Bharti Airtel rings loudly on witnessing growth for international roaming packs in Delhi

Bharti Airtel is currently trading at Rs. 836.35, up by 8.30 points or 1.00% from its previous closing of Rs. 828.05 on the BSE.

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Bharti Airtel

The scrip opened at Rs. 831.35 and has touched a high and low of Rs. 837.15 and Rs. 827.30 respectively. So far 103249 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 888.00 on 31-May-2023 and a 52 week low of Rs. 629.05 on 14-Jul-2022.

Bharti Airtel Last one week high and low of the scrip stood at Rs. 888.00 and Rs. 812.65 respectively. The current market cap of the company is Rs. 498614.52 crore.

The promoters holding in the company stood at 55.02%, while Institutions and Non-Institutions held 40.88% and 4.09% respectively.

Bharti Airtel has witnessed a growth of 108% in the subscription of packs for customers travelling abroad from Delhi as compared to last year. To cater to this surge and provide last-minute assistance, Airtel has set up an international roaming kiosk at the departure terminal of Delhi Indira Gandhi International Airport in the duty-free area.

In order to make staying connected easy, intuitive and compelling, Airtel has refreshed its International Roaming Plan such that it costs as little as 133/day at the starting point, making it more economical than the local SIMs of most countries. This has resulted in a significant jump for the company in pack subscriptions in both the prepaid and postpaid segments. The 10-day validity packs remain the most popular pack subscriptions among the Delhiite outroamers and even though USA and UK are the most frequently travelled destinations from India, the most popular international holiday destinations on Airtel’s network for Delhiites are European countries like Germany, France, the Netherlands and Switzerland.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.