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.
Sun, Sep 26, 2021
A right is issued by a company to its shareholders on a pre-determined date called the record date. Rights entitlements are offered to shareholders as a ratio to the number of securities held on this record date. A shareholder may refuse to subscribe to the rights issue and just let the 'right' lapse. Alternatively, the shareholder can renounce/trade the entitlement in favour of another person for a price
Thu, Sep 23, 2021
The Special Committee of Directors for Rights Issue ('Committee'), at its meeting, has approved the record, opening and closing date of the Bharti Airtel Right Issue.
Sun, Sep 19, 2021
The reforms send out a strong message to the global community, and are expected to bolster confidence of investors and lenders in the telecom sector, Peeyush Vaish, Partner and Telecom Sector Leader, Deloitte India said
"In Pune city, Vi has deployed its 5G trial in a lab set-up of an end-to-end captive network of Cloud Core, new generation Transport and Radio Access Network
Thu, Sep 16, 2021
Mentioning that the government’s breather to telecom sector indeed relieving, Zee Business Managing Editor and the Market Guru Anil Singhvi says, the pressure on balance sheet and pricing power would uplift the industry and would push the space for a re-rating.
As the government announces AGR breather and some other measures for the telecom sector, the majority of the brokerages are bullish on the sector, especially for Vodafone Idea and Bharti Airtel. As per them, the former would get a chance of revival and opportunity of growth for the latter.
Wed, Sep 15, 2021
As the government on Wednesday announced a breather to the telecom sector, the shares of Bharti Airtel and cash-strapped Vodafone Idea ended on a higher note. The former jumped over 4.5 per cent to Rs 725.55 per share, while the latter grew almost 3 per cent to Rs 8.93 per cent on the BSE.
The counter for the first time ever has breached Rs 700 per share levels and soared almost 37 per cent since July 20, 2021.
Mon, Sep 13, 2021
Top Gainers on the 30-share BSE Sensex were TCS, Maruti Suzuki, Bharti Airtel, HDFC and Kotak Mahindra Bank. The top 5 losers were Reliance Industries (RIL shares), ICICI Bank, Mahindra & Mahindra, HDFC Bank and Hindustan Unilever. Out of the 3o stocks, 13 were trading in the Green while remaining 17 were in the red around this time
Wed, Sep 08, 2021
The telecom companies stock mainly Bharti Airtel and Vodafone Idea are on roll, as the former hit new life high to Rs 684 per share, while the latter surged by 7.5 per cent to Rs 8.9 per share on the BSE intraday trade on Wednesday, ahead of Cabinet meeting scheduled today.
Tue, Sep 07, 2021
Stocks to Buy – RIL, Bharti Airtel, Asian Paints, Tata Consumer – Analyst Nilesh Jain, Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking, was bullish on the aforesaid stocks. The stocks were among the top gainers on the Nifty 50 on the intraday basis. The stocks are expected to do well in the September series as markets gain from strength-to-strength
Tue, Aug 31, 2021
On the back of positive development around the company, the shares of Bharti Airtel touched a fresh record high of Rs 667.95 per share after surging by almost 8 per cent on the BSE intraday trade on Tuesday. The stock has surpassed its previous high of Rs 644 touched on August 16, 2021.
Surging for the straight third session, the shares of Bharti Airtel jumped 3 per cent to Rs 639.25 per share on the BSE intraday trade on Tuesday. This rally is mostly due to the company’s Chairman Sunil Bharti Mittal’s future plans and big announcements during the analyst call on Monday.
Mon, Aug 30, 2021
In the conference call of Bharti Airtel, the company’s chairman Sunil Bharti Mittal made some big announcements with respect to ARPU (average revenue per user), monetisation, and tariff hike, Zee Business Senior Research Analyst Khushal Gupta decodes on Monday.
The telecom heavyweight Bharti Airtel’s shares jumped over 5 per cent to Rs 624 per share on the BSE intraday trade on Monday, as the company’s board on Monday approved the fundraising plan of Rs 21,000 crore through the rights issue.
Brokerages are bullish on Bharti Airtel shares after the company board on Sunday approved the Rs 21,000 cr fundraising plan.
Sun, Aug 29, 2021
In a BSE filing, Airtel said that the "board approved the issuance of equity shares of face value of Rs 5 each of the company on rights basis to eligible equity shareholders of the company as on the record date (to be notified later), of an issue size of up to Rs 21,000 crores"
Thu, Aug 26, 2021
Dragging the Nifty Index most, the shares of Bharti Airtel slumped 3.5 per cent at Rs 591.2 per share (day’s low) on the BSE intraday trade on Thursday, a day after the telecom firm announced a fundraising plan through various options.
Bharti Airtel, India’s second-largest telecom company, is mulling to raise capital through various sources and has intimated the same through a filing to exchanges.
Wed, Aug 25, 2021
TOP HEADLINES TODAY – The US Markets witnessed good momentum on the third consecutive day on Tuesday as S&P and Nasdaq made new highs. Meanwhile, Dow traded in a range and ended up 30 points from the last closing.
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