Agencies Securities has buy call on with a target price of Rs 866. The current market price of Bharti Airtel is Rs 844.25. Time period given by analyst is Intra Day when Bharti Airtel price can reach defined target. Reliance Securities recommended to keep stop loss at Rs 825 and initiate buy in the range of Rs 835- 845.
Bharti Airtel, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 499342.96 Crore) operating in Telecommunications sector.
Financials
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 34728.70 Crore, up 5.25 % from last quarter Total Income of Rs 32996.80 Crore and up 22.13 % from last year same quarter Total Income of Rs 28435.20 Crore. Company has reported net profit after tax of Rs 2622.20 Crore in latest quarter.
The company’s top management includes Mr.Sunil Bharti Mittal, Mr.Shyamal Mukherjee, Mr.Dinesh Kumar Mittal, Ms.Kimsuka Narasimhan, Mr.V K Viswanathan, Ms.Nisaba Godrej, Mr.Manish Kejriwal, Ms.Chua Sock Koong, Mr.Tao Yih Arthur Lang, Mr.Rakesh Bharti Mittal, Mr.Gopal Vittal, Mr.Pradeep Kumar Sinha. Company has Deloitte Haskins & Sells LLP as its auditors. As on 30-06-2022, the company has a total of 588 Crore shares outstanding.
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.
Bharti Airtel, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 499342.96 Crore) operating in Telecommunications sector.
Financials
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 34728.70 Crore, up 5.25 % from last quarter Total Income of Rs 32996.80 Crore and up 22.13 % from last year same quarter Total Income of Rs 28435.20 Crore. Company has reported net profit after tax of Rs 2622.20 Crore in latest quarter.
The company’s top management includes Mr.Sunil Bharti Mittal, Mr.Shyamal Mukherjee, Mr.Dinesh Kumar Mittal, Ms.Kimsuka Narasimhan, Mr.V K Viswanathan, Ms.Nisaba Godrej, Mr.Manish Kejriwal, Ms.Chua Sock Koong, Mr.Tao Yih Arthur Lang, Mr.Rakesh Bharti Mittal, Mr.Gopal Vittal, Mr.Pradeep Kumar Sinha. Company has Deloitte Haskins & Sells LLP as its auditors. As on 30-06-2022, the company has a total of 588 Crore shares outstanding.
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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