The shares of Airtel, the country’s second largest telecom company, saw a strong rise on Friday. At the end of the trading, Airtel’s shares climbed 3.04% to close at Rs 1934, the company’s all -time high price, although the stock went up to Rs 1949 during the business. Airtel’s shares have given strong returns to investors in the last 10 years.
Especially in the last decade, Bharti Airtel’s shares have recorded a great rise. However, during this time the company got a strong match with Reliance Jio. Jio’s entry and low -cost data plan in the telecom sector also affected Bharti Airtel’s business. During this period, Airtel’s share prices fluctuated. But the company invested heavily in 4G infrastructure under the strategy, which also increased its debt. Despite these challenges, Airtel maintained his customer base and its impact on its stock started showing. In the year 2018, the price of Airtel’s stock was around ₹ 400–500.
Year after year Airtel’s shares rise
A significant improvement in Airtel shares was seen in the period from 2019 to 2022. The company raised huge capital through the rights issue and reduced the debt by paying premature payment of spectrum payable, which increased the trust of investors. Not only this, the company’s business was strengthened due to increasing data demand during the Corona period. In the year 2020, the price of Airtel’s stock reached from 500 to 600 rupees, by the year 2022, the price of the share reached 700 to 800 rupees.
In the last three years, Airtel’s shares have seen a strong rise. Because the 5G rollout and boom in data demand further strengthened the company’s position. In 2023, the share price rose to Rs 800 to Rs 800 and in 2024, the company focused on its digital and cloud services, which led to the increase in the share price to crossing Rs 1200.
In the last one year, this loud cap company has given about 40 percent returns. Whereas in the last 5 years, a strong 244 percent return has been received, that is, if someone would have invested Rs 1 lakh in Airtel’s stock 5 years ago, then his investment would have increased to about Rs 3.44 lakh. The stock has made 22 percent returns in the last 6 months.
About Bharti Airtel Company
Bharti Airtel Limited was established on 7 July 1995 by Sunil Bharti Mittal. It started as Bharti Cellular Limited, which first started mobile services under the name ‘Airtel’ in Delhi. It was the beginning of a transformative journey in the telecom sector of India, as Airtel was one of the private operators that started mobile services.
Significantly, in February 2002, Bharti Airtel’s IPO came. At that time, Bharti Airtel was known as Bharti Tele-Ventures Limited. 18.5 crore equity shares were issued in the IPO, and the share was 45 per share in the IPO. The company raised around ₹ 834 crore. This step came in the era of mobile revolution in India when private telecom companies were growing rapidly. Now Bharti Airtel’s dominance is also in broadband and DTH. The company’s business in 18 countries extends to Africa and South Asia.