Bharti Airtel Ltd - BHARTI AIRTEL Share Price

Market cap indicates the value of a publicly traded company’s outstanding shares. As of 23 Apr, 2024, the market cap of Bharti Airtel is Rs 760958.37 crores.

In 2023, the net debt of Airtel stood at Rs 1,392 billion. 

The mutual fund shareholding of Bharti Airtel is 6.69% as of 31 Dec 2023.

On 31 Dec 2023, the promoter shareholding of Bharti Airtel was calculated as 54.57%.

In 2023, Bharti Airtel generated a net profit of Rs 8345.90 crores. 

The founder of Bharti Airtel is Sunil Bharti Mittal, who serves as the

Bharti Airtel came into existence on 7 July 1995. The company operates in India under Bharti Tele-Ventures Limited.

Bharti Airtel is the name of the parent company. Meanwhile, Airtel refers to the brand name. This multinational company has its headquarters in New Delhi, India. It also operates in various other countries in South Asia, Africa, and the Channel Islands.

The peers of Bharti Airtel in the telecommunications sector include Mahanagar Telephone Nigam Ltd., Tata Communications Ltd., Vodafone Idea Ltd., and Reliance Communications Ltd.

Some key metrics to analyze the share price of Bharti Airtel include dividend yield, EPS, price-to-book ratio, and PE ratio.

Promoter holding has reduced from 55.02 to 54.57 between 31 March 2023 and 31 Dec 2023. During this period, domestic institutional investor holding has reduced from 19.72 to 19.47. Foreign institutional investor holdings have increased from 20.97 to 22.69. Other investor holdings have reduced from 4.29 to 3.27 during the same period.

This is a trading indicator that provides knowledge about the performance of a stock price over a period of 52 weeks. The 52-week high of Airtel is Rs 1200.65, while the 52-week low is Rs 735.80.

Bharti Airtel has a PE ratio of 74.81, and its PB ratio is 8.08. 

The share price of Bharti Airtel is volatile and keeps changing on the basis of different factors. As of 14 Feb 2024, the share price of Bharti Airtel is Rs 0.00.

If you have been thinking about buying Bharti Airtel shares, you should create a demat account on IIFL. You will have to provide KYC documents to complete verification and finish creating your account for purchasing the stock.