Company Profile

BHARTI AIRTEL LTD.

NSE : BHARTIARTLBSE : 532454ISIN CODE : INE397D01024Industry : Telecommunication - Service ProviderHouse : Bharti
BSE558.8510.05 (+1.83 % )
PREV CLOSE (Rs.) 548.80
OPEN PRICE (Rs.) 550.20
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 344094
TODAY'S LOW / HIGH (Rs.)546.60 560.30
52 WK LOW / HIGH (Rs.)325.6 611.7
NSE558.95 9.95 (+1.81 % )
PREV CLOSE(Rs.) 549.00
OPEN PRICE (Rs.) 552.00
BID PRICE (QTY) 558.95 (4010 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 12682481
TODAY'S LOW / HIGH(Rs.) 546.55 560.50
52 WK LOW / HIGH (Rs.)325.5 612

Company News

Date Heading Details
05-Aug-2020 Bharti Airtel inks strategic collaboration agreement with AWS <div align="justify"><span>Bharti Airtel has entered into a multi-year, Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to deliver a comprehensive set of innovative cloud solutions to large enterprise and small and medium enterprise (SME) customers in India.</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Airtel Cloud will build an AWS Cloud Practice supported by AWS Professional Services, as well as develop differentiated Airtel Cloud products and capabilities leveraging AWS services, Airtel's data center capabilities, and Airtel's network and telecoms offerings. Airtel customers will benefit from an integrated sales, consulting, and support approach from both companies, and improved security, scalability, and cloud management capabilities.&nbsp;</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Bharti Airtel is a leading global telecommunications company with operations in 18 countries across Asia and Africa.</span></font></div><div align="justify"><br></div>
04-Aug-2020 TRAI gives Bharti Airtel time till August 10 on priority plan queries <DIV align=justify><SPAN>The Telecom Regulatory Authority of India (TRAI) has granted additional time to Bharti Airtel to submit detailed responses on fresh set of questions on its premium plans, where queries range from what happens when a non-priority customer is surrounded by priority users during congestion, to limit of throughput configured for the two sets of subscribers. The company has been given time till August 10 to file their responses.</DIV><SPAN><DIV align=justify><BR></DIV><DIV align=justify><SPAN>Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.</DIV><DIV align=justify><BR></DIV>
30-Jul-2020 Bharti Airtel reports consolidated net loss of Rs 15191 crore in Q1 <p align="justify">Bharti Airtel has reported results for first quarter ended June 30, 2020.<p align="justify">The company has reported net loss of Rs 16461.80 crore for the quarter under review as against net loss of Rs 1303.70 crore for the same quarter in the previous year. Total income of the company increased 16.25% at Rs 15660.10 crore for Q1FY21 as compared Rs 13471.50 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported net loss attributable to owners at Rs 15191.20 crore for the quarter under review as against net loss of Rs 2392.20 crore for the same quarter in the previous year. Total income of the company increased by 16.10% at Rs 24419.20 crore for Q1FY21 as compared Rs 21032.40 crore for the corresponding quarter previous year.</p>
29-Jul-2020 Bharti Airtel conceptualizing 5G trials in association with OEMs, application developers <p align="justify">Bharti Airtel is in continuous pursuit to upgrade existing 4G base stations with 5G capabilities to be future ready, and is conceptualizing 5G trials in association with OEMs and application developers. The company's annual report for FY20 talks of building 5G capabilities and promises that proposed investments in current networks will deliver robust connectivity to consumers and lay a strong foundation for 5G services in the near future.</p><p align="justify">These trials help to showcase company's 5G capabilities through various enhanced Mobile Broadband (eMBB) and industrial use cases and applications. The rising demand for high-speed data has escalated the need for 5G services in one of the world's largest telecom markets. The proposed investments in the current networks will deliver strong connectivity to Airtel consumers, laying a strong foundation for 5G services in the near future. </p><p align="justify">Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.<br></p>
29-Jul-2020 Bharti Airtel gains on conceptualizing 5G trials in association with OEMs, application developers <div><span>Bharti Airtel is currently trading at Rs. 566.00, up by 1.35 points or 0.24% from its previous closing of Rs. 564.65 on the BSE.</span></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>The scrip opened at Rs. 566.00 and has touched a high and low of Rs. 569.15 and Rs. 561.00 respectively. So far 494715 shares were traded on the counter.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 611.70 on 20-May-2020 and a 52 week low of Rs. 321.60 on 01-Aug-2019.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>Last one week high and low of the scrip stood at Rs. 575.65 and Rs. 544.25 respectively. The current market cap of the company is Rs. 307911.66 crore.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 38.52% and 5.21% respectively.