Bharti Infratel Ltd (BHRI.NS)
7 Mar 2014
|Market Cap (Mil.):||Rs388,080.00|
|Shares Outstanding (Mil.):||1,888.93|
* BSE index gains 0.32 pct; NSE ends 0.49 pct higher * As India sets election dates, traders brace for stocks rally * Bharti Infratel jumps on tower sharing pact By Abhishek Vishnoi MUMBAI, Mar 5 - India's benchmark BSE index gained 0.3 percent on Wednesday to approach a record closing high hit last month, extending a recent rally as continued buying by foreign investors boosted stocks of blue chip companies such as ICICI Bank. Overseas investors bought Indian shar
Reuters Market Eye - Shares of Reliance Communications fall 1.7 percent after a unit of rival Bharti Airtel , Bharti Infratel , entered into a tower sharing pact with Reliance Industries .
Reuters Market Eye - Shares in Bharti Infratel gain 6.2 percent after the company entered into a tower sharing pact with Reliance Jio Infocomm, Reliance Industries' telecom unit.
* Shares in India's Bharti Infratel gain 5.3 percent after the company entered into a tower sharing pact with Reliance Jio Infocomm, Reliance Industries' telecom unit. * "Reliance Jio can hire nearly 5,000 towers from Bharti Infratel in FY15 which means a rental income of around 2 billion rupees for the company," an analysts tracking the sector said. * Reliance Industries and Bharti Airtel Ltd in December 2013 had agreed to share network infrastructure. * Bharti Infratel is the tower unit of
NEW DELHI - Telecommunications tower operator Bharti Infratel Ltd beat estimates with a surge in quarterly net profit, helped by higher investment income and lower interest expenses.
* Tower operators bet on mobile data growth to boost demand
* Companies to share telecoms infrastructure, may extend to other areas
MUMBAI - Telecommunications tower operator Bharti Infratel Ltd reported on Monday a 12 percent rise in quarterly profit on higher sales from leasing mobile masts to carriers.