Shares of Bharti Infratel jumped nearly 4 per cent on the Bombay Stock Exchange after parent company, Bharti Airtel, successfully completed the secondary sale of over 190 million shares of the tower infrastructure arm, representing a 10.3 percent stake. Buoyed by the development, shares of the company gained as much as 3.98 per cent in intra-day to hit intraday high of Rs 325.00 a piece on Bombay Stock Exchange.
In a similar fashion, stocks of the company were up 1.84 percent to trade at Rs 318.30 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 29,402.76, up 161.67 points, or 0.57 percent, at 12:10 hours.
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Shares of Bharti Infratel jumped nearly 4 per cent on the Bombay Stock Exchange after parent company, Bharti Airtel, successfully completed the secondary sale of over 190 million shares of the tower infrastructure arm, representing a 10.3 percent stake. Buoyed by the development, shares of the company gained as much as 3.98 per cent in intra-day to hit intraday high of Rs 325.00 a piece on Bombay Stock Exchange. 
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