AIRTELAFRI - Airtel Africa Plc

Nov 21, 2024 at 14:32 Twitter · Facebook

AIRTELAFRI share price on Nigerian Stock Exchange

Airtel Africa Plc is a public limited company, incorporated on July 12, 2018 as a private company limited by shares in the United Kingdom and re-registered as a public limited company on June 13, 2019 with its registered office situated in England and Wales. Airtel is a leading provider of telecommunications and mobile money services with presence in 14 African countries, primarily in East, Central, and West Africa. The company offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. Airtel also offers traditional mobile voice services, with focus on data and non-voice services through the expansion of its 3G and 4G networks.

Under its Airtel Money brand, Airtel Group offers mobile money services to customers in all of its countries of operation, which provides an opportunity for the Group to extend financial services and products to underserved populations. All of these services are offered under the unified "airtel" brand. The Group also deploys, leases, owns, and manages tower infrastructure and fiber cables pertaining to telecom operations. Airtel Africa intends to roll out fixed wireless broadband solutions, B2B offerings and fiber sharing and to build further content partnerships.

Airtel Africa Plc is listed on the Nigerian Stock Exchange (NGX) since July 9th, 2019. Airtel Africa is traded on the NGX under the ticker symbol “AIRTELAFRI”. The International Securities Identification Number (ISIN) of NGX:AIRTELAFRI is GB00BKDRYJ47. Airtel Africa Plc is currently the second most valuable stock on the NGX with a market capitalization of NGN 8.11 trillion, which makes about 13.6% of the entire Nigerian Stock Exchange equity market.

AIRTELAFRI Stock Market Performance

The current share price of Airtel Africa Plc (AIRTELAFRI) is NGN 2,156.90. AIRTELAFRI closed its last trading day (Thursday, November 21, 2024) at 2,156.90 NGN per share on the Nigerian Stock Exchange (NGX). Airtel Africa began the year with a share price of 1,887.00 NGN and has since gained 14.3% on that price valuation, ranking it 77th on the NGX in terms of year-to-date performance.

Airtel Africa is the 125th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 23 - Nov 21, 2024). AIRTELAFRI has traded a total volume of 474,736 shares—in 1,285 deals—valued at NGN 1.08 billion over the period, with an average of 7,535 traded shares per session. A volume high of 184,356 was achieved on September 20th, and a low of 48 on September 11th, for the same period. The table below details the last 10 trading days of activity of Airtel Africa on the Nigerian Stock Exchange.

Profile of Airtel Africa Plc

Airtel Africa Plc operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry.

AIRTELAFRI Industrial Market Competitors

Airtel Africa Plc, issuers of the AIRTELAFRI stock on the Nigerian Stock Exchange, have two market competitors who are also engaged in the Telecommunications sector and/or Mobile Telecommunications industry. The table below presents an overview of their market standing.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange