Bharti Airtel Stock Rises 3.55% Over Four Days, Market Cap at Rs 11 Lakh Crore

Bharti Airtel, a prominent player in the Telecom Services industry, has shown notable activity today, aligning with sector performance. The stock has experienced a consecutive gain over the last four days, accumulating a total return of 3.55% during this period. Today, it opened at Rs 1933.65 and has maintained this trading price throughout the session.
In terms of market metrics, Bharti Airtel boasts a substantial market capitalization of Rs 11,03,072.27 crore, categorizing it as a large-cap stock. The company's price-to-earnings (P/E) ratio stands at 38.15, slightly below the industry average of 39.32, indicating a competitive valuation within its sector.

Over the past year, Bharti Airtel has delivered a robust performance, with a 16.65% increase, significantly outperforming the Sensex, which has only seen a 0.52% rise. The stock's performance over various time frames further highlights its strength, including a year-to-date increase of 21.81% compared to the Sensex's 5.02%. Additionally, Bharti Airtel is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a positive trend in its price movement.