Friday, November 7: Shares of Bharti Airtel Ltd. came under pressure in early trade after a large block deal saw over 5 crore shares change hands, amounting to nearly Rs 10,300 crore, as per exchange data and market reports.
While the buyer and seller were not disclosed, the shares were reportedly traded at a floor price of around Rs 2,030 per share, representing a marginal discount to Thursday’s closing level.
Following the transaction, Bharti Airtel’s stock declined 3.5% to Rs 2,022 on the National Stock Exchange (NSE). The block deal triggered heavy volumes, making the telecom major one of the most actively traded counters during the session.
Earlier this week, the company had reported a 14.2% year-on-year rise in consolidated net profit to Rs 6,791 crore for the second quarter of FY26, while revenue grew 5.4% sequentially to Rs 52,145 crore. The EBITDA margin improved to 56.7%, supported by steady operational performance.
Despite the decline in Friday’s trade, Bharti Airtel remains among the top-performing large-cap stocks of 2025, up over 26% year-to-date.
Disclaimer:
The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
