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Bharti Airtel Share Price Today: Bharti Airtel Deploys Additional 17.4 MHz Spectrum In Himachal Pradesh, Stock Edges Lower

Bharti Airtel Share Price: On Friday, Bharti Airtel opened on the BSE at Rs 549, swinging to an intra day high of Rs 549.85, and an intra day low of Rs 540.05, so far. ....

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bharti airtel shares: What could be the next trigger for telecom stocks?

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Sectors that were out of favour in the last 5-10 years are now coming back on their own, says Anshul Saigal, Portfolio Manager & Head - PMS, Kotak Mahindra AMC. Edited excerpts from his interview with ET Now:
What is your reading of the mild consolidation seen in the market? The broader market has put up a decent show.
What is not visible to the observer of frontline indices is that there is a broad-based uplifting of stock prices in the Indian bourses. In the last 3 years, the rally was quite polarised and favoured only a few select largecaps and the so-called quality and high cash flow kind of companies. This is becoming more broad-based now. ....

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Bharti Airtel shares: Can Bharti Airtel be a strong bet for the long term?

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From the perspective of next 1-2 years, Bharti looks good but the short-term perspective remains subdued, says Hemang Jani, Equity Strategist & Senior Group VP, Motilal Oswal Financial Services. Edited excerpts from his interview with ET Now:
The smallcap index is at an all-time high. Out of the 3,000 plus stocks in the segment, over 550 of them are up by more than 4 per cent and 350 are at their 52-week highs. What do you think of this exuberance?
In the last one year or so, midcap and smallcap indices have outperformed Nifty. It will continue for some more time in certain pockets like specialty chemicals, PSUs and pharma because of earnings or overall outlook. We like Laurus Labs and Gujarat Gas. The entire PSU space is doing well. ....

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Airtel Africa mobile money biz gets $100 million infusion from Mastercard

Airtel Africa mobile money biz gets $100 million infusion from Mastercard
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Last Updated: Apr 01, 2021, 02:13 PM IST
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Synopsis
Mastercard will invest $100 million in Airtel Mobile Commerce BV (AMC BV), a wholly owned arm of Airtel Africa plc.
AMC BV is the holding company for several of Airtel Africa s mobile money operations.
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KOLKATA: Airtel Africa has signed a deal to sell a 3.75% stake in its mobile money operations to global payment processor Mastercard Inc for $100 million, valuing the business at $2.65 billion.
Under the agreement, Mastercard, via one of its wholly-owned arms, will invest $100 million in Airtel Mobile Commerce BV (AMC BV) a wholly owned arm of Airtel Africa plc. AMC BV is the holding company for several of Airtel Africa s mobile money operations and is intended to own and operate the mobile money businesses across all of Airtel Africa s fourteen operating countries. ....

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Reliance Industries, Bharti Airtel, Vodafone Shares: Telecom Shares Gain After Spectrum Auction 2021 Concludes

Shares of telecom operators - Bharti Airtel, Reliance Industries-owned Jio gained today
Share price of telecom operators Bharti Airtel and Reliance Industries surged on Wednesday, March 3, a day after the companies purchased radiowaves in the spectrum auction 2021. In the two-day spectrum auction, 855.60 MHz of spectrum was bought for ₹ 77,814.80 crore. On Wednesday, Reliance Industries surged over two per cent on the BSE. It opened at Rs 2121.70, touching an intra day high of Rs 2157 and an intra day low of Rs 2107.20, so far. Shares of Bharti Airtel opened on the BSE at Rs 548.25, touching an intra day high of Rs 550.5 and an intra day low of Rs 540.25, so far. ( ....

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