Bharti Airtel Q3 Results: Profit up 483% to ₹14,760 cr on Indus consolidation
1 month, 3 weeks ago

Bharti Airtel Q3 Results: Profit up 483% to ₹14,760 cr on Indus consolidation

Live Mint  

Bharti Airtel Q3 Results: India's second largest carrier Bharti Airtel Ltd beat estimates with a profit of ₹14,760 crore for the quarter ended December, up 483% from ₹2,530 crore a year earlier, due to a one-time gain from Indus Towers becoming its subsidiary in November. In a separate announcement, Indus Towers said Thursday that it was acquiring 16,100 towers, ultra lean sites and cell on wheels from parent Bharti Airtel and fellow subsidiary Bharti Hexacom Ltd, through a slump sale for ₹3,308.7 crore. Adjusted for Indus Towers’ financials, Airtel's profits rose 121.3% on-year to ₹5,514 crore, with the full impact of the June 2024 tariff hikes coming through and customers moving to higher-priced plans. Vittal, who was named Bharti Airtel vice-chairman last quarter, said the company was undertaking a “comprehensive re-tooling" of the Airtel Business portfolio, by stepping up investments in digital services across cloud, security and IoT.

Business India Crore Million Quarter Rose Bharti Gain Towers Bharti Airtel Airtel Indus Indus Towers  rose  gain  results  consolidation  profit  million  towers  q3  business  indus  483  14760  airtel  crore  quarter  bharti  cr

History of this topic

Reliance vs Bharti Airtel: Which telecom stock to buy after Elon Musk’s SpaceX tie-up buzz?
2 weeks, 4 days ago

Reliance vs Bharti Airtel: Which telecom stock to buy after Elon Musk’s SpaceX tie-up buzz?

Live Mint  

Reliance vs Bharti Airtel: Over the last two days, India's two biggest telecom players- Bharti Airtel and Reliance-owned Jio Platforms have announced their deals with Elon Musk's SpaceX to bring high-speed satellite internet service Starlink to India. Bharti Airtel on March 11 said it had signed an agreement with SpaceX to bring high-speed satellite internet service Starlink to India followed …

Bharti Hexacom: Airtel in a small pack
2 weeks, 4 days ago

Bharti Hexacom: Airtel in a small pack

Live Mint  

Investors in Bharti Hexacom Ltd stock must be a happier lot vis-à-vis their counterparts in Bharti Airtel Ltd, the parent company holding a 70% stake in the former. “Arpu growth aided by likely moderation in capex will drive Bharti Hexacom’s free cash flow growth from FY25, enabling it to get to net cash by FY29; this will also aid in …

Airtel and Reliance lose early market gains from Starlink partnership after IT stocks drag markets down
2 weeks, 4 days ago

Airtel and Reliance lose early market gains from Starlink partnership after IT stocks drag markets down

Hindustan Times  

Shares of Bharti Airtel and Reliance Industries dipped into the red after rising earlier due to the overall market sentiment turning negative as the trading session for the day progressed. At 11:30 am IST, Bharti Airtel shares were down 0.84% or by ₹13.90, trading at ₹1,647.30, while Reliance Industries shares were trading at ₹1,247.10, which is down 0.02% or by …

Bharti Airtel share price rises 2% after company signs deal with Elon Musk’s SpaceX; Do you own?
2 weeks, 5 days ago

Bharti Airtel share price rises 2% after company signs deal with Elon Musk’s SpaceX; Do you own?

Live Mint  

Telecom giant Bharti Airtel's share price surged as much as 2 per cent on Wednesday's trading session after the company announced it has signed a partnership with Elon Musk's SpaceX to provide Starlink's high-speed internet services in India. Bharti Airtel- SpaceX deal The partnership aims to explore the availability of Starlink equipment in Airtel's retail stores, offer Starlink services to …

Stocks to watch: Bharti Airtel, Wipro, Coforge, Dr Reddy’s, Vakrangee among shares to remain in focus today
Trending News
1 month ago

Stocks to watch: Bharti Airtel, Wipro, Coforge, Dr Reddy’s, Vakrangee among shares to remain in focus today

