Bharti Airtel fell 1.60% to Rs 316.70 at 13:41 IST on BSE on profit booking after the stock rose 10.09% in the preceding 10 trading sessions to Rs 321.85 on 3 April 2014, from a recent low of Rs 292.35 on 21 March 2014.
Meanwhile, the BSE Sensex was down 101.81 points, or 0.45%, to 22,407.26.
On BSE, so far 67,000 shares were traded in the counter, compared with an average volume of 3.17 lakh shares in the past one quarter.
The stock hit a high of Rs 322 and a low of Rs 316.10 so far during the day. The stock hit a 52-week high of Rs 373.50 on 1 November 2013. The stock hit a 52-week low of Rs 266.95 on 5 April 2013.
The stock had outperformed the market over the past one month till 2 April 2014, rising 13.43% compared with the Sensex's 6.78% rise. The scrip had, however, underperformed the market in past one quarter, falling 0.61% as against Sensex's 7.96% rise.
The large-cap company has an equity capital of Rs 1998.70 crore. Face value per share is Rs 5.
On a consolidated basis, Bharti Airtel's net profit surged 115.1% to Rs 610.20 crore on 13.3% growth in net sales to Rs 21938.50 crore in Q3 December 2013 over Q3 December 2012.
Bharti Airtel is a leading global telecommunications company with operations in 20 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst the top 4 mobile service providers globally in terms of subscribers. In India, the company's product offerings include 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high speed DSL broadband, IPTV, DTH, enterprise services including national & international long distance services to carriers. In the rest of the geographies, it offers 2G, 3G wireless services and mobile commerce. Bharti Airtel had over 287 million customers across its operations at the end of December 2013.
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