Bharti Infratel scales a new high on BSE

04 Jan 2013 Evaluate

Bharti Infratel is trading at Rs 206.75, up by 2.45 points or 1.20% from its previous close of 204.30 on Thursday. The scrip opened at Rs 205.00 and has touched a new high of Rs 210.00 and low of Rs 203.10. So far, 6,30,000 shares were traded on the counter.

The company had fixed the issue price at Rs 220 a share for institutional and high net worth individuals (HNI’s) and Rs 210 a share for retail investors. The shares were admitted for trading on the bourses on December 28, 2012

Bharti Infratel, a leading provider of passive telecom infrastructure in India, will be included in the FTSE Global Equity Indices starting January 07, 2013. This follows the company’s successful Initial Public Offering (IPO) of 188,900,000 equity shares and its listing on the National Stock Exchange (NSE) and Bombay Stock Exchange in India (BSE). The company will be added to FTSE All-World Index (Large Cap) with a investability weighting of 9% and will also be added to FTSE All-Emerging Index.

FTSE’s flagship global benchmark, the FTSE All-World, is used by investors worldwide to structure and benchmark their international equity portfolios. The FTSE global equity universe covers over 7,400 securities in 47 different countries and captures 98% of the world’s investable market capitalization.

Bharti Infratel is a provider of tower and related infrastructure. It is one of the largest tower infrastructure providers in India, based on the number of towers that Bharti Infratel owns and operates and the number of towers owned or operated by Indus, that are represented by Bharti Infratel’s 42% equity interest in Indus.

Indus Towers Share Price

336.80 -0.40 (-0.12%)
23-Dec-2024 11:55 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1599.00
Vodafone Idea 7.50
Indus Towers 336.80
Tata Communications 1726.90
Bharti Hexacom Ltd. 1475.70
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