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Bharti Airtel clocks 1.2% gains on the bourses

Bharti Airtel clocks 1.2% gains on the bourses

The telecom company has entered into a definitive agreement to acquire 1800 MHz spectrum from Videocon Telecom for Rs.4,428 crore.

Bharti Airtel gained 1.2% to Rs.349.25 on BSE. The telecom company has entered into a definitive agreement to acquire 1800 MHz spectrum from Videocon Telecom for Rs.4,428 crore. 

The scrip opened at Rs. 346 and has touched a high and low of Rs. 350.75 and Rs. 346 respectively. So far 288566(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 138010.24 crore.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 452.45 on 21-Jul-2015 and a 52 week low of Rs. 282.3 on 29-Jan-2016. Last one week high and low of the scrip stood at Rs. 352.5 and Rs. 339 respectively.

The promoters holding in the company stood at 66.74 % while Institutions and Non-Institutions held 26.75 % and 6.46 % respectively.

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