Bharti Airtel Reaches All-Time High of Rs. 2069.25 Amid Strong Market Performance

Bharti Airtel, a prominent player in the telecom services industry, has shown remarkable performance today, reaching a new 52-week and all-time high of Rs. 2069.25. The stock opened at this price and has maintained stability throughout the trading session, aligning closely with sector performance.
With a market capitalization of Rs. 11,65,880.96 crore, Bharti Airtel continues to demonstrate strong fundamentals, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company's price-to-earnings (P/E) ratio stands at 40.35, slightly below the industry average of 41.71, indicating a competitive position within the market.

Over the past year, Bharti Airtel has delivered an impressive return of 21.12%, significantly outperforming the Sensex, which recorded a gain of 6.08%. The stock has also shown consistent growth over various time frames, including a year-to-date performance of 28.74% compared to the Sensex's 8.71%. With a robust three-year performance of 156.41% and a remarkable five-year increase of 370.74%, Bharti Airtel continues to solidify its position as a leading telecom service provider in India.