Company Profile

BHARTI AIRTEL LTD.

NSE : BHARTIARTLBSE : 532454ISIN CODE : INE397D01024Industry : Telecommunication - Service ProviderHouse : Bharti
BSE489.0527.45 (+5.95 % )
PREV CLOSE (Rs.) 461.60
OPEN PRICE (Rs.) 468.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 260386
TODAY'S LOW / HIGH (Rs.)468.00 492.00
52 WK LOW / HIGH (Rs.)305.69 568.6
NSE488.70 27.05 (+5.86 % )
PREV CLOSE(Rs.) 461.65
OPEN PRICE (Rs.) 471.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 488.70 (766 )
VOLUME 11742601
TODAY'S LOW / HIGH(Rs.) 471.00 492.30
52 WK LOW / HIGH (Rs.)305.43 568.85

Company News

Date Heading Details
09-Apr-2020 Bharti Airtel makes kids content library free to all `Airtel Thanks customers' <p align="justify">Bharti Airtel is making the complete kids content library on Airtel Xstream for free to all `Airtel Thanks customers'. Airtel Thanks is a rewards program for the company's customers, which provides them access to various rewards, and privileges.&nbsp; </p><p align="justify">Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.</p>
09-Apr-2020 Bharti Airtel rings loudly on making kids content library free to all `Airtel Thanks customers' <p align="justify">Bharti Airtel is currently trading at Rs. 486.15, up by 24.55 points or 5.32% from its previous closing of Rs. 461.60 on the BSE.</p><p align="justify">The scrip opened at Rs. 468.00 and has touched a high and low of Rs. 488.65 and Rs. 468.00 respectively. So far 178598 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 568.60 on 18-Feb-2020 and a 52 week low of Rs. 305.69 on 18-Apr-2019.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 490.95 and Rs. 415.70 respectively. The current market cap of the company is Rs. 265658.37 crore.</p><p align="justify">The promoters holding in the company stood at 62.70%, while Institutions and Non-Institutions held 30.54% and 6.71% respectively.</p><p align="justify">Bharti Airtel is making the complete kids content library on Airtel Xstream for free to all `Airtel Thanks customers'. Airtel Thanks is a rewards program for the company's customers, which provides them access to various rewards, and privileges. </p><p align="justify">Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.</p>
07-Apr-2020 Bharti Airtel rings loudly after its arm partners with Bharti AXA General Insurance <div align="justify">Bharti Airtel is currently trading at Rs. 448.40, up by 24.45 points or 5.77% from its previous closing of Rs. 423.95 on the BSE.<br></div><div align="justify"><br></div><div align="justify">The scrip opened at Rs. 432.00 and has touched a high and low of Rs. 454.45 and Rs. 432.00 respectively. So far 102934 shares were traded on the counter.<br><br></div><div align="justify">The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 568.60 on 17-Feb-2020 and a 52 week low of Rs. 305.69 on 18-Apr-2019.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 454.45 and Rs. 412.60 respectively. The current market cap of the company is Rs. 244054.36 crore.<br><br></div><div align="justify">The promoters holding in the company stood at 62.70%, while Institutions and Non-Institutions held 30.54% and 6.71% respectively.</div><div align="justify"><br></div><div align="justify">Bharti Airtel's subsidiary -- Airtel Payments Bank has partnered with Bharti AXA General Insurance to offer health insurance plans to provide cover and give financial protection against COVID-19. Under the tie-up, they are offering two health insurance plans -- Bharti AXA Group Health Assure which offers lump sum benefit of Rs 25,000 and Group Hospital Cash which provides daily benefit starting Rs 500 per day -- to provide protection against COVID-19.<br><br></div><div align="justify">With no pre-medical check-up required, both the products are currently available for savings bank account customers of the company who are not suffering from COVID-19 or its symptoms. In case, the policy holder is diagnosed negative after being quarantined for at least 14 days in a government hospital or military facility/establishment, he or she will be entitled to 50 per cent of the sum insured. The policy offers protection for COVID-19 from day one of the purchase and can be purchased at a price of Rs 499 (including GST) for fixed sum insured of Rs 25,000.<br><br></div><div align="justify">Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.</div><div align="justify"><br></div>
06-Apr-2020 Bharti Airtel's arm partners with Bharti AXA General Insurance <p align="justify">Bharti Airtel's subsidiary -- Airtel Payments Bank has partnered with Bharti AXA General Insurance to offer health insurance plans to provide cover and give financial protection against COVID-19. Under the tie-up, they are offering two health insurance plans -- Bharti AXA Group Health Assure which offers lump sum benefit of Rs 25,000 and Group Hospital Cash which provides daily benefit starting Rs 500 per day -- to provide protection against COVID-19.<p align="justify">With no pre-medical check-up required, both the products are currently available for savings bank account customers of the company who are not suffering from COVID-19 or its symptoms. In case, the policy holder is diagnosed negative after being quarantined for at least 14 days in a government hospital or military facility/establishment, he or she will be entitled to 50 per cent of the sum insured. The policy offers protection for COVID-19 from day one of the purchase and can be purchased at a price of Rs 499 (including GST) for fixed sum insured of Rs 25,000.<p align="justify">Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.</p>
04-Apr-2020 Bharti Airtel, CuriosityStream deepen ground-breaking content partnership <DIV align=justify>Bharti Airtel and CuriosityStream have deepened their ground-breaking content partnership to bring premium content from CuriosityStream to TV homes in India. Airtel Digital TV, the DTH unit of Airtel, has launched an exclusive Free to Airtel channel with the full catalogue of CuriosityStream's award-winning factual entertainment films and series. The CuriosityStream TV channel (419) will be available to all the 16.5 million plus customers of Airtel Digital TV and offer massive distribution reach to CuriosityStream.<BR><BR></DIV><DIV align=justify>This is the first time that TV homes (DTH) in India will have direct access to globally-renowned content from CuriosityStream, which was launched by John Hendricks, the visionary founder of Discovery Channel. CuriosityStream lets viewers explore their passions and discover new ones with thousands of films and series covering space, art, volcanoes, history, travel, cars, architecture, dinosaurs and so much more.<BR></DIV><DIV align=justify><BR></DIV><DIV align=justify>Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.<BR></DIV>
31-Mar-2020 Bharti Airtel extends validity period of pre-paid connections <p align="justify">Bharti Airtel has extended the validity period of more than 8 crore pre-paid connections until April 17, 2020. All these customers will continue to get incoming calls on their Airtel mobile numbers even after the validity of their plan is exhausted. The benefits will be available to users in the next 48 hours. </p><p align="justify">The company will also credit an additional Rs 10 of talk time in the pre-paid accounts of all these 8 crore customers to enable them to make calls or send SMS and therefore stay connected with their loved ones. </p><p align="justify">Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.<br></p>
31-Mar-2020 Bharti Airtel gains on extending validity period of pre-paid connections <DIV align=justify>Bharti Airtel is currently trading at Rs. 438.80, up by 9.55 points or 2.22% from its previous closing of Rs. 429.25 on the BSE.<BR><BR></DIV><DIV align=justify>The scrip opened at Rs. 438.00 and has touched a high and low of Rs. 444.60 and Rs. 424.10 respectively. So far 119094 shares were traded on the counter.<BR></DIV><DIV align=justify><BR></DIV><DIV align=justify>The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 568.60 on 17-Feb-2020 and a 52 week low of Rs. 304.78 on 01-Apr-2019.<BR><BR></DIV><DIV align=justify>Last one week high and low of the scrip stood at Rs. 494.05 and Rs. 400.00 respectively. The current market cap of the company is Rs. 233497.85 crore.<BR><BR></DIV><DIV align=justify>The promoters holding in the company stood at 62.70%, while Institutions and Non-Institutions held 30.54% and 6.71% respectively.<BR><BR></DIV><DIV align=justify>Bharti Airtel has extended the validity period of more than 8 crore pre-paid connections until April 17, 2020. All these customers will continue to get incoming calls on their Airtel mobile numbers even after the validity of their plan is exhausted. The benefits will be available to users in the next 48 hours.<BR></DIV><DIV align=justify>The company will also credit an additional Rs 10 of talk time in the pre-paid accounts of all these 8 crore customers to enable them to make calls or send SMS and therefore stay connected with their loved ones. <BR><BR>Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.</DIV><DIV align=justify><BR></DIV>
31-Mar-2020 GG Engineering, Bharti Airtel and Federal Bank to see some action today <p align="justify"><strong>GG Engineering</strong> has obtained order for supply, installation, operation and maintenance of 25 Plastic Bottle Crushing Machine with advertisement Right for 5 years at various location of 16 stations over Mumbai divisions from the Western Railway, Mumbai Central for the disposal of Plastics in an efficient way. </p><p align="justify"><strong>Bharti Airtel</strong> has extended the validity period of more than 8 crore pre-paid connections until April 17, 2020. All these customers will continue to get incoming calls on their Airtel mobile numbers even after the validity of their plan is exhausted. The benefits will be available to users in the next 48 hours. </p><p align="justify"><strong>Federal Bank's</strong> board has approved an investment