Bharti Airtel share price drops over 2% following news of Warburg Pincus $211 million stake sale
According to media reports, Warburg Pincus plans to sell 17.5 million Bharti Airtel shares in a block deal for a floor price of ₹1,005 a share in order to raise $211 million.
Bharti Airtel share price fell over 2% on Thursday's session following news reports that stated that Warburg Pincus, international private equity firm, was looking to offload a stake in Bharti Airtel as it continues to pare its stakes in several Indian companies. Bharti Airtel share price today opened at ₹1,015 apiece on BSE.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started