Bharti Airtel Limited is an India-based telecommunications company with a global network. The company operates in 17 countries across Asia and Africa. Apart from the telecom network services, Bharti Airtel also offers digital TV services, broadband services, and tower infrastructure services. The company was incorporated on 7 July 1995 as a flagship company of Bharati Enterprises. It is headquartered in New Delhi, India, and its market capitalisation, as of 16 October 2022 is Rs 4,40,764 crore.
Bharti Airtel is registered on National Stock Exchange and the Bombay Stock Exchange. It also has its partly paid shares registered on both stock exchanges. The NSE code for Bharti Airtel partly paid-up shares is AIRTELPP, and the BSE code is 890157.
Apart from India, the company offers 2G, 3G, and 4G cellular services in Sri Lanka and Africa. It has recently launched its 5G services in India. The company also offers tower infrastructure services, which include setting, operating, and maintaining wireless communication towers in India. The company is ranked among the top three mobile service providers worldwide and has more than 3,65,000 RKMs in 50 countries across five continents. For the quarter that ended June 2022, the company has reported a total consolidated income of Rs 32,996.80 crore with a net profit of Rs 2306.00 crore.
Top mutual funds in which the company has invested include Sundaram Focussed Fund Direct Growth, SBI Focussed Equity Fund Direct Growth, Invesco India Growth Opportunities Fund Direct Growth, and Invesco India Contra Fund Direct Growth. The company’s management team includes Mr Sunil Bharti Mittal (Chairman), Mr Gopal Mittal (MD and CEO), Mr Chua Sock Koong (Non-Executive Director), Mr Rakesh Bharti Mittal (Non-Executive Director), Mr Manish Kejriwal (Independent Director), Mr Shyamal Mukherjee (Independent Director), and Mr Soumen Ray (CFO), among others.
On 16 October 2022, Bharti Airtel Limited partly paid-up shares were trading at Rs 380.00 at the NSE and Rs 380.50 at the BSE. The 52-week low price of these shares is Rs 259.00, whereas the 52-week high price is Rs 460.60. Bharti Airtel Limited partly paid-up shares have given a six-month return of 6.31% and a one-year return of 10.84%. The top peers of the company include Tata Communications, Tata Tele Maharashtra, Vodafone Idea, and Tejas Networks, among others.
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