Business

⚡Bharti Airtel Shares Drop Following Singtel-Related Block Sale

By IANS

The stock of Bharti Airtel went down about 4.48 per cent in intra-day trading on Friday, reaching a low of Rs 2,001, following the trading of 5.1 crore shares in the block deal window, with Singapore Telecommunications (Singtel) as the likely seller. The transaction reportedly occurred at a floor price of Rs 2,030 per share, reflecting a 3.1 per cent discount to Airtel’s previous close of Rs 2,095.

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