Bharti Airtel touched an intraday high of Rs 348.80 and an intraday low of Rs 334.50. At 11:04 am, the share was quoting at Rs 336.70, down Rs 5.65, or 1.65%.
The company has signed agreement to build, operate SE Asia JCS (South East Asia Japan Cable System). SJC will cost USD 400 million, measure 8,300 km. SJC is going to link Singapore, Hong Kong, Indonesia, Philippines and Japan. It will operational by Q2 2012, reports CNBC-TV18.
It was trading with volumes of 1,188,130 shares. Yesterday the share closed up 3.43% or Rs 11.35 at Rs 342.35.
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