Trending stocks: Bharti Airtel share price dips over 2%

NEW DELHI: Shares of Bharti Airtel traded 2.22 per cent down in Monday 's trade at 11:24AM (IST).

Around 5029313 shares changed hands on the counter. The stock opened at Rs 507.7 and touched an intraday high and low of Rs 507.7 and Rs 486.9 , respectively, in the session so far.

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


The telecom operators have extended the validity of pre-paid mobile plans till May 3 for those users who could not recharge their account due to the lockdown imposed to contain Covid-19 spread.

Financials
Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 274005.37 Crore) operating in Telecommunications sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 21947.10 Crore, up 3.86 % from last quarter Sales of Rs 21131.30 Crore and up 6.96 % from last year same quarter Sales of Rs 20519.20 Crore. The Company reported net profit after tax of Rs -312.60 Crore in latest quarter.

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

Promoter holding
Promoters held 58.97805 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of -10.02 and price to book value of 2.32 .