Bharti Airtel shares drop after Singtel stake sale
after close1 source ↓written by the desknot a recommendation
- Bharti Airtel fell
- 4.48%
- following a block
- ₹2,001
- were traded
- 5.1 crore shares
- each
- ₹2,030
- from the previous
- 3.1% discount
Shares of Bharti Airtel fell 4.48% to ₹2,001 following a block deal involving Singapore Telecommunications. Approximately 5.1 crore shares were traded at ₹2,030 each, a 3.1% discount from the previous close of ₹2,095. This sale marks Singtel's second stake reduction this year, valued at about ₹10,300 cr.
Not investment advice. For informational purposes only.