Dharmesh Shah of ICICI Direct has a buy call on Bharti Airtel Ltd. with a target price of Rs 505. The current price of Bharti Airtel Ltd. is Rs 470.4. Time period given by the analyst is Intra Day when Bharti Airtel Ltd. price can reach defined target. Dharmesh Shah recommended to keep a stop loss at Rs 454.
Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 240616.63 Crore) operating in Telecommunications sector.
Bharti Airtel Ltd. key Products/Revenue Segments include Service Revenue which contributed Rs 49589.50 Crore to Sales Value (99.96 % of Total Sales), Service Revenue which contributed Rs 49589.50 Crore to Sales Value (99.96 % of Total Sales), Sale of Products which contributed Rs 18.50 Crore to Sales Value (0.03 % of Total Sales) and Sale of Products which contributed Rs 18.50 Crore to Sales Value (0.03 % of Total Sales) for the year ending 31-Mar-2019.
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 21131.30 Crore, up 1.90 % from last quarter sales of Rs 20737.90 Crore and up 4.88 % from last year same quarter sales of Rs 20147.80 Crore. Company has reported net loss after tax of Rs 23145.60 Crore in latest quarter.
Source: Economic Times
