Bharti Airtel Block Deal Launched! Singtel May Sell Stake, Block Size Likely Rs 10,300 Cr Deal, Says Report

Bharti Airtel's block deal has reportedly hit Dalal Street, with Singapore-based Singtel likely to sell around 0.8% stake in the telecom major. for about ₹10,300 crore. According to a CNBC-TV18 report citing sources, Bharti Airtel block deal size is likely to be around Rs 10,300 crore and the floor price for the sale has been set at Rs 2,030 per share, a discount of 3.1% to the current market price.

Bharti Airtel shares closed 0.87% lower at Rs 2,094 per share on BSE with a market capitalisation of Rs 11,94,362.98 crore on Thursday. Bharti Airtel is yet to confirm the details about the block deal and GoodReturns couldn't independenty verify the development.

High Trading Volatility in Bharti Airtel Shares

While the official confirmation is awaited, Bharti Airtel shares witnessed a significant spurt in trading volume during the closing hours of the Indian stock market on Thursday. Nearly 30,561 Bharti Airtel shares exchanged hands at 3:19 pm on BSE today. The stock recently touched its 52-week high mark of Rs 2,135.75 per share on BSE on 4 November 2025.

The sharp surge in Bharti Airtel prices over the last three days has come against the backdrop of the announcement of the second quarter results for the financial year 2025-26.

Bharti Airtel Q2 Results

The telecom giant had reported a massive surge in its consolidated net profit to Rs 8,651 crore during the September quarter. Bharti Airtel's Q2 profit jumped significantly compared to the same period last year. The massive surge in Bharti Airtel share price is driven by a rise in high-value smartphone users and post-paid connections.

The company's revenue from operations saw a 26% increase, amounting to Rs 52,145 crore for the September quarter. In comparison, it was Rs 41,473.3 crore during the same timeframe last year. Airtel's India revenue, which includes its share from Indus Towers, grew by 22.6% year-on-year to Rs 38,690 crore.

The telecom giant added 5.1 million smartphone customers during this quarter and achieved nearly one million net additions in the post-paid segment. Bharti Airtel's Managing Director Gopal Vittal noted that India's mobile business maintained an industry-leading ARPU due to continued premiumisation and focus on quality customers.

Airtel's total customer base expanded by 10.7% year-on-year to reach 62.35 crore users, with India accounting for 44.97 crore users. Smartphone data users increased by 2.22 crore over the past year, reflecting an annual growth of 8.4%. Mobile data consumption per customer rose by 26.6%, reaching an average of 28.3 GB per month.