Bharti Airtel, India’s second-largest telco, reported a 50% YoY increase in its consolidated net profit for the fiscal Q4 as it benefited from a one-time exceptional gain from its Africa business and saw strong 4G user additions and increased data and voice services consumption. Revenue grew by 0.6% sequentially and 14.3% YoY, while mobile revenue grew just over 1% sequentially and 12% YoY. The telco’s shares closed 1.44% lower after it recommended a final dividend of Rs. 4 per fully paid-up equity share of face value of Rs. 5 each.
Positive Breakout: These 3 stocks cross above their 200 DMAs
In the NSE large cap pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on April 3, according to stockedge.com’s technical
April 4, 2025