Bharti Airtel shares stage marginal recovery; Vodafone Idea dips 9%

A day after clocking bountiful gains, telecom companies’ shares closed on a mixed note on Tuesday.

Bharti Airtel shares logged a marginal 0.09 per cent gain to settle the day at Rs 458.95 a unit on the BSE. The stock fell 2.84 per cent in intra-day trade before staging a recovery. The operator’s shares had hit 52-week high on Monday. On the NSE, the telco’s shares closed at Rs 460.85 apiece, up 0.49 per cent. While Vodafone Idea shares dived 9.50 per cent to end at Rs 7.05 apiece on the BSE. Intra-day, the stock plummeted 13.73 per cent to hit a low of Rs 6.72.

On the NSE, its shares settled 7.69 per cent down at Rs 7.20 per unit. During the day, the scrip nosedived 14.10 per cent. Shares of Vodafone Idea on Monday closed higher by 14.06 per cent and those of Bharti Airtel by 4.12 per cent.