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>Bharti Airtel is in continuous pursuit to upgrade existing 4G base stations with 5G capabilities to be future ready, and is conceptualizing 5G trials in association with OEMs and application developers. The company's annual report for FY20 talks of building 5G capabilities and promises that proposed investments in current networks will deliver robust connectivity to consumers and lay a strong foundation for 5G services in the near future.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>These trials help to showcase company's 5G capabilities through various enhanced Mobile Broadband (eMBB) and industrial use cases and applications. The rising demand for high-speed data has escalated the need for 5G services in one of the world's largest telecom markets. The proposed investments in the current networks will deliver strong connectivity to Airtel consumers, laying a strong foundation for 5G services in the near future.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.</span></font></div><div><br></div>
25-Jul-2020 Bharti Airtel loses 52.69 lakh subscribers in April <P align=justify>Bharti Airtel has lost 52,69,882 customers in April 2020. Following this, the company's total customer base decreased to 32.25 crore with market share of 28.06% in terms of wireless subscribers as on April 30, 2020.<P align=justify>Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
23-Jul-2020 Bharti Airtel's arm inks pact with NSDC <p align="justify">Bharti Airtel's subsidiary -- Airtel Payments Bank has entered into partnership with the National Skill Development Corporation (NSDC) to skill the youth in rural India and enable them to find employment opportunities in the financial services sector. The partnership will leverage NSDC's experience, training infrastructure and wide network with Airtel Payment Bank's industry insights, to design and conduct targeted skill development programmes for rural youth.</p><p align="justify">The skill development programme will be tailored for imparting knowledge and skills for entry-level jobs, such as business correspondent and field sales executive, in the financial services sector. The programme will focus on adoption of digital tools to drive online banking and digital financial services, given the growing penetration of affordable smartphones and 4G networks in the country.</p><p align="justify">Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.<br></p>
23-Jul-2020 Bharti Airtel gains as its arm inks pact with NSDC <div align="justify"><span>Bharti Airtel is currently trading at Rs. 574.00, up by 4.50 points or 0.79% from its previous closing of Rs. 569.50 on the BSE.</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The scrip opened at Rs. 570.00 and has touched a high and low of Rs. 575.65 and Rs. 567.20 respectively. So far 528565 shares were traded on the counter.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 611.70 on 20-May-2020 and a 52 week low of Rs. 321.60 on 01-Aug-2019.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Last one week high and low of the scrip stood at Rs. 583.80 and Rs. 562.05 respectively. The current market cap of the company is Rs. 312057.88 crore.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 38.52% and 5.21% respectively.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Bharti Airtel's subsidiary -- Airtel Payments Bank has entered into partnership with the National Skill Development Corporation (NSDC) to skill the youth in rural India and enable them to find employment opportunities in the financial services sector. The partnership will leverage NSDC's experience, training infrastructure and wide network with Airtel Payment Bank's industry insights, to design and conduct targeted skill development programmes for rural youth.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The skill development programme will be tailored for imparting knowledge and skills for entry-level jobs, such as business correspondent and field sales executive, in the financial services sector. The programme will focus on adoption of digital tools to drive online banking and digital financial services, given the growing penetration of affordable smartphones and 4G networks in the country.</span></font></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.</span></font></div><div align="justify"><br></div>
23-Jul-2020 Infosys, Coal India and Vodafone Idea to see some action today <p align="justify"><strong>Infosys</strong> has formed a consortium with pymetrics, Merit America, Per Scholas, Revature, and Woz Enterprise that will leverage its Wingspan solution to create a free online platform, connecting employees and employers, and provide training for job seekers. The consortium will leverage Infosys Wingspan and pymetrics' AI-based talent-matching platform to meet reskilling and employment needs raised by the COVID-19 crisis in America.