Bharti joins 2 trillion Mcap club, Mittal 4th trillionaire

Bharti joins 2 trillion Mcap club, Mittal 4th trillionaire

Mumbai: Bharti Airtel on 10 October entered the coveted 2 trillion club, joining the likes of Reliance Industries and state-run ONGC, while its Chairman Sunil Bharti Mittal became India’s fourth trillionaire in rupee terms.

Bharti Airtel’s scrip today surged 2.60% to 1,067 on the Bombay Stock Exchange in the afternoon trade taking its market capitalisation to 2,02,627 crore in intra-day. The scrip had touched an all-time high of 1,149 on the bourse earlier in the day.

Mittal, who owns about 50% stake in the group’s flagship Bharti Airtel, saw his wealth soar to 1,01,314 crore (about 25.51 billion dollar), joining the league of trillionaires Mukesh Ambani, Anil Ambani and Azim Premji.

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