CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

India’s Bharti Airtel bucks market trend, hits 52-week high

By Anoop Agrawal

06:33, 22 November 2021

Bharti Airtel advertised over a wall in Leh, Ladakh in north India. Bharti Airtel, also known as Airtel, is an Indian global telecommunications services company based in Delhi, India.
Bharti Airtel advertised over a wall in Ladakh in north India – Photo: Shutterstock

Shares of Bharti Airtel, India’s second-largest mobile telecommunication services provider, rose to a 52-week high today following the company’s decision to hike tariffs across products and services.

Shares of the telecom operator rose as high as INR755 before stabilising 4.3% higher at INR745 during trade before noon at the National Stock Exchange. 

The New Delhi-based company led the stocks that beat the broader weakness in the benchmark indices which fell for a fourth consecutive day on Monday.  The National Stock Exchange’s 50-share Nifty50 index and the bellwether Bombay Stock Exchange’s 30-share Sensex, both extended morning losses and were lower by at least 1.5%.

Maintaining a healthy ARPU

Clarifying the price hike in tariff, the company noted in its exchange filing: “Bharti Airtel has always maintained that the mobile average revenue per user (APRU) needs to be at INR200 and ultimately at INR300, so as to provide a reasonable return on capital that allows for a financially healthy business model. We also believe that this level of ARPU will enable the substantial investments required in networks and spectrum.”


0.62 Price
+0.550% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 22:00 (UTC)
Spread 0.01168


38,872.45 Price
+2.760% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 106.00

Oil - Crude

76.27 Price
+1.040% 1D Chg, %
Long position overnight fee -0.0136%
Short position overnight fee -0.0083%
Overnight fee time 22:00 (UTC)
Spread 0.030


2,058.99 Price
+1.190% 1D Chg, %
Long position overnight fee -0.0195%
Short position overnight fee 0.0113%
Overnight fee time 22:00 (UTC)
Spread 0.50

This, according to the company, would also provide it with an elbow room to roll out 5G in India. “Therefore, as a first step, we are taking the lead in rebalancing our tariffs during the month of November,” the release added.

Bharti Airtel’s mobile ARPU for the quarter ended 30 September increased to INR153 from INR143 in the same period last year as data consumption soared by 47.5% year-on-year and monthly data consumption per customer increased to 18.6GB from 14.4GB, the company said earlier in the month announcing its quarterly performance.

The tariff increase announced today in mobile and data services was in the range of 20-25%, the company release noted. The new tariffs will come into effect from 26 November. Bharti Airtel’s quarterly revenue surged 18.3% on-year to INR198.9bn helped by a 20.3% increase in mobile business revenues.

Read more: Reliance Industries, Saudi Aramco to reassess planned deal

Rate this article

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.

Still looking for a broker you can trust?

Join the 570.000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading