Powered by: Motilal Oswal
2025-11-04 12:22:03 pm | Source: Accord Fintech
Bharti Airtel surges on getting nod to acquire up to 5% additional stake in Indus Towers
Bharti Airtel surges on getting nod to acquire up to 5% additional stake in Indus Towers

Bharti Airtel is currently trading at Rs. 2117.30, up by 43.55 points or 2.10% from its previous closing of Rs. 2073.75 on the BSE.

The scrip opened at Rs. 2100.00 and has touched a high and low of Rs. 2135.75 and Rs. 2100.00 respectively. So far 177243 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2135.75 on 04-Nov-2025 and a 52 week low of Rs. 1510.80 on 21-Nov-2024.

Last one week high and low of the scrip stood at Rs. 2135.75 and Rs. 2046.55 respectively. The current market cap of the company is Rs. 1288110.90 crore.

The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 46.93% and 2.79% respectively.

Bharti Airtel has received approval for acquisition of upto 5% additional stake in Indus Towers, a subsidiary company, in one or more tranches over a period of time. Indus Towers provides critical infrastructure services essential to the telecom industry. Given its strategic importance, it is prudent for the parent company, Bharti Airtel, to continuously evaluate opportunities of consolidating its stake in Indus Towers, while maintaining its cash flow requirements for business capital expenditures and dividend payments. Any acquisition under this enabling approval, if and when executed, will be subject to prevailing market conditions, including liquidity and price considerations, as well as compliance with applicable laws.

The Special Committee of Directors, a duly authorized Committee by the Board of Directors of the company in their meeting held on November 03, 2025 has approved the same.

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

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here