Bharti Infratel said Tuesday the company's operations in some parts of Jammu & Kashmir have been affected in the unprecedented flooding. The company's teams have been able to manage to materially mitigate the consequences.
The company's teams are constantly monitoring the situation and are working with the authorities to fully normalize the operations in the affected areas at the earliest possible. It is adequately insured and the company do not see any material financial impact on the company.
Shares of the company declined Rs 8.55, or 2.88%, to trade at Rs 287.90. The total volume of shares traded was 71,495 at the BSE (1.54 p.m., Tuesday).