Bharti Airtel Ltd Share Price – NSE /  BSE

Telecom-Service, Mid Cap

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Bharti Airtel announced that its step-down subsidiary, Nxtra Data will receive $1billion investment from Alpha Wave Global, Carlyle and Anchorage Capital, through their affiliates, to expand the data centre network across India and accelerate growth.

Saatvik Green Energy announced that its material subsidiary, Saatvik Solar Industries, has secured an order worth Rs 57.03 crore from a reputed independent power producer/EPC player for the supply of solar PV modules.

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Manappuram Finance said that its board approved several proposals including a leadership appointment, a capital raising plan and additional investments in its subsidiaries. The board approved borrowing programme up to Rs 7,400 crore for FY27. The board approved additional investment of Rs 7.90 crore and 150 crore in its subsidiary, Asirvad Micro Finance (AMFL) and Manappuram Home Finance, respectively.

InterGlobe Aviation (Indigo) has appointed William Walsh as chief executive officer on 31 March 2026, subject to regulatory clearance from the Ministry of Civil Aviation. Walsh, currently director general of IATA (International Air Transport Association), is expected to join IndiGo by 3 August 2026 after completing his tenure at the industry body.

Valor Estate said that its wholly owned subsidiary MIG (Bandra) Realtors has entered into an agreement with Adani Goodhomes for acquiring entire equity share capital of Radius Estates and Developers for Rs 383 crore.

Texmaco Rail & Engineering has received an order worth Rs 357.11 crore from JSW Group for the manufacture and supply of BLSS, BLCS, and BFNV rakes along with BVCM wagons.

Headquartered in Delhi, Nxtra Data operates 14 large core data centers and over 120 edge facilities across India, offering co-location, cloud infrastructure, managed hosting, data backup, disaster recovery, and edge computing services. It has a state-of-the-art facility in Pune and is developing additional AI-ready campuses in Chennai, Mumbai, and Kolkata. It is a step-down subsidiary of the company in which Airtel, wholly owned subsidiary currently holds 75.96% stake.

As part of the pact, Alpha Wave Global will invest $435 million, Carlyle $240 million, Anchorage Capital $35 million, with the rest being infused by Airtel. The investors? final shareholding will be subject to finalized post-closing adjustments. Airtel will continue to retain a controlling stake in Nxtra. The deal is subject to regulatory approvals in India. Nxtra Data to be valued at around $3.1 billion post-closing of transaction.

According to a Savills India report, India?s data center market is expected to grow at a CAGR of around 21% between 2024 and 2030 to reach nearly 3,400 MW of IT capacity.

Gopal Vittal, executive vice chairman, Airtel, said, ?At Nxtra, we have built one of India?s most advanced and sustainable data center networks, designed to meet the evolving needs of enterprises, hyperscalers, and government. With ~300 MW capacity today, we aim to scale to 1 GW in the next few years, targeting ~25% market share.?

Rick Gerson, co-founder & CIO, Alpha Wave Global, said, Alpha Wave has a particular focus on identifying and backing AI-first businesses including Anthropic, OpenAI, Cerebras, SpaceX, X.ai, Ramp, Cognition and Long Lake Management. We are excited to partner with Mr. Sunil Mittal and the Bharti Group ? a franchise defined by outstanding leadership and a remarkable track record of executing at scale alongside institutional investors - as Nxtra scales to become India's leading data center business.

Bharti Airtel is a global communications solutions provider with over 600 million customers in 15 countries across India and Africa. It offers a gamut of solutions that includes secure connectivity, cloud and data center services, cyber security, IoT, and cloud-based communication.

The company reported a 55.14% decline in consolidated net profit to Rs 6,630.5 crore, despite a 19.62% jump in revenue from operations to Rs 53,981.6 crore in Q3 FY26 over Q3 FY25.

The scrip declined 3.14% to end at Rs 1,784.30 on the BSE. The stock market will remain closed today on account of Mahavir Jayanti.

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Bharti Airtel announced the expansion of its network footprint to Marwah - a geographically remote area linking Kishtwar and Anantnag in Jammu & Kashmir. With this milestone deployment, Airtel has become the first and only service provider to deliver reliable mobile connectivity to this strategically significant and difficult-to-reach region.

Marwah, characterized by its rugged terrain and limited seasonal road access to Kishtwar and Anantnag, remains disconnected during winters due to heavy snow fall. This isolation forces residents to rely on mules or foot travel for essential supplies, work, or emergencies, while the absence of telecom coverage left approximately 150-km corridor disconnected. Airtel's high-speed network rollout in this area marks a transformative step, empowering residents, security forces, and tourists with seamless connectivity in one of the India's most challenging terrains.

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Bharti Airtel announced major plans for its Non-Banking Financial Company (NBFC), Airtel Money, underscoring its commitment to narrow the credit gap in India.

The NBFC subsidiary will be capitalised with Rs 20,000 crore to be injected over the next few years. Airtel will contribute 70% with the promoter group via Bharti Enterprises , bringing in the balance 30%.

With strong digital assets, a large data and analytics engine powered by 500+ data scientists, and deep operational expertise, Airtel aims to rapidly expand access to simple, secure, and innovative digital financial services across India.

Airtel has built a high-performance credit engine over the last two years, powered by its digital platform and deeply integrated channels, resulting in one of India's strongest lending service provider (LSP) models.

The platform has already achieved hyperscale adoption with over Rs 9,000 crore in disbursements - supported by best-in-class delinquency outcomes, driven by robust underwriting models, disciplined portfolio management, and real-me risk monitoring.

Airtel Money received its NBFC license from the Reserve Bank of India (RBI) on 13 February 2026.

This strategic expansion in India's fast-growing financial services sector underscores Airtel's commitment to deepening financial inclusion and empowering underserved consumers. Formal credit to GDP ratio in India is at 53%, according to Care Edge Ratings, and highlights the scope for lending in the country.

The expansion is also a natural adjacency that will leverage the large Airtel customer base to build the next growth engine for the company and further diversify its portfolio.

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