New Delhi, Feb. 18 -- Bharti Airtel share price fell over a percent on Tuesday after the telecom company announced that its promoter-group entity Indian Continent Investment Limited (ICIL) sold 0.84% stake in the company. Bharti Airtel shares declined as much as 1.15% to Rs.1,656.15 apiece on the BSE.

In a stock exchange filing on February 18, Bharti Airtel said that Indian Continent Investment Limited (ICIL) sold 0.84% shareholding, or 5.11 crore equity shares in Airtel through a market transaction, for an aggregate amount of Rs.8,485.11 crore.

Bharti Telecom, the promoter of Airtel, anchored the trade by acquiring 1.20 crore shares, or 24% of ICIL's sale of today, helping the overall book to be allocated only to key marquee long only ...