Bharti Airtel announces mega rights issue. Should you buy shares now?

Bharti Airtel shares were trading over 1% higher to ₹600 apiece on the BSE in Monday's early deals

Telecom service provider Bharti Airtel's board on Sunday approved raising up to ₹21,000 crore by way of rights issue, at a price of ₹535 per share amid plans to expand its network and prepare for the launch of 5G services. Bharti Airtel shares were trading over 1% higher in early deals, later surged to over 5% at close after Sunil Mittal addressed the investor call.

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@rajesh473 posted 3 years ago

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