of Rs 148 crore in subsidiary - Fedbank Financial Services (FFSL) through rights issue. The objective of the Rights issue is to infuse regulatory capital in the firm. This is more than 5% of the Post-issue Paid up Capital of FFSL. </p><p align="justify"><strong>Reliance Industries</strong> is planning to raise funds by way of issuance of listed, secured / unsecured, redeemable non-convertible debentures (NCDs) on private placement basis, in one or more tranches/ series. A meeting of the Board of Directors of the company is scheduled to be held on April 2, 2020 to consider and approve the same. </p><p align="justify"><strong>SPA Capital Services</strong> (SPACSL) has agreed to make a strategic investment in IFAN Finserv by acquiring equity share equivalent to 40.2% of the issued and paid-up share capital of the investee company by March 31, 2020. Toward this end, the company on March, 29 2020 has entered into a Share Purchase Agreement to acquire equity share equivalent to 40.2% of the issued and paid up share capital of the Investee company as on date from the Promoter and other existing shareholders.</p><p align="justify"><strong>Dhampur Sugar Mills</strong> has started production of ‘Hand Sanitizers' at Bijnor unit which is located at Uttar Pradesh with effect from March 29, 2020.</p><p align="justify">Infosys Foundation, the philanthropic and CSR arm of <strong>Infosys</strong>, is committing Rs 100 crore to support efforts towards fighting COVID-19 in India. The Foundation contributed half of this commitment (Rs 50 crore) to the PM CARES Fund.&nbsp;&nbsp; <br></p>
27-Mar-2020 NTPC, Yes Bank and Maharashtra Seamless to see some action today <p align="justify"><strong>NTPC</strong> has signed share purchase agreements to acquire the government's stakes in THDC India (THDCIL) and North Eastern Electric Power Corporation (NEEPCO) for a total of Rs 11,500 crore. NTPC has entered into share purchase agreements (SPAs) with the central government to acquire its 74.496 per cent equity stake in THDCIL for Rs 7,500 crore and its 100 percent equity in NEEPC for Rs 4,000 crore. </p><p align="justify"><strong>Yes Bank's</strong> board has approved a proposal to raise funds for an additional amount aggregating up to Rs 5,000 crore. The fund may be raised in one or more tranches by way of issuance of securities but not limited to through a qualified institutions placement/ public issue, rights issue, global depository receipts, American depository receipts, foreign currency convertible bonds or any other permissible mode. The board meeting held on March 26, 2020 has cleared this proposal.&nbsp;&nbsp; </p><p align="justify">Consequent upon receipt of requisite approval from the Seller, <strong>Maharashtra Seamless</strong> has acquired an Offshore Jack Up Drilling Rig from Star Drilling, Singapore, an associate of the company for $100 million. The said Rig is currently operating under contract with Oil and Natural Gas Corporation (ONGC).</p><p align="justify"><strong>ICICI Bank</strong> has invested Rs 51.09 crore in Auxilo Finserve, an associate company of Balrampur Chini Mills, by way of subscription to its 3,40,62,153 Equity Shares of Rs 10 face value per share, constituting 9.90% of its Equity Share Capital at a premium of Rs 5 per share, pursuant to the definitive agreements executed on March 25, 2020. Prior to the above investment, Balrampur Chini Mills held 50% of the Equity Share Capital in Auxilo Finserve, which now stands at 45.05%.</p><p align="justify"><strong>Bharti Airtel</strong> is offering free access to thousands of e-books on its platform, Juggernaut Books (formerly Airtel Books). As India stays at home to support the government's efforts to contain the spread of COVID-19, readers can now access thousands of top books and novels on Juggernaut Books for free by simply downloading the app (Android/iOS) on their smartphones.</p><p align="justify"><strong>NIIT</strong> and its subsidiary -- Eagle Productivity Solutions Inc. have developed a set of actionable roadmaps, toolkits and packaged services to help Learning and Development (L&amp;D) organizations minimize the disruption caused due to the accelerating impact of the&nbsp; COVID-19.</p><p align="justify"><strong>Bank of Maharashtra</strong> has received approval from Board of Director to raise equity capital of Rs 831 crore (including premium) through issue of equity share of bank to Government of India on preferential basis.&nbsp; <br></p>
26-Mar-2020 Bharti Airtel offering free access to e-book platform <p align="justify">Bharti Airtel is offering free access to thousands of e-books on its platform, Juggernaut Books (formerly Airtel Books). As India stays at home to support the government's efforts to contain the spread of COVID-19, readers can now access thousands of top books and novels on Juggernaut Books&nbsp;for free by simply downloading the app (Android/iOS) on their smartphones.</p><p align="justify">Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.<br></p>