Bharti Airtel moves up on partnering with Microsoft
Bharti Airtel is currently trading at Rs. 927.55, up by 13.00 points or 1.42% from its previous closing of Rs. 914.55 on the BSE.
The scrip opened at Rs. 916.00 and has touched a high and low of Rs. 927.55 and Rs. 910.65 respectively. So far 80246 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 961.35 on 12-Oct-2023 and a 52 week low of Rs. 736.20 on 02-Mar-2023.
Last one week high and low of the scrip stood at Rs. 949.00 and Rs. 900.75 respectively. The current market cap of the company is Rs. 556711.36 crore.
The promoters holding in the company stood at 54.75%, while Institutions and Non-Institutions held 41.68% and 3.58% respectively.
Bharti Airtel has partnered with Microsoft to offer Indian organizations calling services over Microsoft Teams through an integration with Airtel IQ. With Airtel IQ for Microsoft Teams, enterprises will soon be able to enjoy greater flexibility in connecting with customers across the country over fixed line through the internet. This new service will enable enterprises to make and take calls to external users through the Teams experience streamlining communications and collaboration within the flow of work.
Airtel IQ for Microsoft Teams is a plug and play solution that can be set up within a day with minimum provisioning and management. It will allow management to save on infrastructure purchase as there is no additional hardware involved and will offer enterprise grade reliability and support.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.