Shares of Bharti Airtel jumped more than 2% on Friday after Reliance Industries Chairman Mukesh Ambani announced that the company has approved Jio Platforms' DRHP, which will be filed with market regulator SEBI today.
Bharti Airtel shares rose to Rs 1,914.50 apiece on the NSE on Friday afternoon. This came while shares of Reliance Industries (RIL) dropped 2%. Notably, Airtel and Jio hold the biggest market shares among broadband (wired and wireless) service providers. Jio’s subscriber base stood at 527 million at the end of April 2026, while that for Bharti Airtel stood at 373 million.