Stock

Bharti Airtel share price down by 8 per cent

Internet Des | Updated on September 23, 2020 Published on September 23, 2020

In one of the biggest single-day drop, shares of Bharti Airtel had fallen as much as 8 per cent to ₹433.4 on Wednesday. It had dropped almost 17 per cent during the last two weeks of trading.

Earlier, PTI had reported quoting government sources that the telecom operators, including Bharti Airtel and Vodafone Idea, which have pending adjusted gross revenue dues will have to pay 10 per cent of the total liability by March 31 irrespective of the part-payments made by them.

 

Operational telecom operators are expected to pay ₹12,921 crore by March 31, of which close to 80 per cent has to be paid by Vodafone Idea and Bharti Airtel, it further added.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on September 23, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.