Buy Bharti Airtel, target price Rs 718: Chandan Taparia

Chandan Taparia of Motilal Oswal Securities has buy call on Bharti Airtel Ltd. with a target price of Rs 718. The current market price of Bharti Airtel Ltd. is Rs 686.3.

Time period given by analyst is Intra Day when Bharti Airtel Ltd. price can reach defined target.

Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 376835.45 Crore) operating in Telecommunications sector.

Bharti Airtel Ltd. key Products/Revenue Segments include Service Revenue and Sale of Products for the year ending 31-Mar-2021.

Financials

For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 27063.40 Crore, up 4.77 % from last quarter Total Income of Rs 25831.20 Crore and up 10.83 % from last year same quarter Total Income of Rs 24419.20 Crore. Company reported net profit after tax of Rs 1436.10 Crore in latest quarter.