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Waree Energies, Waree Renewable Technologies The company has secured an order from ABREL EPC, a fully-owned subsidiary of Aditya Birla Renewables, to supply solar modules for 410 MWp. On November 12, 2024, it signed a Share Purchase Agreement with Ghana Bottling Company to acquire full ownership …

Tata Play, Airtel Digital TV near merger: report
1 month ago

Tata Play, Airtel Digital TV near merger: report

The Hindu  

Tata Group and Bharti Group are close to merging their satellite TV businesses, creating a nearly $1.6 billion entity with the aim of tiding over the sustained migration of subscribers to digital streaming, Economic Times reported on Tuesday. The merged entity is expected to be run by Bharti Airtel, which will likely hold between 52%-55% with the remaining held by …

Bharti Airtel share price dips over 2% despite strategic partnership with Apple
1 month, 1 week ago

Bharti Airtel share price dips over 2% despite strategic partnership with Apple

Live Mint  

Bharti Airtel share price declined over 2% on Monday amid stock market crash. Telecom major Bharti Airtel said it has entered into a strategic partnership with Apple to bring the Apple TV+ streaming services and Apple Music to Airtel customers. Additionally, postpaid customers on plans starting ₹999 will get access to Apple TV+ and can enjoy 6 months of free …

Indus Towers shares in focus on Monday after THIS Crisil ratings update; Stock down 6% in 30 days. Should you buy?
1 month, 1 week ago

Indus Towers shares in focus on Monday after THIS Crisil ratings update; Stock down 6% in 30 days. Should you buy?

Live Mint  

Bharti Airtel-owned Indus Towers Limited on Saturday, February 22, announced that the rating firm Crisil Ratings had upgraded its ratings for the long-term bank loan facilities and ₹1,750 crore bond rating to “Positive” from its earlier level of “Stable,” according to the exchange filing. “This is to inform that on February 21, 2025, CRISIL Ratings has revised the outlook on …

Bharti Airtel to ramp up stake in African arm by up to 5%. Check details here
1 month, 1 week ago

Bharti Airtel to ramp up stake in African arm by up to 5%. Check details here

Live Mint  

Indian telecom major Bharti Airtel Limited announced on Friday, February 21, that it has decided to increase its stakeholding by up to 5 per cent in the Airtel Africa business, according to an exchange filing. Bharti Airtel Share Price Bharti Airtel Ltd shares closed 0.41 per cent lower at ₹1,638.40 after Friday's stock market session, compared to ₹1,645.20 at the …

Telecom Q3 review: Airtel triumphs in Arpu battle, but Jio could win the war
1 month, 1 week ago

Telecom Q3 review: Airtel triumphs in Arpu battle, but Jio could win the war

Live Mint  

Investors who wish to bet on India’s telecom sector have few pure-play options until Reliance Jio Infocomm is listed as a separate company. Meanwhile, Bharti Airtel Ltd’s Arpu of ₹245 in Q3 was way ahead of Jio’s ₹203. Consequently, the absolute revenue gain could be higher for Jio because of its larger mobile subscriber base of about 460 million versus …

Bharti Airtel share price extends fall after block deal. Telecom stock down nearly 4% in three sessions
1 month, 1 week ago

Bharti Airtel share price extends fall after block deal. Telecom stock down nearly 4% in three sessions

Live Mint  

Bharti Airtel share price declined over a percent on Wednesday, extending its fall for the third consecutive session, following a block deal in the shares of India’s second-largest telecom company. Bharti Airtel Block Deal Details Bharti Airtel block deal worth ₹8,485 crore took place at ₹1,660 per share, with ICIL as the seller. According to Nuvama Alternate Research report, approximately …

Bharti Airtel's promoter group entity sells stake worth ₹8,475 crore, main promoter buys 24% of sale
1 month, 1 week ago

Bharti Airtel's promoter group entity sells stake worth ₹8,475 crore, main promoter buys 24% of sale

Hindustan Times  

A promoter group company of Bharti Airtel Ltd called Indian Continent Investment Ltd has sold ₹8,485.11 crore worth of its stake in the telecom provider on Tuesday, February 18, 2025. This amounts to 5.11 crore shares, which is 0.84% of ICIL's stake in Airtel, the company announced in its exchange filing. Bharti Telecom Ltd, the main promoter of Airtel, bought …

