Bharti Airtel hits record high, stock rallies 3%; market cap tops ₹ 11 trn
By
Binu Mathew
Bharti Airtel’s (Airtel) market capitalisation (market-cap) crossed ₹11 trillion for the first-ever time, after the stock price of telecom services provider hit a new high of ₹1,879.95, gaining 3 per cent on the BSE in Thursday’s intra-day trade.
In the past six trading days, the stock price of Airtel has surged 11 per cent on expectations of healthy earnings for the March 2025 quarter (Q3FY25). In the past one year, it zoomed 55 per cent, as compared to 7 per cent rise in the BSE Sensex.