Bharti Airtel Ltd's rights issue oversubscribed

Bharti Airtel Ltd's Rights Issue closed for subscription on October 21, 2021.

Based on preliminary information received, the Rights Issue has been subscribed by approx. 1.44 times, overbid by both public and promoter/ promoter group.

The applications received in the Rights Issue are subject to verification and clearing of payments, as applicable, and finalization of the basis of allotment.

Shares of Bharti Airtel Limited was last trading in BSE at Rs. 696.40 as compared to the previous close of Rs. 708.45. The total number of shares traded during the day was 675724 in over 4775 trades.

The stock hit an intraday high of Rs. 712.80 and intraday low of 689.30. The net turnover during the day was Rs. 470711416.00.

Source : Equity Bulls

Keywords

BhartiAirtel INE397D01024 BHARTIARTL TelecomServices