Buy Bharti Airtel, price target Rs 510: CK Narayan

INSUBCONTINENT EXCLUSIVE:
CK Narayan of Chart Advise has a buy call on Bharti Airtel Ltd
with a target price of Rs 510.0
The current price of Bharti Airtel Ltd
is Rs 500.0 Time period given by the analyst is Intra Day when Bharti Airtel Ltd
price can reach defined target
CK Narayan recommended to keep a stoploss at Rs 490
Bharti Airtel Ltd., incorporated in 1995, has a market cap of Rs 256603.00 crore
Bharti Airtel Ltd
key Products/Revenue Segments include Service Revenue which contributed Rs 49589.50 Crore to Sales Value (99.96 % 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 profit after tax of Rs
-23145.60 Crore in latest quarter
The company’s top management includes Mr.Craig Edward 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.Kimsuka
Narasimhan, Ms.Tan Yong Choo
Company has Deloitte Haskins - Sells LLP as its auditors