Bharti Airtel share price falls after promoter-group entity ICIL sells 0.84% stake worth ₹8,485 crore
1 month, 1 week ago

Bharti Airtel share price falls after promoter-group entity ICIL sells 0.84% stake worth ₹8,485 crore

Live Mint  

Bharti Airtel share price fell over a per cent on Tuesday after the telecom company announced that its promoter-group entity Indian Continent Investment Limited sold a 0.84% stake in the company. In a stock exchange filing on February 18, Bharti Airtel said that ICIL sold a 0.84% stake, or 5.11 crore equity shares, in Airtel, through a market transaction, for …

Stocks to Watch: Vodafone Idea, Airtel, RVNL, Glenmark Pharma, BHEL, and more
1 month, 2 weeks ago

Stocks to Watch: Vodafone Idea, Airtel, RVNL, Glenmark Pharma, BHEL, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Samvardhana Motherson: Samvardhana Motherson reported strong Q3 FY25 results, with net profit surging 62 percent year-on-year to ₹879 crore, driven by steady revenue growth and improved operational efficiency. RVNL: State-owned Rail Vikas Nigam Ltd reported a 13.1 percent YoY decline in net profit at ₹311.6 crore …

Airtel to steer clear of GPU-as-a-service for now, focus on data centre business
1 month, 3 weeks ago

Airtel to steer clear of GPU-as-a-service for now, focus on data centre business

Live Mint  

India's second-largest telecom services provider Bharti Airtel will steer clear of offering graphics processing unit or GPU-as-a-service in the near term and, instead, look at scaling up its data centres, vice-chairman and managing director Gopal Vittal said in the third-quarter earnings call on Friday. FWA rollout on standby as 5G drives capex Vittal said that Airtel was set to launch …

Bharti Airtel के दमदार Q3 नतीजे, ARPU बढ़कर ₹245 हुआ, एक्सपर्ट्स ने दी ’BUY’ रेटिंग
1 month, 3 weeks ago

Bharti Airtel के दमदार Q3 नतीजे, ARPU बढ़कर ₹245 हुआ, एक्सपर्ट्स ने दी ’BUY’ रेटिंग

Live Mint  

Stock Market Today: Bharti Airtel के तीसरी तिमाही के नतीजे घोषित होने के बाद 7 फरवरी, शुक्रवार को इसके शेयरों में लगभग 4% की तेजी देखी गई। कंपनी ने इस तिमाही में ₹14,760 करोड़ का नेट प्रॉफिट दर्ज किया, जो पिछले साल के ₹2,530 करोड़ की तुलना में 483% अधिक है। Indus Towers के सब्सिडियरी बनने से कंपनी को एकमुश्त …

Bharti Airtel share price gains 4% post Q3 results. Do you own it?
1 month, 3 weeks ago

Bharti Airtel share price gains 4% post Q3 results. Do you own it?

Live Mint  

Stock Market Today: Bharti Airtel share price gained close to 4% in the morning trade on Friday, February 7 following the Q3 results announcement. Bharti Airtel Q3 Results Bharti Airtel helped by a one-time gain from Indus Towers becoming its subsidiary in November, recorded a huge profit beat, with a net profit of ₹14,760 crore for the quarter ended December …

Indus Towers shares in focus after acquisition of Bharti Airtel, Bharti Hexacom assets worth ₹3,308 crore
1 month, 3 weeks ago

Indus Towers shares in focus after acquisition of Bharti Airtel, Bharti Hexacom assets worth ₹3,308 crore

Live Mint  

Indus Towers share price will be in focus on Friday after acquisition of Bharti Airtel, Bharti Hexacom assets worth ₹3,308 crore. Telecom infrastructure firm Indus Towers on Thursday announced the acquisition of mobile sites of its parent firm Bharti Airtel and sister concern Bharti Hexacom for ₹3,308.7 crore, by way of slump sale. “The Board of Directors.have today, approved the …

Further tariff repair is needed for the telecom industry; ARPU in India continues to be the lowest globally: Gopal Vittal
1 month, 3 weeks ago

Further tariff repair is needed for the telecom industry; ARPU in India continues to be the lowest globally: Gopal Vittal

