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Buy Bharti Airtel, target price Rs 1,880: Axis Securities

Buy Bharti Airtel, target price Rs 1,880: Axis Securities

Axis Securities has a buy call on Bharti Airtel Ltd. with a target price of Rs 1880. The current market price of Bharti Airtel is Rs 1581.65. The company, incorporated in 1995, is a Large Cap company with a market cap of Rs 964573.01 crore, operating in the Telecommunications sector.

Bharti Airtel’s key products/revenue segments include Service Revenue and Sale of Products for the year ending 31-Mar-2024.

Financials
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 41728.00 crore, up 7.35% from last quarter Total Income of Rs 38869.90 crore and up 11.65% from last year same quarter Total Income of Rs 37374.20 crore. The company has reported net profit after tax of Rs 3079.50 crore in latest…

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