Bharti Airtel jumps over 1% on TDSAT judgment in 3G intra-circle roaming case

Posted By: Religare
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Buoyed by the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) verdict in the 3G intra-circle roaming case, shares of country's largest telecom operator Bharti Airtel Ltd jumped over 1 per cent on the Bombay Stock Exchange in the early trading.

In a plea filed by the operators against the government's order to stop the service, TDSAT Chairman Justice S B Sinha allowed the operators' plea against the government's directive saying that it was violation of natural justice.

Continuing its gaining streak for the fourth consecutive day, shares of the company started the day on positive note and witnessed a gain of as much 1.36 per cent to trade at Rs 323.85 a piece on BSE.

On the volume front, 0.82 lakhs shares changed hands till now compared to average of 2.54 lakhs shares in daily trade on BSE.

In a similar fashion, shares of the company were trading at Rs 323.25, up 1.43 per cent on the National Stock Exchange.

Meanwhile, the broader benchmark Sensex was quoting at 17,464.26, up 38.55 points or 0.22 per cent at 10:34 hours.

Read more about: bharti airtel
Story first published: Wednesday, July 4, 2012, 13:33 [IST]
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