Bharti Airtel shares fell on Thursday after Credit Suisse downgrades the stock to 'underperform' from 'neutral' and reduces the target price to Rs 265 from Rs 275.

Shares of the company are trading at Rs 344.95, down Rs 9.25, or 2.61% at the Bombay Stock Exchange (BSE) on Thursday at 11:16 a.m.

The scrip has touched an intra-day high of Rs 352.15 and low of Rs 339.70. The total volume of shares traded at the BSE is 198,903.

In the earlier session, the shares lost 1.92%, or Rs 6.95, at Rs 354.20.

Currently, the stock is trading down 7.64% from its 52-week high of Rs 373.50 and above 25.57% over the 52-week low of Rs 274.70.