Bharti Infratel hits over 3-month high; zooms 100% from March lows

Shares of Bharti Infratel hit an over three-month high of Rs 243, up 8 per cent, on the BSE on Friday in an otherwise weak market after media reports suggested that global technology giant Google is in talks to buy a 5 per cent stake in Vodafone Idea. The telecom service provider is among the key clients of Bharti Infratel.

The stock was trading at its highest level since February 14, 2020. With today’s rally, Bharti Infratel stock has zoomed 100 per cent from its 52-week low level of Rs 121 touched on March 19, 2020. In the past one month, it has soared 46 per cent as against a 2 per cent decline in the S&P BSE Sensex.