</p><p align="justify"><strong>Coal India</strong> (CIL) has gained over Rs 3,125 crore from supply of improved quality coal over committed grades and supply beyond annual contracted quantity (ACQ). An amount of around Rs 1,365 crore provisioned under coal quality variance in the earlier years has been withdrawn, in the last fiscal, which is the net gain to the company on whole. The PSU's coal supplies, above agreed ACQ to its customers, having fuel supply agreement (FSA), also netted the company a substantial amount of over Rs 1,760 crore under performance incentive during the previous two fiscals combined. </p><p align="justify"><strong>Vodafone Idea</strong> has completed its postpaid consolidation exercise, by bringing all Idea postpaid subscribers under a single umbrella of 'Vodafone RED'. All Vodafone Idea postpaid subscribers can now avail benefits of the Vodafone RED plan, a uniform customer service, and an enhanced digital experience. The consolidation is a significant step towards its synergy realisations and has led to process standardisation for both the retail and enterprise customers. </p><p align="justify"><strong>Tata Communications</strong> has started offering internet services and solutions to enterprises directly in Saudi Arabia. The company has been operating in Saudi Arabia since 2004 in association with local partners, but now it has been given a new licence that allows the company to directly offer services to business organisations in Middle East nations and bill them in local currency. The company recently secured a Type B telecom license in the Kingdom of Saudi Arabia (KSA).</p><p align="justify"><strong>Bharti Airtel's</strong> subsidiary -- Airtel Payments Bank has entered into partnership with the National Skill Development Corporation (NSDC) to skill the youth in rural India and enable them to find employment opportunities in the financial services sector. The partnership will leverage NSDC's experience, training infrastructure and wide network with Airtel Payment Bank's industry insights, to design and conduct targeted skill development programmes for rural youth.</p><p align="justify"><strong>Alankit </strong>Group has collaborated with UTI Infrastructure Technology and Services, a Government Financial Services Provider Company. The company can now provide all the PAN card services to the citizens digitally PAN India at all its facilitation centers.</p><p align="justify"><strong>KPIT</strong> has opened a new software engineering center in Germany's Munich, which will house nearly a tenth of its overall workforce. The center will work in the area of electrification, autonomous driving, AUTOSAR and vehicle diagnostics and will also house expertise in other areas like digital cockpit.<br></p>
22-Jul-2020 Bharti Airtel, Wipro and Indian Hotels Company to see some action today <p align="justify"><strong>Bharti Airtel</strong> has renewed its agreement with Swedish telecom gear maker Ericsson to manage pan-India network operations. Under the agreement, Ericsson will also manage Airtel's network operations center and field maintenance activities across India. The three-year deal will see Airtel launching Ericsson Operation Engine during 2020.</p><p align="justify">Wipro Gallagher Solutions (WGS), a <strong>Wipro</strong> company and a leading provider of loan origination software solutions, has entered into partnership with EXOS Technologies, a division of ServiceLink. EXOS' cutting-edge platform provides techenabled mortgage services throughout the lending life cycle. By combining EXOS with WGS' NetOxygen Launchpad and NetOxygen LOS systems, lenders will experience the first-ever fully integrated, end-to-end digital mortgage solution. The addition of EXOS into Wipro Gallagher Solutions will result in increased transparency and quicker turnaround times.</p><p align="justify"><strong>Indian Hotels Company</strong> (IHCL) has inked pact to acquire the remaining 14.28 percent stake in ELEL Hotels and Investment from the Nanda family. The deal will make the company hundred percent leasehold owner of the Sea Rock hotel site in Mumbai by the end of December, 2021. ELEL Hotels, a subsidiary of IHCL, holds the long-term land lease for Sea Rock.</p><p align="justify"><strong>Godrej Agrovet</strong> has acquired an additional 0.90 percent of the paid-up equity share capital of its subsidiary, Godrej Maxximilk. With this, the company's total shareholding in Godrej Maxximilk has increased from 74 percent to 74.90 percent. </p><p align="justify"><strong>DJ Mediaprint &amp; Logistics</strong> has been empanelled by LIC Divisional Office, Shimla for the years 2020-2023 for various printing services. This opens up new avenues for the Company in the Northern Markets. </p><p align="justify"><strong>Valiant Communications</strong> (VCL) has provided a comprehensive Cyber Security solution designed to assist organizations to detect, prevent and secure their network against firewall breaches and cyber-attacks. Valiant's Cyber Security Solution functions in real-time to alert the user against a network security breach and to take appropriate corrective measures, according to user's custom defined network security policy. </p><p align="justify"><strong>InterGlobe Aviation</strong> (IndiGo) is flying only a small percentage of its full fleet of 250 airplanes, even as the current pandemic has impacted many industries around the world, amongst which aviation has been one of the sectors that has been impacted the hardest.<br></p>