Buy Bharti Airtel, target price Rs 920: JM Financial

Buy Bharti Airtel, target price Rs 920: JM Financial
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Synopsis

Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 429554.99 Crore) operating in Telecommunications sector.

Agencies
Promoters held 55.93 per cent stake in the company as of 30-Jun-2022, while FIIs owned 24.14 per cent, DIIs 14.63 per cent.
has buy call on with a target price of Rs 920. The current market price of Bharti Airtel Ltd. is Rs 729.05. Time period given by analyst is one year when . price can reach defined target.

Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 429554.99 Crore) operating in Telecommunications sector.

Bharti Airtel Ltd. key Products/Revenue Segments include Service Revenue and Sale of Products for the year ending 31-Mar-2022.


Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 32996.80 Crore, up 4.69 % from last quarter Total Income of Rs 31518.90 Crore and up 21.92 % from last year same quarter Total Income of Rs 27063.40 Crore. Company reported net profit after tax of Rs 2306.00 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 55.93 per cent stake in the company as of 30-Jun-2022, while FIIs owned 24.14 per cent, DIIs 14.63 per cent.
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