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Buy Bharti Airtel, price target Rs 510: CK Narayan

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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.

As on 31-12-2019, the company has a total of 5,131,961,850 shares outstanding.




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