Bharti Airtel’s share price rose more than 3 percent during trading on Tuesday to reach a new level of 52 weeks. The reason behind the fast is that the company has made a great deal with Blinkit. Now you will get a SIM card of Airtel sitting at home within just 10 minutes. This step of Airtel will be especially beneficial for customers who want fast and easy mobile connection facility. The company said that the service will soon be started in select cities and then it will be expanded to other cities as well. The company’s stock rose by 2.64% on BSE around 2.2 to 20 minutes in the afternoon Trading at Rs 1,802.90.
SIM card delivery will be available in 16 cities
The company said in the exchange filing, “In the initial stage of this launch, SIM delivery will be available only in 16 major cities, including Delhi, Gurgaon, Faridabad, Sonepat, Ahmedabad, Surat, Chennai, Bhopal, Indore, Bangalore, Mumbai, Pune, Lucknow, Jaipur, Kolkata and Hyderabad.
Growth up to 4 percent in 1 month
The Blinkit, formerly known as the Grofers, is the Quick-commerce venture of the Eternal. Grofers rebranded the Blinkit name in 2021, which is to provide 10 minutes of delivery e-commerce services across India. Since the partnership of Blinkit and Airtel, Airtel’s stock is seeing a boom today.
So much increase in 1 year
Bharti Airtel’s share price today opened at Rs 1,800.05 per share on BSE, the stock touched an intrade highest level of Rs 1,818 per share and an intrade of Rs 1,779.45 per share. The company’s stock has increased by 4 percent in the last 1 month and in the last 3 months the company’s stock has increased by 0.07 percent in the last 6 months, the company’s stock has fallen by 6.16 percent in the last 6 months and has seen an increase of up to 4.60 percent in 1 year.