Bharti Airtel Falls Over 2% After Promoter Stake Sale

Bharti Airtel shares fell over 2% on August 8 after a block deal worth ₹12,563 crore saw nearly 1% equity change hands. The promoter group, led by Sunil Mittal, trimmed stake at ₹1,862/share. Despite strong Q1 results, including ₹14,500 crore free cashflow and ARPU rise to ₹250, the stock faced pressure.