24-09-2024 02:14 PM | Source: Accord Fintech
Bharti Airtel move up on making concerted effort to bolster network infrastructure in Gujarat

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Bharti Airtel is currently trading at Rs. 1755.20, up by 4.45 points or 0.25% from its previous closing of Rs. 1750.75 on the BSE.

The scrip opened at Rs. 1753.95 and has touched a high and low of Rs. 1767.00 and Rs. 1746.10 respectively. So far 57339 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1767.00 on 24-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023.

Last one week high and low of the scrip stood at Rs. 1767.00 and Rs. 1646.65 respectively. The current market cap of the company is Rs. 1071037.82 crore.

The promoters holding in the company stood at 53.17 % while Institutions and Non-Institutions held 43.87 % and 2.95 % respectively.

Bharti Airtel has made a concerted effort to bolster its network infrastructure across the western state of Gujarat. Over the past seven months, the company has undertaken a massive deployment initiative, erecting more than 1,700 new cellular towers throughout the region. This equates to a remarkable pace of over 8 new towers being installed on a daily basis. With this enhanced infrastructure, the company aims to empower residents and businesses to seamlessly access Airtel's suite of cutting-edge voice, data, and digital services.

The company has been focusing on enhancing its rural network in Gujarat, one of its key markets. Through this initiative, the company will expand its coverage to 7,000 villages across the state, impacting over 5 million people. The company's network now provides connectivity in urban, semi-urban, and rural areas, including highways, tourist destinations, and trade centers, ensuring comprehensive coverage in the region.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.