Airtel shares in focus as Singtel plans Rs 8,500 crore stake sale via block deal

Singapore Telecommunications plans to sell approximately 5 crore shares of Bharti Airtel. The deal, estimated at Rs 8,500 crore, will occur through block deals. The floor price is likely Rs 1,800 per share, a discount from the current market price. Singtel currently holds a 9.49% stake in Bharti Airtel. Bharti Airtel reported a strong Q4FY25 with a significant profit increase.