New Indian Express  

NEW DELHI: Bharti Airtel hinted at another tariff hike on Friday, citing the lowest ARPU for telecom service providers in India. Gopal Vittal, Vice Chairman and Managing Director of Bharti Airtel, said during the third-quarter investor call that further tariff repair is necessary for the industry to achieve financial stability. Bharti Airtel, India's second-largest telecom service provider, reported a more …

Indus Towers to diversify into EV charging infra; pilot launched in Gurugram, Bengaluru
2 months, 1 week ago

Indus Towers to diversify into EV charging infra; pilot launched in Gurugram, Bengaluru

Live Mint  

Indus Towers Ltd will foray into the electric vehicle charging infrastructure sector as India's second largest telecom tower provider seeks to diversify operations. "The company is well positioned to contribute to the EV charging infrastructure sector by leveraging its expertise in managing and providing space, power, and operations and maintenance for seamless operation and efficiency,” the company said Thursday in …

Stocks to buy: Infosys, TCS, Zomato, Bharti Airtel, among Bernstein’s top stock picks for 2025
2 months, 3 weeks ago

Stocks to buy: Infosys, TCS, Zomato, Bharti Airtel, among Bernstein’s top stock picks for 2025

Live Mint  

Stocks to buy: Global brokerage firm Bernstein has announced its top stock recommendations for 2025 emphasizing the importance of a ‘stick to the winners’ approach. Considering the growth opportunities in IT, media, and telecom, Bernstein’s top stock picks include Infosys, Tata Consultancy Services, Coforge, Persistent Systems, Zomato, and Bharti Airtel. Here are the top stock picks for 2025 by Bernstein: …

Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024
3 months, 1 week ago

Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024

New Indian Express  

NEW DELHI: For the first time since the tariff hike announced by private telecom operators in July 2024, Bharti Airtel added 1.9 million subscribers in October 2024. However, Reliance Jio, India's largest telecom service provider, continued to lose subscribers, with a loss of 3.76 million, while Vodafone Idea Limited lost around 1.97 million customers. Vodafone Idea, India's third-largest telecom operator, …

Airtel clears 2016 spectrum dues, prepays 3,626 crore to Centre
3 months, 1 week ago

Airtel clears 2016 spectrum dues, prepays 3,626 crore to Centre

Hindustan Times  

Bharti Airtel has prepaid ₹3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, PTI quoted the company statement on Thursday. Bharti Airtel has made an early payment of 36.26 billion rupees to the Indian government) "Bharti Airtel has prepaid ₹3,626 crore to the Department of Telecom clearing all its liabilities …

Bharti Airtel Clears Spectrum Dues with Rs 3,626 Cr Prepayment
3 months, 1 week ago

Bharti Airtel Clears Spectrum Dues with Rs 3,626 Cr Prepayment

Deccan Chronicle  

Bharti Airtel on Thursday said it prepaid Rs 3,626 crore to the department of telecom to clear all its liabilities for spectrum it had acquired in 2016. “Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom clearing all its liabilities for spectrum it had acquired in 2016. In June, the Sunil Mittal-promoted telecom operator also prepaid all …

Vodafone to sell remaining stake in Indian tower company Indus
3 months, 3 weeks ago

Vodafone to sell remaining stake in Indian tower company Indus

Hindustan Times  

The UK's Vodafone Group Plc is selling the whole 3% of stake it owns of Indus Towers in a $300 million deal to exit the company which is now a Bharti Airtel subsidiary. The Sunil Mittal-led Airtel could be a potential buyer for the Indus Tower shares from Vodafone UK The proceeds from selling the 79.2 million shares will be …

Bharti Airtel signs 'multi-billion' dollar 4G, 5G equipment deal with Ericsson
3 months, 3 weeks ago

Bharti Airtel signs 'multi-billion' dollar 4G, 5G equipment deal with Ericsson

India Today  

India's Bharti Airtel on Wednesday signed a "multi-billion" dollar deal with Swedish telecom equipment maker Ericsson ERICb.ST to boost its 4G and 5G coverage in the world's second-largest smartphone market. Demand from India's 5G market started to skyrocket in 2023, as Bharti Airtel and Jio, the telecom unit of Reliance Industries, started to scale up 5G services. Ericsson, Bharti Airtel's …

Indus Towers Share Price Today on 26-11-2024: Indus Towers share price are up by 2.24%, Nifty up by 0.01%
4 months ago

