Bharti Airtel rushes high
Tuesday, July 7, 2009 2:05 pm2.70lakh shares have been traded on BSE in the counter as opposed to a standard everyday volume of 7.24lakh shares in the last single quarter.
The stock got an up of Rs.823.80 and a down of Rs.776 till now. The stock saw a 52-week up of Rs.990 on 19th May and a 52-week down of Rs.484 on 27th October last year.
The stock had dipped 5% as opposed to the BSE’s 7.02% fall. It had increased 18.75% as opposed to the BSE increase of 33.30%.
The present price of Rs.817 slashes the company’s combined year closed March EPS of Rs.41.4 by a PE manifold of 19.73.
Bharti’s combined net earnings increased 23% on sales increasing 38% in the year closed March over the year closed March last year. Proceeds advanced as Bharti Airtel registered more customers in the world’s top-growing wireless market and kept tariffs stable.
