/ Bharti Airtel Rings Loud On Planning for Rs 24,000 Crore Capex in FY19 ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 14 June 2018

Bharti Airtel is currently trading at Rs. 380.40, up by 4.30 points or 1.14% from its previous closing of Rs. 376.10 on the BSE.The scrip opened at Rs. 375.50 and has touched a high and low of Rs. 380.55 and Rs. 374.05 respectively. So far 20270 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 565.00 on 03-Nov-2017 and a 52 week low of Rs. 352.10 on 22-May-2018.

Last one week high and low of the scrip stood at Rs. 394.00 and Rs. 370.00 respectively. The current market cap of the company is Rs. 150342.22 crore.

The promoters holding in the company stood at 67.14%, while institutions and non-institutions held 30.83% and 2.03% respectively.

Bharti Airtel is planning a capex of Rs 24,000 crore in FY19 to stay ahead in the 4G game and become the primary SIM for subscribers. The operator had a capex of Rs 23,968.2 crore in FY18.

In a bid to achieve its target, the company has plans to entice customers to upgrade to 4G - with their device partnerships and special offers, retain them with postpaid offers, loyalty programs and use micro -marketing to cover all markets.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa

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