Bharti Airtel trades higher on deploying additional sites in Buldhana district to densify network
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Bharti Airtel is currently trading at Rs. 1204.05, up by 12.50 points or 1.05% from its previous closing of Rs. 1191.55 on the BSE.
The scrip opened at Rs. 1191.00 and has touched a high and low of Rs. 1210.10 and Rs. 1183.60 respectively. So far 70947 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. 1240.60 and Rs. 1189.00 respectively. The current market cap of the company is Rs. 730518.88 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 Buldhana district to densify its network. The Buldhana network enhancement project was undertaken across 815 villages covering a 20 lakh population base. Customers in the tehsils of Chikhli, Mehkar, Nandura, Deolgaon Raja, Jalgaon (Jamod) Sindkhed Raja and Sangrampur under the Buldhana district 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 Buldhana. 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.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
