Shares of Bharti Airtel are under some pressure after the company's Q3 FY12 results fell short of market estimates.
The stock is currently trading at Rs359 down Rs19.30 or 5%. The stock has hit a high of Rs368 and a low of Rs358.
Bharti Airtel has reported a 22% fall in Q3 net profit - its eighth straight quarter of declining profits. Bharti Airtel said that its consolidated net profit in Q3 FY12 fell to Rs 10.11bn from Rs 13.03bn in the same period a year earlier.
The results were based on international accounting standards.