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Buy Bharti Airtel Ltd. target Rs 535.0 : Manas Jaiswal

ETMarkets.com|
Dec 08, 2017, 04.16 PM IST
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Manas Jaiswal of manasjaiswal.com has buy call on Bharti Airtel Ltd. with a target price of Rs 535.0 . The current market price of Bharti Airtel Ltd. is Rs 525.15 Time period given by analyst is Intra Day when Bharti Airtel Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 502
Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 205206.53 Crore) operating in Telecommunications sector.

Bharti Airtel Ltd. key Products/Revenue Segments include Service Revenue which contributed Rs 62263.70 Crore to Sales Value (99.97 % of Total Sales), Wireless Communication Equipment which contributed Rs 12.60 Crore to Sales Value (0.02 % of Total Sales) and Sale of Products which contributed Rs 12.60 Crore to Sales Value (0.02 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-09-2017, the company has reported a Consolidated sales of Rs 21776.90 Crore, down -.83 % from last quarter Sales of Rs 21958.10 Crore and down -11.66 % from last year same quarter Sales of Rs 24651.50 Crore Company has reported net profit after tax of Rs 219.90 Crore in latest quarter. The company's top management includes Mr.Ben Verwaayen, Mr.Craig Ehrlich, Mr.D K Mittal, Mr.Gopal Vittal, Mr.Manish Kejriwal, Mr.Rakesh Bharti Mittal, Mr.Shishir Priyadarshi, Mr.Sunil Bharti Mittal, Mr.Tao Yih Arthur Lang, Mr.V K Viswanathan, Ms.Chua Sock Koong, Ms.Tan Yong Choo. Company has Deloitte Haskins & Sells LLP as its auditoRs As on 30-09-2017, the company has a total of 3,997,400,102 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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