Thu, Jan 11, 2024
The industry requires an ARPU of INR 270-300 in the next 3-5 years for a pre-tax RoCE of 12-15 per cent to justify capex, noted the brokerage.
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Wed, Jan 10, 2024
BofA Securities on Tuesday upgraded the stock to 'neutral' and revised its target price to 1145, implying an upside of 7 per cent from Bharti Airtel's current share price. The brokerage analysts said that they were expecting a 'meaningful tariff hike' in the next 12 months that is likely to benefit the telecom firm.
Sun, Jan 07, 2024
The mcap of Life Insurance Corporation of India (LIC) soared Rs 7,020.75 crore to reach Rs 5,34,082.81 crore.
Sat, Nov 21, 2020
Bharti Airtel on Friday said it will acquire 5.2 per cent stake in solar power company Avaada MHBuldhana for Rs 4.55 crore in an all-cash deal.
Fri, Nov 06, 2020
Brokerages have been on the job and here we provide a number of stock picks that will see some good returns flowing. So, from Axis Bank, Bajaj Auto, Bharti Airtel, Bajaj Finserv, ITC to Infosys, here are some great stocks to buy.
Tue, Nov 03, 2020
Bharti Airtel’s ARPU at Rs 162 is 12% higher than Jio and 24% higher than Vodafone Idea and industry sees ARPU headed to over Rs 200.
Mon, Nov 02, 2020
Looking to make this possible for investors is this brokerage which has been busy in identifying top stocks for Diwali. Amber Enterprises, APL Apollo Tubes, Asian Paints, Bharti Airtel to HDFC Life, here are Sharekhan's top Diwali stock picks.
Fri, Oct 30, 2020
Indian stock markets have managed to hold even though global markets have been highly volatile. Nifty closed at over 11,670 points Thursday. Calling the sentiments around the aggravating coronavirus situation as "rhetoric", IIFL Director Sanjiv Bhasin said that if the markets are able to digest this, things will look upwards. He said that it was a very opportune time for investors back home in India
Thu, Oct 29, 2020
IDBI Capital picks 7 key stocks for investors for long term investment. They are APL Apollo Tubes, Alembic Pharma, Bayer CropScience, Bharti Airtel, Johnson Control, Nestle India and Supreme Industries.
Wed, Oct 28, 2020
ICICI Securities maintains buy rating with target of Rs 655. Bharti Airtel’s (Bharti) Q2 FY21 result shows its superior execution in India mobile, and across other segments. Bharti’s India mobile print shows marked improvement in many areas such as growth in total subscriptions without ARPU dilution.
Tue, Oct 27, 2020
Bharti Airtel`s consolidated net loss for the July-September quarter narrowed to Rs 763.2 crore, compared to Rs 23,044.9 crore reported during the corresponding period a year ago.
Fri, Oct 23, 2020
India telecom is a consolidating market with Jio and Bharti Airtel (70% market share) and Vodafone bleeding share.
Thu, Oct 22, 2020
Leader Jio has 100 mn Jio phone (4G feature phone) subscribers of total 398 mn while Bharti Airtel and Vodafone Idea have 131-144 mn feature phone.
Fri, Oct 16, 2020
In its latest report, CLSA says that it expects portfolio adjustments for economic normalisation to favour domestic plays.
Mon, Oct 12, 2020
Revenues for mobile operators are expected to improve sequentially in September quarter, as factors like increased recharges, reverse migration, and easing of lockdown curbs helped overcome what is otherwise a seasonally weak quarter, say sector analysts
Sat, Oct 10, 2020
A brokers' poll suggests that many companies are likely to report better results for the Quarter ended 30 September. This will likely be a positive trigger for the markets and aid the upward movement of markets. Zee Business’ Varun Dubey has a detailed report on this!
Thu, Oct 01, 2020
Stock Market Closing Bell Today: On account of heavy short-covering in th banking, finance, realty and telecom stocks, the Indian indices managed to end in the green zone after the closing bell today.
Wed, Sep 30, 2020
In a chat with Zee Business Managing Editor Anil Singhvi during the popular TV Show ‘Bhasin Ke Hasin Share’, analyst Sanjiv Bhasin said that there could be volatility for next 1-2 days.
Fri, Sep 25, 2020
Stock Market Opening Bell Today: On account of strong global cues following the Wal Street rally yesterday, the Indian indices opened in the green zone in the opening bell today.
Thu, Sep 24, 2020
The Waybeo Technology Solutions hit a milestone on Wednesday when telecom giant Bharti Airtel announced picking up 10 per cent stake in the company with focus on deep AI analytics for cloud telephony. The deal, which is a part of the Airtel Startup Accelerator Programme, would enable the 2011-founded Waybeo earn larger distribution reach,a press release said
Vodafone Idea and Bharti Airtel share prices have fallen over 10 per cent in the last two sessions. According to stock market experts, there are a combination of reasons that worked against the telecom stocks at Dalal Street.
Wed, Sep 23, 2020
Stock Market Today: After the huge selloff in the mid-session, the Indian indices finally managed to recover from its intraday low but fiunally ended in the red zone after the closing bell today.
Vodafone Idea and Bharti Airtel have balance dues under AGR to the tune of Rs 54,754 crore and Rs 25,976 crore respectively.
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