.jpeg)
Bharti Airtel share price climbed over a per cent to hit a record high in morning trade on Thursday, April 17, in an otherwise weak market. Bharti Airtel shares opened at ₹1,831.60 against their previous close of ₹1,823 and rose 1.2 per cent to the all-time high of ₹1,844.35. Around 9:30 AM, the stock traded 0.66 per cent higher at ₹1,835 on the BSE. Equity benchmark Sensex was 0.41 per cent down at 76,725 at that time.
Bharti Airtel share price trend
Bharti Airtel shares have seen healthy gains in the current calendar year, defying market volatility. The telecom stock jumped 15 per cent this year until April 16, against a 1.4 per cent decline in the Sensex.
Over the last year, the stock has jumped 50 per cent, while in the last three and five years, the stock has given returns of 147 per cent and 266 per cent, respectively.
Bharti Airtel's share price hit a 52-week low of ₹1,215.70 on April 18 last year.
Why is Bhati Airtel stock rising?
The recent rise in the stock price could be attributed to the company's healthy growth prospects.
Recently, Bharti Airtel announced a collaboration with Blinkit to provide SIM cards to customers' homes in just 10 minutes.
Through an exchange filing, the company said it offers a unique service as a telco. The company is now operational in 16 cities across the nation and intends to expand to additional cities and towns in the future.
