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Bharti Airtel gains on deploying additional sites in Birbhum district to densify network
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Bharti Airtel is currently trading at Rs. 1220.95, up by 17.10 points or 1.42% from its previous closing of Rs. 1203.85 on the BSE.
The scrip opened at Rs. 1215.80 and has touched a high and low of Rs. 1228.05 and Rs. 1210.75 respectively. So far 34506 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1244.95 on 22-Mar-2024 and a 52 week low of Rs. 752.70 on 18-Apr-2023.
Last one week high and low of the scrip stood at Rs. 1234.90 and Rs. 1183.60 respectively. The current market cap of the company is Rs. 740034.87 crore.
The promoters holding in the company stood at 54.57%, while Institutions and Non-Institutions held 42.30% and 3.13% respectively.
Bharti Airtel has deployed additional sites in Birbhum district to densify its network. Birbhum district network enhancement project was undertaken across 2205 villages covering 29.46 lakh rural population. Customers in the tehsils of Bolpur Sriniketan, Nalhati - I, Suri - I, Rampurhat- I, Sainthia and Nanoor under Birbhum districts will directly benefit from this network enhancement. The expansion will enable seamless access to high-speed connectivity that will ensure reliable mobile network for work, study and entertainment in rural areas of Birbhum. In this year alone, Airtel has doubled down on its commitment to the state and has invested additional capex to enhance its network connectivity for seamless experience on 4G, 5G, Broadband and Fiber.
To expand coverage in rural villages in the state and to bring customers to enjoy the power of high-speed connectivity, the rural enhancement project covers across West Bengal including Alipurduar, Bankura, Barddhaman, Birbhum, Dakshin Dinajpur, Darjiling, Haora, Hugli, Jalpaiguri, Jhargram, Kalimpong, Koch Bihar, Maldah, Murshidabad, Nadia, North Twenty Four Parganas, Paschim Bardhaman, Paschim Medinipur, Purba Medinipur, Puruliya, South Twenty Four Parganas and Uttar Dinajpur.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
