Share price of Bharti Infratel Ltd. jumps as Sensex gains 210.7 points

The share price of Bharti Infratel Ltd. gained 0.02 per cent to Rs 202.55 at 01:58PM (IST) in Tuesday's trade. The scrip has hit a high of Rs 203.85 and low of Rs 200.35 so far during the session. The stock had closed at Rs 202.5 in the previous session.

The counter has had a total traded volume of 111135 shares so far with a value of Rs 2.24 crore on the NSE. It traded at a price-to-earnings multiple of 11.96 and a price-to-book ratio of 2.19.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip declined 19.98 per cent during the past one year, while the 30-share index advanced 4.87 per cent during the same period.

Bharti Infratel Ltd. belongs to the Telecommunications - Allied Services industry.

Promotor/FII Holding
Promoters held 53.51 per cent stake in the company as of 30-Jun-2020, while FIIs and domestic institutional investors ownership stood at 40.61 per cent and 2.56 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 1635.4 crore for the quarter ended 30-Jun-2020, down 2.78 per cent from the previous quarter's Rs 1682.1 crore and down 5.22 per cent from the year-ago quarter's Rs 1725.4 crore.

Profit for the latest quarter stood at Rs 703.6 crore, down 20.68 per cent from the same quarter a year ago.