Bharti Airtelplunged on Wednesday after
it announced weak Q1 earnings. Shares ofthe companyare trading at
Rs 282.45, down Rs 11.35, or 3.86% at the Bombay Stock Exchange
(BSE) on Wednesday at 10:19 a.m.The company reported a fall of
37.28% in consolidated net profit to Rs 7.62 billion for the
quarter ended June 30, 2012 as compared to Rs 12.15 billion in the
same period last year. Earnings performance of the company was
below market estimates of Rs 10.75 billion.
Total consolidated income has increased by 14.01% to Rs 193.62 billion for the quarter ended June 30, 2012 from Rs 169.83 billion in the year ago period.The scrip has touched an intra-day high of Rs 293.90 and low of Rs 280.85. The total volume of shares traded at the BSE is 846,698.In the earlier session, the shares declined 0.79%, or Rs 2.35, at Rs 293.80. Currently, the stock is trading down 32.27% from its 52-week high of Rs 417.00 and above 0.84% over the 52-week low of Rs 280.10.
Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 297.55 (3.75) (1.26) 1 Month 316.70 (22.90) (7.23) 3 Months 309.70 (15.90) (5.13) 6 Months 349.90 (56.10) (16.03) 1 Year 407.10 (113.30) (27.83) Note: Based on previous day closing price.
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