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.
Mon, Dec 06, 2021
Zee Business' Senior Research Analyst, Deepanshu Bhandari, spoke to Sanjiv Bhasin, Director-IIFL Securities Ltd, to understand the market mood and his stock recommendations.
Mon, Nov 29, 2021
The global brokerage firm Goldman Sachs is bullish on the segment, especially on Bharti Airtel and Reliance Jio.
The announcement by Reliance Jio comes a few days after Vodafone Idea and Bharti Airtel announced a hike in their respective prepaid tariffs.
Sat, Nov 27, 2021
Airtel has withdrawn certain data benefit coupons it was offering through its app on some of the prepaid plans, a move it said will help "avoid any confusion" among consumers about the offerings and comparisons between various plans.
Thu, Nov 25, 2021
Fitch has also affirmed Bharti Airtel International (Netherlands) BV's senior unsecured guaranteed bonds at 'BBB-' and Network i2i Limited's subordinated perpetual bond at 'BB'
Wed, Nov 24, 2021
The counter has jumped around 9 per cent in the last three sessions post the announcement of tariff hike by 20-25 per cent in a range of services effective November 26, 2021. Besides, the scrip has zoomed around 50 per cent in the last 6 months against a 16 per cent rise in the S&P BSE Sensex
Tue, Nov 23, 2021
Global rating agency Moody's Investors Service has revised the outlook to positive from stable for Bharti Airtel and its subsidiary Bharti Airtel Int'l (Netherlands) B.V, the agency said in a statement on Tuesday.
Telecom operator Bharti Airtel announced a 20-25 per cent tariff hike on Monday for various prepaid offering, including tariffed voice plans, unlimited voice bundles, and data top-ups.
Wed, Nov 03, 2021
Global brokerage firms such as CLSA, Jefferies, and Goldman Sachs raised their respective 12-month target price on Bharti Airtel post Q2 results.
Tue, Nov 02, 2021
Bharti Airtel Q2FY22 Earnings Results – Bharti Airtel Limited today reported a consolidated net profit of Rs 1134 cr for the quarter ended 30 September 2021 versus the loss of Rs 763.2 cr during the same quarter in FY22. The Profit After Tax (PAT) was down 60 per cent sequentially.
Mon, Nov 01, 2021
The Indian market snapped 3-day massive sell-off to eventually end positive on Monday, as Sensex surged over 831 points and Nifty closed above 17900-level.
Thu, Oct 21, 2021
Bharti Airtel’s rights issue closed for subscription today, the company informed in an exchange filing. The rights issue has been subscribed by approximately 1.44 times, overbid by both public and promoter/ promoter group, the exchange filing further said. This is based on preliminary information received by the company, it said
Mon, Oct 11, 2021
The Department of Telecommunications (DoT) had recently issued demand notices to both the telcos to pay cumulative Rs 3,050 crore in penalties in three weeks' time for violating norms by denying Reliance Jio points of interconnect (PoIs) way back in 2016
Wed, Oct 06, 2021
A hedge fund company Blackrock India Equities Fund (Mauritius) Limited sold over 25.5 lakh equity shares in Bharti Airtel Limited-RE (Rights Entitlement) at Rs 207.67 per share on the BSE, as per bulk deals data on Wednesday.
Tue, Oct 05, 2021
At least dozens of companies’ shares changed hands during Tuesday’s trading sessions. In this highest of all Reliance Mutual Fund bought 20 lakh equity shares in Bharti Airtel Limited – RE (Rights Entitlement) at Rs 204.95 per share on the NSE, as per the bulk deals data.
The demonstration took place in Bhaipur Bramanan village on the outskirts of Delhi-NCR using 5G trial spectrum allocated to Airtel by the Department of Telecom.
Tue, Sep 28, 2021
The credit rating agency reaffirmed the A1+ rating on the commercial paper programme of Bharti Airtel and withdrawn its rating on Rs 1,500 crore non-convertible debentures (NCDs) of the company, as they have been fully repaid
Dragging the markets most on Tuesday, the shares of Bharti Airtel declined by 4.5 per cent to hit a day’s low level at Rs 690 per share on the BSE intraday trade today. This comes on the Bharti Airtel rights issue record date.
Market expert and Senior Research Analyst at CapitalVia Global Research Likhita Chepa has suggested investors, seeking capital appreciation, to subscribe Bharti Airtel’s Right issue, whose record date is scheduled today.
Mon, Sep 27, 2021
Bharti Airtel’s special committee of directors on September 22, 2021, has approved the record, opening, and closing date of the Right Issue.
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