Bharti Airtel rings loud after joining hands with Indian Army
Bharti Airtel is currently trading at Rs. 1600.25, up by 21.40 points or 1.36% from its previous closing of Rs. 1578.85 on the BSE.
The scrip opened at Rs. 1583.95 and has touched a high and low of Rs. 1606.30 and Rs. 1565.90 respectively. So far 950949 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 929.30 on 10-Nov-2023.
Last one week high and low of the scrip stood at Rs. 1642.90 and Rs. 1565.90 respectively. The current market cap of the company is Rs. 966944.79 crore.
The promoters holding in the company stood at 53.14%, while Institutions and Non-Institutions held 43.86% and 3.00% respectively.
Bharti Airtel has joined hands with the Indian Army to launch its network in Galwan and Daulat Beg Oldie (DBO), the northernmost military outpost in the border town. This makes Airtel the only private telecom service provider to offer its services 16700 ft. above the sea level.
The Company has installed 17 mobile towers across Kargil, Siachen, Galwan, Daulat Beg Oldie and the Changthang regions, extending connectivity to remote villages of Ladakh. Airtel worked with the Leh Signalers to execute this challenging task.
Galwan and Daulat Beg Oldie are both located in the Ladakh region on the Indo China border at the northeastern corner of the Karakoram Range.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.