Bharti Airtel is trading higher 4% to Rs 310 after the company reclaimed top position as the largest operator in the rural sector, displacing Vodafone India, by adding 1.66 million subscribers net.
The rural India has added a total 3.8 million subscribers during the last month, according to data collated by the Cellular Operators’ Association of India (COAI).
However, on an all-India basis, Bharti added 601,252 subscribers in April, and had lost around a million customers in urban areas, the telecom association said.
The stock opened at Rs 300 and hit a high of Rs 311 on NSE. A combined 1.92 million shares have changed hands on the counter so far on NSE and BSE.
The rural India has added a total 3.8 million subscribers during the last month, according to data collated by the Cellular Operators’ Association of India (COAI).
However, on an all-India basis, Bharti added 601,252 subscribers in April, and had lost around a million customers in urban areas, the telecom association said.
The stock opened at Rs 300 and hit a high of Rs 311 on NSE. A combined 1.92 million shares have changed hands on the counter so far on NSE and BSE.
