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Bharti Airtel shares rise 3% on partnership with SpaceX

Business Today · 1m

Bharti Airtel shares increased by 3% following the announcement of a partnership with SpaceX. The collaboration aims to introduce Starlink's high-speed internet services to India, pending regulatory approval. The stock's intraday high reached Rs 1717.25, with a trading volume of 4.43 lakh shares and a turnover of Rs 73.48 crore on the BSE. Despite the increase, shares closed at Rs 1645.40, ending 0.95% lower. Airtel's market capitalization stands at Rs 9.38 lakh crore.