BHARTIARTL.NS - Bharti Airtel Limited

NSE - NSE Real Time Price. Currency in INR
363.85
+2.30 (+0.64%)
As of 1:55PM IST. Market open.
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Previous Close361.55
Open0.00
Bid363.90 x 0
Ask363.95 x 0
Day's Range362.30 - 366.25
52 Week Range254.20 - 378.75
Volume3,021,826
Avg. Volume6,807,178
Market Cap1.867T
Beta (3Y Monthly)1.11
PE Ratio (TTM)N/A
EPS (TTM)-6.17
Earnings DateN/A
Forward Dividend & Yield4.59 (1.27%)
Ex-Dividend Date2018-11-05
1y Target EstN/A
  • Bharti Airtel reports first quarterly loss in over a decade
    Reuters

    Bharti Airtel reports first quarterly loss in over a decade

    Indian telecom operator Bharti Airtel Ltd reported its first quarterly loss in over a decade on Thursday, taking a one-time hit of 14.69 billion rupees, as it lost customers amid a fierce battle against Reliance Jio for market share. Airtel's net loss for the three months ended June 30 was 28.66 billion rupees ($415 million), compared to a profit of 973 million rupees a year ago. Like rival Vodafone Idea Ltd, Airtel has been under pressure ever since Jio, controlled by Asia's richest man Mukesh Ambani, launched its telecom services and shook up the market.

  • Airtel Africa profit more than doubles in first report since IPO
    Reuters

    Airtel Africa profit more than doubles in first report since IPO

    The company, which debuted on the London Stock Exchange last month, is backed by investors including SoftBank Group Corp, Warburg Pincus and Temasek Holdings (Private) Ltd. It operates in a region that has a large untapped market, while its European peers have been suffering. Airtel Africa, a unit of India's Bharti Airtel Ltd, said pretax profit for the first quarter ended June 30 rose to $167.4 million from $80.2 million a year earlier.

  • India panel approves $442 million fine for telecoms firms
    Reuters

    India panel approves $442 million fine for telecoms firms

    A government panel on Wednesday approved a combined penalty of 30.5 billion rupees ($442 million) on telecom operators Bharti Airtel and Vodafone Idea for not providing points of interconnection to Reliance Industries' telecom unit Jio when it began operations in 2016, Indian media reported. India's telecom regulator in 2016 recommended the penalty against Bharti, and what were then Vodafone Group Plc's India unit and Idea Cellular, saying the three denied points of interconnection to Jio, a move it termed as anti-consumer and aimed at stifling competition.

  • Reliance Jio overtakes Bharti Airtel to become No.2 operator
    Reuters

    Reliance Jio overtakes Bharti Airtel to become No.2 operator

    Reliance Industries Ltd's telecom unit Jio pipped rival Bharti Airtel to become India's second-largest operator by subscribers as of May, government data showed. Jio, controlled by Asia's richest man Mukesh Ambani, has disrupted the telecom industry in the country since it was launched in 2016, offering cheap bundles and prompting shutdowns. As of the end of May, the operator had added 8.2 million users since April to end the month with 323 million wireless customers, data from the Telecom Regulatory Authority of India, showed.

  • Airtel Africa drops 10% in early trade after Lagos listing
    Reuters

    Airtel Africa drops 10% in early trade after Lagos listing

    Airtel Africa shares fell sharply on Wednesday, a day after its debut $4.4 billion flotation in Lagos, mirroring a similar decline on the London stock market where the telecoms firm has its primary listing. Airtel dropped 10% in early trade on Wednesday, hitting a low of 359.40 naira against an initial public offering price of 363 naira. The telecoms company, owned by India's Bharti Airtel, listed in Lagos on Tuesday in an offering that made it the third-largest company on the exchange by market value behind main rival MTN Nigeria and Dangote Cement.

  • Airtel Africa debuts in Lagos in $4.4 billion listing
    Reuters

    Airtel Africa debuts in Lagos in $4.4 billion listing

    Airtel Africa listed on the Nigerian Stock Exchange on Tuesday in a 1.36 trillion naira ($4.4 bln) flotation turning the telecoms company into the bourse's third-largest stock by market value. Airtel Africa's shares climbed 10% from their listing price of 363 naira after the float went live. The company, owned 68.3% by India's Bharti Airtel, offered shares in its African unit two weeks ago via a London IPO and said it would dual list in Nigeria, its biggest market in Africa.

