Bharti Airtel gains on expanding tie up with Netflix
Bharti Airtel has expanded its partnership with Netflix in India through which subscribers of select Airtel Postpaid and V-Fiber Home Broadband plans will receive a three month Netflix subscription.
After the initial three months, subscribers will be able to pay for their Netflix subscription using Airtel postpaid bill. Existing Netflix subscribers will also be eligible for this gift. Subscribers not eligible for the gift will be able to sign up to Netflix through Airtel's apps and pay for their subscription using Airtel bill.
The company will announce details of eligible plans soon. Netflix and Airtel have also partnered to promote Netflix content and give Airtel TV users a taste of Netflix content through Airtel TV app.
Last one week high and low of the scrip stood at Rs. 379.50 and Rs. 363.05 per share, respectively. The current market cap of the company is Rs. 1,50,322.23 crore.
On Monday, the stock has opened at Rs.370.95 per share and touched a high/low of Rs.379.50/368.50 and on 3:03 pm the stock was quoting at Rs.375.85/share on BSE.