Bharti Airtel Ltd is in the Telecommunications sector with the Market Capitalization of worth Rs. 348221.97 crores. It was incorporated in the year 1995. It features consolidated sales of Rs. 26,853.60 crores in June 2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 532454 and additionally listed in the National Stock Exchange (NSE) with the code as BHARTIARTL.
Bharti Airtel, also known as Airtel, having its registered office in New Delhi, is a multinational telecommunications service provider having operations in 18 countries across Asia & Africa. It is the second-largest mobile network operator in the country and the second-largest mobile network operator globally. Airtel provides a wide range of telecommunications
services ranging from 2G, 3G & 4G wireless services, fixed line services, wireless services, broadband services, DTH services, etc. In addition, Airtel has entered into agreements with Ericsson, Huawei and Nokia network to supply equipment, while Amdocs provides IT support. The company has 14000+ employees on the roll and 34600+ contractual employees as of 31st March ‘2021. The company’s promoters currently hold 55.86% of the stake in the company, while the Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) hold 18.12% and 20.66% of the stake. The balance of 5.36% is by others (5.33% BY retail investors and 0.03% by others).
In June 2021, quarterly net sales were Rs. 16,114.20 crores, which has increased by approximately 7.08% from Rs. 15,049.20 crores for the April-June 2020 quarter. Quarterly net loss in June 2021 was Rs. 436.10 crores, which has improved by 97.35% as compared to net loss of Rs. 16,461.80 crores in June 2020. In June 2021, operating profit was reported at Rs. 9,237.90 crores, which is also increased by 311.20% as compared to an operating loss of Rs. 4,374.10 crores for the quarter ending in June 2020. From (Rs. 30.17) in June 2020, the EPS of Bharti Airtel has improved to (Rs. 0.79) per share in June 2021. BHARTIARTL’s stock closed at Rs. 634.05 on 16th August’2021 (NSE) and has returned 6.80% in the last six months and 18.44% in the last year.
Bharti Airtel share price as on 19 Mar 2024 is Rs. 1222.45. Over the past 6 months, the Bharti Airtel share price has increased by 33.61% and in the last one year, it has increased by 58.39%. The 52-week low for Bharti Airtel share price was Rs. 738.85 and 52-week high was Rs. 1222.8.