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Published on 9/11/2018 12:53:16 PM | Source: Dion Global Solutions Ltd

Bharti Airtel shares plummet 5%

Shares of Bharti Airtel fell over 5 per cent on the Bombay Stock Exchange after Moody's Investors Service placed the telecom major’s rating on review for downgrade. Weighed down by the development, shares of the company declined as much as 5.21 per cent and touched an intra-day low of Rs 290 apiece on the Bombay Stock Exchange.

In a similar trend, stocks of the firm were trading at Rs 300.05 apiece, down 2.02 per cent, on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 35,231.54, down 6.14 points, or 0.02 per cent, from the previous close on the BSE at 12:25 hours.