Bharti Airtel Stock Rises 2.38%, Market Cap Reaches Rs 10.84 Lakh Crore

Bharti Airtel, a prominent player in the Telecom Services industry, has shown notable activity in the market today. The stock has been on an upward trajectory, gaining for the last three consecutive days, with a total increase of 2.38% during this period. Currently, it is trading at Rs 1911.7, maintaining this price level throughout the day.
In terms of performance metrics, Bharti Airtel's one-year return stands at 14.44%, significantly outperforming the Sensex, which has recorded a mere 0.98% during the same timeframe. Year-to-date, the stock has delivered a robust return of 19.78%, compared to the Sensex's 4.74%. However, in the short term, the stock's one-day performance reflects a slight decline of 0.02%, while it has gained 1.29% over the past week.

The company's market capitalization is approximately Rs 10,84,682.98 crore, categorizing it as a large-cap stock. With a P/E ratio of 37.57, Bharti Airtel remains competitive within its industry, which has an average P/E of 38.69. The stock's moving averages indicate a strong position, being higher than the 5-day, 50-day, 100-day, and 200-day averages, although it is slightly lower than the 20-day moving average.