Shares of Bharti Airtel may plunged up to 7 per cent on breaking 200-DMA, while Paytm shares need to holds above its 200-DMA to upheld the positive stance.
Google will hold 1.2 per cent of the total post-issue equity shares of the company, Bharti Airtel said
Bharti Airtel rises 6% on Google's $1-bn investment plan, erases gains later; PSE stocks surge ahead of Budget; CPSE index gains 1%; Adani Wilmar IPO subscribed 1.08 times on day 2
The stock has gained 43% YTD against 20% jump in RIL and 15% fall in Voda Idea
Benchmark indices Sensex and Nifty managed to end in positive territory after fighting bouts of volatility on Thursday as investors followed risk-off mode in global markets. After a volatile trade, the 30-share Sensex ended 54.81 points or 0.09 per cent higher at 58,305.07 -- its all-time closing high. The NSE Nifty rose 15.75 points or 0.09 per cent to settle at 17,369.25. On the Sensex chart, Bharti Airtel was the top gainer, followed by Nestle India, Tata Steel, Bajaj Finserv, HCL Tech and ITC. On the other hand, Titan, UltraTech Cement, Bajaj Auto, HDFC Bank and Axis Bank were among the laggards. Of the Sensex constituents, 18 shares logged gains and 12 suffered losses. During the holiday-truncated week, the Sensex rose 175.12 points or 0.30 per cent, while the Nifty advanced 45.65 points or 0.26 per cent. Sectorally, telecom, power, utilities, capital goods and metal indices rose up to 2.40 per cent. On the other hand, realty, consumer durables, bankex and finance ended in
Bharti Airtel's staggered equity capital raise may also create adequate headroom to prepare for a scenario of plausible exit of Vodafone Idea in the medium term, fear analysts
Shares of Bharti Airtel on Monday gained over 4 per cent after the company's board approved raising up to Rs 21,000 crore by way of rights issue
Shares of the country's second-largest telecom operator fell as much as 2.3% to Rs 537.25 in morning trade and were set for a fifth straight session of losses
MSCI said it will take a decision on increasing the weightage of the telecom services provider at upcoming index review in February
Shares of the telecom operator hit a seven-month high of Rs 601.8 on BSE
Jump in user base and margin improvement helped stock end with a gain of 3.3% in a falling market. Nevertheless, it shed 8.3% from day's high of Rs 488 to end at Rs 448
The brokerage notes that the pricing status quo is net positive for Jio and Bharti and negative for Vodafone Idea.
There could be earnings cuts and lower target prices if the hikes don't materialise this year
This modern optical network, Sterlite Technologies said, will enable Airtel to deliver world-class customer experience.
Within the promoter and promoter group, 100 per cent of votes cast were in favour of the scheme
The firm posted an over two-fold jump in profit before tax (PBT) of Rs 372 crore for the quarter before exceptional items
At 09:15 am; around 155.71 million equity shares representing 2.85 per cent of total equity of Bharti Airtel changed hands on the BSE, the exchange data show.
Tariff hike hopes and market share gains in the coming quarters could help sustain stock price
Telecom major Bharti Airtel was the stock of the day as it hit a new lifetime high of Rs 603 during the day
ICRA downgraded Bharti Airtel's long-term rating from "AA" to "AA-"on higher than anticipated provision for dues towards license fees on adjusted gross revenues (AGR) and spectrum usage charge.