
(-2.45%)