By Hindu Business Line

A day after the announcement of Reliance Jio Infocomm inking a telecom tower sharing agreement with Bharti Infratel, the scrip of Bharti Infratel zoomed 4.47 per cent to close at ?199.95 on Wednesday. This was after the stock hit an all-time high of ?214 in intraday trade.

“The stock price soared on expectations of an increase in revenues to Bharti Infratel. We expect some more upside to this,” said Alex Mathews, Head — Research, Geojit BNP Paribas Financial Services.

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