Indus Towers Share Price Today on 26-11-2024: Indus Towers share price are up by 2.24%, Nifty up by 0.01%

Live Mint  

Indus Towers Share Price Today on 26-11-2024: At 26 Nov 11:09 today, Indus Towers shares are trading at price ₹345, 2.24% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Bharti Airtel grants Nokia multi-billion 4G and 5G network expansion deal; aims to strengthen capacity and coverage
Top News
4 months, 1 week ago

Bharti Airtel grants Nokia multi-billion 4G and 5G network expansion deal; aims to strengthen capacity and coverage

Live Mint  

Telecom major Bharti Airtel has given a multi-billion contract to Finnish telecom company Nokia to deploy 4G and 5G equipment across key Indian cities and states as the company eyes to strengthen its capacity and coverage in the Indian market, according to the company's BSE filing on Wednesday, November 20. This step will improve Airtel’s network and support the company's …

Bharti Airtel Share Price Today on 05-11-2024: Bharti Airtel share price are down by -0.8%, Nifty up by 0.91%
4 months, 3 weeks ago

Bharti Airtel Share Price Today on 05-11-2024: Bharti Airtel share price are down by -0.8%, Nifty up by 0.91%

Live Mint  

Bharti Airtel Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Bharti Airtel shares are trading at price ₹1578.85, -0.8% down from the previous closing price. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at …

Sunil Mittal’s Bharti Telecom plans to raise about ₹8,500 crore in rupee bond market
4 months, 3 weeks ago

Sunil Mittal’s Bharti Telecom plans to raise about ₹8,500 crore in rupee bond market

Live Mint  

Bharti Telecom Ltd., owned by billionaire Sunil Bharti Mittal, is planning to raise about 85 billion rupees in the local-currency bond market, according to people familiar with the matter. If successful, it will be Bharti Telecom’s largest-ever rupee issuance, according to data compiled by Bloomberg. The borrowing is coming days after India’s second-largest wireless carrier Bharti Airtel Ltd., in which …

Bharti Airtel's Price on the Rise, but Nifty Shows Caution
5 months ago

Bharti Airtel's Price on the Rise, but Nifty Shows Caution

Live Mint  

Bharti Airtel share price is up by 0.65% today, trading at ₹1647.55. The stock has hit a high of ₹1651.5 and a low of ₹1618 during the day. On the technical front, the stock is trading above the 50,100,300 days SMA & lower than the 5,10,20 day SMA. The company has a ROE of 9.36% & ROA of 1.92% respectively. …

Stocks to Watch: A Roundup of Potential Gains in the Market
5 months ago

Stocks to Watch: A Roundup of Potential Gains in the Market

Live Mint  

The article focuses on a range of stocks with diverse industries, highlighting potential gains in the market. While some companies like Bharti Airtel, Adani Power, and Tata Technologies witnessed significant increases in their respective profits, others like BHEL and Indian Oil Corporation reported substantial declines. Conversely, companies like CarTrade Technologies and Federal Bank experienced substantial growth in their net profits.

Indus Towers launches share buyback: 56.77M shares at ₹465. Check opening and closing dates
7 months, 2 weeks ago

Indus Towers launches share buyback: 56.77M shares at ₹465. Check opening and closing dates

Live Mint  

Indus Towers Limited, a leading player in the Indian telecom infrastructure sector, will open its share buyback program on August 14, 2024. Indus Tower's share price was trading in red, down 1.25 per cent, at ₹410.70 on BSE at 12:55 p.m. on August 13. This buyback represents approximately 2.107 per cent of the company's total equity shares, with a maximum …

Bharti Enterprises to pick up 24.5% stake in UK’s British Telecom Group
7 months, 2 weeks ago

Bharti Enterprises to pick up 24.5% stake in UK’s British Telecom Group

Live Mint  

Bharti Enterprises, led by billionaire Sunil Bharti Mittal, will buy a 24.5% stake in British Telecom Group Plc, the UK's largest mobile and broadband services provider, the companies said in a statement Monday. Bharti Televentures UK Ltd, a wholly owned subsidiary of Bharti Enterprises’s international investment arm Bharti Global, will buy the equity from telecom services provider Altice UK, which …

Bharti Enterprises Picks Up Altice UK's 24.5% Stake In BT Group; Details
7 months, 2 weeks ago

