Bharti Airtel is currently trading at Rs. 566.00, up by 1.35 points or 0.24% from its previous closing of Rs. 564.65 on the BSE.
The scrip opened at Rs. 566.00 and has touched a high and low of Rs. 569.15 and Rs. 561.00 respectively. So far 494715 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 611.70 on 20-May-2020 and a 52 week low of Rs. 321.60 on 01-Aug-2019.
Last one week high and low of the scrip stood at Rs. 575.65 and Rs. 544.25 respectively. The current market cap of the company is Rs. 307911.66 crore.
The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 38.52% and 5.21% respectively.
Bharti Airtel is in continuous pursuit to upgrade existing 4G base stations with 5G capabilities to be future ready, and is conceptualizing 5G trials in association with OEMs and application developers. The company’s annual report for FY20 talks of building 5G capabilities and promises that proposed investments in current networks will deliver robust connectivity to consumers and lay a strong foundation for 5G services in the near future.
These trials help to showcase company’s 5G capabilities through various enhanced Mobile Broadband (eMBB) and industrial use cases and applications. The rising demand for high-speed data has escalated the need for 5G services in one of the world’s largest telecom markets. The proposed investments in the current networks will deliver strong connectivity to Airtel consumers, laying a strong foundation for 5G services in the near future.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
