Trending stocks: Bharti Airtel stock gains 0.5%

NEW DELHI: Shares of Bharti Airtel traded 0.5 per cent up in Friday's trade at 10:04 am. Around 25,15,175 shares changed hands on the counter. The stock opened at Rs 432.0 and touched an intraday high and low of Rs 432.0 and Rs 417.2, respectively, in the session so far.

The telecom operator said the company has advanced investments and added capacities to meet a surge in data demand.

The stock quoted a 52-week high of Rs 566.7 and a 52-week low of Rs 264.29.


Financials
Bharti Airtel, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 229733.52 crore) operating in Telecommunications sector.

The company reported loss of Rs 312.60 crore for the quarter ended 31 December, 2019. For the same quarter, the company has reported a Consolidated sales of Rs 21947.10 crore, up 3.86 per cent from last quarter Sales of Rs 21131.30 crore and up 6.96 per cent from last year same quarter Sales of Rs 20519.20 crore.

Bharti Airtel key Products/Revenue Segments include Service Revenue which contributed Rs 49589.50 crore to Sales Value (99.96 per cent of Total Sales) and Sale of Products which contributed Rs 18.50 crore to Sales Value (0.03 per cent of Total Sales)for the year ending 31-Mar-2019.

Promoters holding
Promoters held 58.97805 per cent stake in the company as of Dec 2019.

Valuation ratio
It quoted a price-to-earnings ratio of -8.59 and price to book value of 1.99.