Bharti Airtel gains on entering into pact with Summit Digitel
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Bharti Airtel is currently trading at Rs. 734.05, up by 4.25 points or 0.58% from its previous closing of Rs. 729.80 on the BSE.
The scrip opened at Rs. 735.30 and has touched a high and low of Rs. 737.65 and Rs. 723.20 respectively. So far 447376 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 781.90 on 24-Nov-2021 and a 52 week low of Rs. 508.91 on 18-Jun-2021.
Last one week high and low of the scrip stood at Rs. 756.50 and Rs. 723.20 respectively. The current market cap of the company is Rs. 432026.40 crore.
The promoters holding in the company stood at 55.93%, while Institutions and Non-Institutions held 38.85% and 5.21% respectively.
Bharti Airtel has entered into a pact with Summit Digitel under which the telecom operator will utilise Summit Digitel's tower infrastructure as part of its wireless network rollouts. The financial details were not disclosed. Summit manages over 1,51,000 active sites.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
