Bharti Airtel rings loudly on initiating process to revise foreign investment limit to 100%
Image placeholder

Bharti Airtel is currently trading at Rs. 588.00, up by 22.25 points or 3.93% from its previous closing of Rs. 565.75 on the BSE.

The scrip opened at Rs. 588.00 and has touched a high and low of Rs. 600.00 and Rs. 586.25 respectively. So far 573570 shares were traded on the counter.

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. 381.05 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 569.45 and Rs. 513.75 respectively. The current market cap of the company is Rs. 308648.16 crore.

The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 39.29% and 4.48% respectively.

Bharti Airtel is initiating the process to revise its foreign investment limit, as notified to its depositories, to 100% with immediate effect. In compliance of the foreign direct investment (FDI) approval dated January 20, 2020 granted to the Company by the Department of Telecommunications, the Company has received approvals for its relevant downstream investments.

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

Get watch our process Click here Ideal Stock Investment , daliy call profit, Market News, Fill Our ask an Expert form

Categories
Connect with us

GET AN INSTANT OUR EXPERT ADVICE

For Ask An Expert Advice Give A Missed Call On - 0731-4994956