Archive · 7 Nov 2025
Singtel Block Deal Sparks 4.48% Drop in Bharti Airtel Shares
A big telecom company from Singapore called Singtel sold some of its shares in an Indian telecom company called Bharti Airtel.
This was a big sale, worth about $1.17 billion, and involved around 0.8% of the shares.
The shares were sold at a price a bit lower than the market price, which caused Bharti Airtel's stock to drop almost 4.5% during the day.
This is the second time Singtel has sold shares in Bharti Airtel; they sold a larger portion last time in May, after which Airtel's stock actually went up.
Even though the stock dropped because of this sale, Bharti Airtel has been doing well recently.
They recently announced that their profits for the July-September quarter more than doubled compared to last year, and their revenue also significantly increased.
Singtel is reportedly selling approximately 0.8% of its stake in Bharti Airtel through a block deal.
The transaction involved 5.1 crore shares and is valued at around Rs 10,300 crore ($1.17 billion).
Bharti Airtel shares dropped nearly 4.48% in intra-day trading following the news of the block sale.
The sale occurred at a floor price of Rs 2,030 per share, a 3.1% discount to Airtel's previous closing price.
Bharti Airtel reported an 89% year-on-year increase in net profit for the July-September quarter, reaching Rs 6,791 crore.
- Who
- Singapore Telecommunications (Singtel)
- What
- Sold approximately 0.8% of its stake in Bharti Airtel via a block deal.
- When
- Friday
- Where
- India
- Why
- Reportedly part of Singtel's strategy, with JP Morgan India overseeing the deal to build a book from institutional investors.
Market Reaction
Bharti Airtel's Performance
Share Price Impact
Market Reaction
Bharti Airtel's stock price fell approximately 4.48% in intra-day trading, reaching a low of Rs 2,001, following the block deal.
Bharti Airtel's Performance
Bharti Airtel shares have gained 3.68% over the past month and 25.34% year-to-date, with a recent quarterly profit jump of 89%.
Previous Sale Impact
Market Reaction
The current block deal was conducted at a floor price reflecting a 3.1% discount to the previous close, with the stock subsequently dropping.
Bharti Airtel's Performance
After Singtel's previous sale of a 1.2% stake in May at Rs 1,814 per share, Airtel's share price had risen by about 15%.
- Seller
- Singapore Telecommunications (Singtel) - likely
- Asset
- Bharti Airtel shares
- Stake Percentage Sold
- Approximately 0.8%
- Shares Sold
- 5.1 crore
- Deal Value
- Around Rs 10,300 crore ($1.17 billion)
- Floor Price
- Rs 2,030 per share (3.1% discount to previous close)
- Bharti Airtel Q2 FY26 Net Profit
- Rs 6,791 crore (89% YoY increase)
- Bharti Airtel Q2 FY26 Revenue
- Rs 52,145 crore (25.7% YoY increase)
Sources
Singtel to sell Rs 10,300-crore Airtel stake
Bharti Airtel share price slumps over 3% amid reports of ₹10,300 cr block deal; Singtel likely seller
Bharti Airtel shares slip 4% amid Singtel block deal worth Rs 10,300 crore
Bharti Airtel Declines 4% After Pastel Ltd Offloads 5.1 Crore Shares Via Block Deal
Bharti Airtel shares drop following Singtel-related block sale
