The announcement was made on Saturday, 15 December 2018.

Meanwhile, the S&P BSE Sensex was up 208.68 points, or 0.58% to 36,171.61.

On the BSE, 44,000 shares were traded in the counter so far compared with average daily volumes of 4.20 lakh shares in the past two weeks. The stock had hit a high of Rs 323.05 and a low of Rs 318.95 so far during the day. The stock hit a 52-week high of Rs 547.20 on 27 December 2017. The stock hit a 52-week low of Rs 277 on 22 October 2018.

Bharti Airtel's consolidated net profit fell 57.48% to Rs 249.20 crore on 6.22% decline in net sales to Rs 20422.50 crore in Q2 September 2018 over Q2 September 2017.

Bharti Airtel is a leading global telecommunications company with operations in 18 countries across Asia and Africa.