Shares of Bharti Airtel slipped nearly 3% on 26 November 2025 after a promoter sold a large portion of its stake. The stock touched an intra-day low of ₹2,100 on the BSE following the announcement of the block deal.
Indian Continent Investment Ltd. (ICIL), a promoter entity linked to the Sunil Mittal-led group, plans to sell approximately 34.3 million shares, roughly 0.56% of Airtel’s total equity. The shares are being offered at a floor price of ₹2,096.70 each, about 3% below the previous day’s closing price. The transaction is expected to raise around ₹7,200–7,400 crore.
After the sale, ICIL’s holding in Airtel will fall below 1%, and the remaining shares will be subject to a 90-day lock-up period, preventing further immediate sales. This move continues ICIL’s gradual reduction of its stake in Airtel over the past year through multiple block deals.
Large promoter sales like this often trigger short-term selling pressure, contributing to volatility in the stock. However, analysts note that Airtel’s core business fundamentals remain solid, supported by steady cash flows, rising Average Revenue Per User (ARPU), and manageable capital expenditure plans for FY26.
Investors are advised to view the dip as a short-term market reaction rather than a sign of trouble in the company’s operations, as Airtel continues to show strong revenue growth and subscriber additions.
Market analysts noted that while the stock experienced a temporary dip, Bharti Airtel’s long-term fundamentals remain strong. The company continues to perform well in revenue growth, subscriber additions, and digital services expansion, which could support investor confidence over time.