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Sell Bharti Infratel, price target Rs 235: Jay Thakkar

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Jay Thakkar of Anand Rathi has a sell call on Bharti Infratel Ltd.

with a target price of Rs 235.0 .

The current price of Bharti Infratel Ltd.

is Rs 244.8 .

Jay Thakkar recommended to keep a stoploss at Rs 252 .

Bharti Infratel Ltd., incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 45787.05 Crore) operating in Telecommunications sector.

Bharti Infratel Ltd.

key Products/Revenue Segments include Income from Infrastructure Activity which contributed Rs 6821.70 Crore to Sales Value (100.00 % 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 1668.30 Crore, down -3.31 % from last quarter Sales of Rs 1725.40 Crore and down -3.02 % from last year same quarter Sales of Rs 1720.20 Crore Company has reported net profit after tax of Rs 476.90 Crore in latest quarter.

The company’s top management includes Mr.Akhil Gupta, Mr.Bharat Sumant Raut, Mr.D S Rawat, Mr.Jitender Balakrishnan, Mr.N Kumar, Mr.R P Singh, Mr.Rajan Bharti Mittal, Mr.Tan Yong Choo, Ms.Anita Kapur, Ms.Leena Srivastava.

Company has Deloitte Haskins - Sells LLP as its auditoRs As on 30-09-2019, the company has a total of 1,849,608,246 shares outstanding.




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