Bharti Enterprises Picks Up Altice UK's 24.5% Stake In BT Group; Details

News 18  

Bharti Enterprises has agreed to buy around 24.5 per cent stake in BT Group from the British telecommunication firm’s top shareholder, Altice UK, the company said in a stock exchange filing on Monday. “We welcome investors who recognise the long-term value of our business, and this scale of investment from Bharti Global is a great vote of confidence in the …

Airtel profit more than doubles to Rs 4,160 crore in Q1
7 months, 3 weeks ago

Airtel profit more than doubles to Rs 4,160 crore in Q1

New Indian Express  

NEW DELHI: Bharti Airtel, country’s second-largest telecom service provider, reported a record profit of Rs 4,160 crore for the first quarter ended June 30, 2024. The company’s net profit was Rs 1,612.5 crore in the same period last year In contrast, Bharti Airtel’s consolidated net profit was at Rs 2,068.2 crore for the previous quarter ending March 2024. The company’s …

Indus Towers board to consider share buyback proposal on July 30
8 months ago

Indus Towers board to consider share buyback proposal on July 30

Live Mint  

Indus Towers on Thursday announced that the board of directors of the company will consider a proposal for the buyback of its equity shares on July 30. According to the regulations, the trading window for dealing in Indus Towers shares shall remain closed for all Designated Persons of the company and their immediate relatives till Thursday, August 01, 2024, in …

Bharti Airtel announces 10-21 per cent hike in mobile tariffs from July 3
9 months ago

Bharti Airtel announces 10-21 per cent hike in mobile tariffs from July 3

New Indian Express  

NEW DELHI: Bharti Airtel on Friday announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase in rates. "We have ensured that there is a very modest price increase on entry-level plans, to eliminate any burden on budget challenged consumers," the Sunil Mittal-led telecom firm said announcing the revision in mobile …

Sunil Mittal recounts a 2018 assurance from PM Modi that helped Airtel ‘survive’: ‘Government will not take sides’
10 months ago

Sunil Mittal recounts a 2018 assurance from PM Modi that helped Airtel ‘survive’: ‘Government will not take sides’

Hindustan Times  

Sunil Bharti Mittal said that an assurance in 2018 from Prime Minister Narendra Modi helped Airtel when the company was facing an "existential crisis". At the time, Sunil Bharti Mittal sought a meeting with the Prime Minister in which the latter assured him that the government would remain neutral and "not take sides". Sunil Bharti Mittal said that this was …

₹4/Share Dividend: Airtel-backed telecom major declares final dividend in first earnings post IPO launch
10 months, 2 weeks ago

₹4/Share Dividend: Airtel-backed telecom major declares final dividend in first earnings post IPO launch

Live Mint  

Bharti Hexacom Q4 Results: Bharti Hexacom announced its January-March quarter results for fiscal 2023-24 in its first earnings report after its initial public offering launch in April and also the board recommended a final dividend for the fiscal ended March 31, 2024. on Tuesday, May 14. India's leading telecom giant Bharti Airtel acquired a 70 per cent stake in 2004 …

Airtel to buy Vodafone UK's stake in Indus Towers? 'Not in any discussion'
11 months, 1 week ago

Airtel to buy Vodafone UK's stake in Indus Towers? 'Not in any discussion'

Hindustan Times  

Bharti Airtel said that it is "not in any discussion" to buy Vodafone UK's stake in Indus Towers. This comes after it was reported that Bharti Airtel is in talks to buy UK-based Vodafone Group's 21.05% stake in Indus Towers. The Economic Times reported that discussions were stalled over valuation as Airtel was not willing to buy the stake at …

Bharti Hexacom Share Price: Bharti Hexacom shares debut at 32% premium over IPO price
11 months, 2 weeks ago

Bharti Hexacom Share Price: Bharti Hexacom shares debut at 32% premium over IPO price

Hindustan Times  

Bharti Hexacom Share Price: Shares of Bharti Hexacom made an stellar debut today as they listed with 32.4 per cent premium at ₹755 against the IPO price of ₹570 beating estimates of 12-15 per cent premium. Bharti Hexacom Share Price: Bharti Hexacom shares debut at 32% premium over IPO price Bharti Hexacom IPO subscription The issue had a robust subscription …

Bharti Hexacom Shares List At 32.46% Premium; Should You Buy, Sell or Hold?
11 months, 2 weeks ago

Bharti Hexacom Shares List At 32.46% Premium; Should You Buy, Sell or Hold?

