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D-Street awaits special dividend from Bharti Infratel

Updated : November 24, 2020 03:20 PM IST

Telecom infrastructure company Bharti Infratel's shares surged 8 percent in anticipation of a special dividend after the completion of the Indus Towers deal.

The markets are at record highs but Bharti Infratel is still 20 percent away from its 52 week high of Rs 296.

Secondly, after merger of Bharti Infratel and Indus completed last week, the Street is awaiting a special dividend announcement.

CNBC-TV18’s Reema Tendulkar tells what all is aiding this rally.

Watch this video for more.
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