  • Delayed Airtel Africa's $4.4 billion Nigeria listing to go ahead on Monday
    Reuters

    Delayed Airtel Africa's $4.4 billion Nigeria listing to go ahead on Monday

    Airtel Africa aims to list on the Nigerian bourse on Monday, one of the financial advisors arranging the issue said, after the exchange postponed the listing which had been scheduled for Friday. The Nigerian Stock Exchange on Friday said the secondary listing of Airtel Africa shares planned for July 5 had been postponed to ensure the telecoms company meets its listing requirements. India's Bharti Airtel last week offered shares in its African unit via a London IPO and it would dual list in Nigeria, its biggest market in Africa.

  • Global share listings dragged to three-year low by European shortage
    Reuters

    Global share listings dragged to three-year low by European shortage

    Global share listings hit their lowest level in three years in the first half of the year, with a slowdown in Europe counteracting a stronger U.S. showing where tech giants Uber and Pinterest made their debuts. Proceeds from global listings fell 31% to $62.8 billion in the year to date, compared to $90.5 billion in the same period a year ago, mostly dragged down by a seven-year low in Europe, Refinitiv data shows. Among the most anticipated share offerings of the year were Silicon Valley's ride hailing apps Uber Technologies and Lyft Inc and image sharing website Pinterest.

  • Reuters

    Global share listings dragged to 3-year low by European shortage

    Global share listings hit their lowest level in three years in the first half of the year, with a slowdown in Europe counteracting a stronger U.S. showing where tech giants Uber and Pinterest made their debuts. Proceeds from global listings fell 31% to $62.8 billion in the year to date, compared to $90.5 billion in the same period a year ago, mostly dragged down by a seven-year low in Europe, Refinitiv data shows. At $79 billion market capitalisation, Uber was the biggest of a group of tech startups that have spent years raising money in private rounds at record prices before listing.

  • Airtel Africa drops 15% in early trade after London debut
    Reuters

    Airtel Africa drops 15% in early trade after London debut

    Airtel Africa shares fell as much as 15% on Friday after its London stock market debut, hitting a low of 67 pence ($0.85) against an initial public offering price of 80 pence. The company, a unit of India's Bharti Airtel Ltd, set a range of 80 to 100 pence per share last week for its IPO, before pricing at the bottom of the spread. The final offer comprised 744 million new shares, setting the deal size at 595 million pounds and the initial market capitalisation at about 3.1 billion pounds at issue, the company said.

  • Airtel Africa to price London listing at bottom of range: bookrunner
    Reuters

    Airtel Africa to price London listing at bottom of range: bookrunner

    Airtel Africa, a unit of India's Bharti Airtel Ltd, last week set a price range of 80 to 100 pence per share for its IPO, which is expected to raise 595 million pounds from the issuance of 595.2 million to 744 million new shares. The bookrunner, which said on Monday it had received indications of interest worth about $200 million from pre-IPO investors, said it had further investor orders of $100 million.

  • Airtel Africa expects London IPO to be priced between 80-100 pence share
    Reuters

    Airtel Africa expects London IPO to be priced between 80-100 pence share

    The company said the price range values it between 3.01 billion pounds and 3.62 billion pounds at the price range. Airtel Africa also said it intends to list its shares on the Nigerian Stock Exchange at the same time as the London listing.

  • Bharti Airtel to pay Tanzania $26 million, cancel debt at unit to settle dispute
    Reuters

    Bharti Airtel to pay Tanzania $26 million, cancel debt at unit to settle dispute

    India's Bharti Airtel has agreed to pay 60 billion shillings ($26 million) over five years and cancel debt to resolve a dispute over ownership of its Airtel Tanzania unit, the Tanzanian government said on Monday. Tanzania's minister for foreign affairs and east Africa cooperation, Palamagamba Kabudi, announced the deal at a ceremony to receive a three-month batch of monthly payments worth 1 billion shillings each due from April this year. Bharti Airtel also cancelled $407 million of debt owed to it by Airtel Tanzania as part of the settlement, Kabudi said.

  • Reuters

    Airtel Africa looks at $1 billion London listing

    Airtel Africa Ltd, a subsidiary of Indian telecoms group Bharti Airtel Ltd , is considering a stock market flotation in London, it said on Tuesday, part of efforts to expand its data and mobile money services across Africa. Airtel operates in 14 African markets including Democratic Republic of the Congo, Kenya, Nigeria, Rwanda, Seychelles, Uganda and Zambia.