News 18  

Bharti Hexacom Share Price: Bharti Hexacom shares made a bumper debut on the bourses today. The company’s IPO is entirely an offer-for-sale of 7.5 crore equity shares, indicating a 15 per cent stake by Telecommunications Consultants India Ltd, with no fresh issue component. Bharti Hexacom’s Rs 4,275-crore IPO — India’s biggest public issue in one year — had garnered robust …

Bharti Hexacom IPO: Shares To Make Market Debut Tomorrow
11 months, 2 weeks ago

Bharti Hexacom IPO: Shares To Make Market Debut Tomorrow

ABP News  

Bharti Hexacom IPO Bharti Hexacom, a subsidiary of Bharti Airtel, is poised to enter the stock market on Friday, April 12, 2024, following the closure of its initial public offering last week. The IPO garnered massive investor interest, with subscription rates reaching a remarkable 29.88 times by the deadline on April 5, highlighting the market's enthusiasm for the telecom arm. …

Bharti Hexacom IPO opens today: 5 things to know before subscribing
11 months, 4 weeks ago

Bharti Hexacom IPO opens today: 5 things to know before subscribing

Hindustan Times  

Bharti Airtel's subsidiary Bharti Hexacom's initial public offering opens for subscription today. Bharti Hexacom IPO: The initial public offerings will close for subscription on April 5. For the six months ended September, Bharti Hexacom reported a revenue of ₹3,420 crore, compared to ₹3,167 crore a year ago. The shares of Bharti Hexacom IPO are trading at a premium of ₹47 …

Airtel arm Bharti Hexacom IPO possible in April, gets Sebi nod: Top things you need to know about the issue
1 year ago

Airtel arm Bharti Hexacom IPO possible in April, gets Sebi nod: Top things you need to know about the issue

Hindustan Times  

Bharti Hexacom, which is owned by telecom major Bharti Airtel, could likely bring its IPO in April first week, seeking valuation of over ₹28,000 crore, CNBC-TV18 reported. The IPO size could be around ₹4,300 crore, the report added after Bharti Hexacom received approval from the Securities and Exchange Board of India to go ahead with its IPO plans. Bharti Hexacom …

Rajiv Jain's GQG Partners picks 0.8% stake in Bharti Airtel for ₹5,850 crore
1 year ago

Rajiv Jain's GQG Partners picks 0.8% stake in Bharti Airtel for ₹5,850 crore

Hindustan Times  

Singapore Telecommunications on Thursday said it has sold a 0.8% stake in Bharti Airtel for S$950 million to U.S. investment firm GQG Partners. SingTel, through its unit Pastel, sold 49 million or 0.8% of the outstanding shares in Airtel, also effectively reducing its stake in the telecom operator by 0.8 percentage points, it said in a statement. "The Group is …

Airtel reports 54% growth in net profit to Rs 2,442 cr in Q3, ARPU rises by Rs 15
1 year, 1 month ago

Airtel reports 54% growth in net profit to Rs 2,442 cr in Q3, ARPU rises by Rs 15

New Indian Express  

NEW DELHI: Bharti Airtel, country’s second-largest telecom service provider, reported a 54% growth in its consolidated net profit to Rs 2,442 crore for the quarter ending December 31, 2023. Consolidated revenues for the third quarter stood at Rs 37,900 crore, growing 5.9% year-on-year. Airtel’s India revenues for the quarter stood at Rs 27,811 crore, reflecting an 11.4% YoY increase. Revenue …

Bharti Airtel shares drop over 2% following news of Warburg Pincus stake sale
1 year, 3 months ago

Bharti Airtel shares drop over 2% following news of Warburg Pincus stake sale

Live Mint  

Bharti Airtel share price fell over 2% on Thursday's session following news reports that stated that Warburg Pincus, international private equity firm, was looking to offload a stake in Bharti Airtel as it continues to pare its stakes in several Indian companies. On December 6, as per media reports Warburg Pincus planned to raise $211 million by selling 17.5 million …

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