Bharti Airtel share price gains 4% post Q3 results. Do you own it?
1 month, 1 week ago

Bharti Airtel share price gains 4% post Q3 results. Do you own it?

Live Mint  

Stock Market Today: Bharti Airtel share price gained close to 4% in the morning trade on Friday, February 7 following the Q3 results announcement. Bharti Airtel Q3 Results Bharti Airtel helped by a one-time gain from Indus Towers becoming its subsidiary in November, recorded a huge profit beat, with a net profit of ₹14,760 crore for the quarter ended December 2024, up 483% from ₹2,530 crore a year earlier. As per analysts at JM Financial Institutional Securities, Bharti Airtel remains its high conviction BUY stock, with a one-year target price of ₹1,850 and a three-year target price of ₹2,400. JM Financial says that given the attractive long growth runway, they see Bharti delivering a three-year IRR of 14% based on our unchanged three-year target price of ₹2,400, implying 9.0 times FY29 EV/EBITDA and 22.8 time FY29 Price to earnings ratio.

Price Crore Bharti Bharti Airtel Airtel Jm Financial  airtel  q3  given  arpu  threeyear  bharti  results  gains  quarter  crore  net  financial  price  post  share

History of this topic

Airtel and Reliance lose early market gains from Starlink partnership after IT stocks drag markets down
1 week, 1 day ago

Airtel and Reliance lose early market gains from Starlink partnership after IT stocks drag markets down

Hindustan Times  

Shares of Bharti Airtel and Reliance Industries dipped into the red after rising earlier due to the overall market sentiment turning negative as the trading session for the day progressed. At 11:30 am IST, Bharti Airtel shares were down 0.84% or by ₹13.90, trading at ₹1,647.30, while Reliance Industries shares were trading at ₹1,247.10, which is down 0.02% or by …

Bharti Airtel share price rises 2% after company signs deal with Elon Musk’s SpaceX; Do you own?
1 week, 1 day ago

Bharti Airtel share price rises 2% after company signs deal with Elon Musk’s SpaceX; Do you own?

Live Mint  

Telecom giant Bharti Airtel's share price surged as much as 2 per cent on Wednesday's trading session after the company announced it has signed a partnership with Elon Musk's SpaceX to provide Starlink's high-speed internet services in India. Bharti Airtel- SpaceX deal The partnership aims to explore the availability of Starlink equipment in Airtel's retail stores, offer Starlink services to …

Airtel share price to be in focus on Wednesday after deal with Elon Musk’s SpaceX. Here’s what to expect
1 week, 2 days ago

Airtel share price to be in focus on Wednesday after deal with Elon Musk’s SpaceX. Here’s what to expect

Live Mint  

Bharti Airtel share price will likely hog the limelight in Wednesday's trading session after the telecom major announced today, March 11, that it has signed a deal with Elon Musk's SpaceX to bring Starlink's satellite internet to India. Airtel and SpaceX will explore offering Starlink equipment in Airtel’s retail stores and its services to Sunil Mittal-led firm's customers, while SpaceX …

Multibagger stock: Bharti Hexacom share price soars 136% in 11 months. Motilal Oswal stays bullish on stock; here’s why
1 week, 4 days ago

Multibagger stock: Bharti Hexacom share price soars 136% in 11 months. Motilal Oswal stays bullish on stock; here’s why

Live Mint  

Even though Bharti Hexacom share price has seen a solid gains of over 100 per cent since its listing in April 2024, brokerage firm Motilal Oswal Financial Services remains bullish about the stock due to the company's health growth prospects. Presence in under-penetrated circles offers a longer runway for growth The brokerage firm highlighted that "Hexacom’s circles account for nearly …

ICICI Bank, L&T to Bharti Airtel: BofA lists 12 stocks to buy for up to 40% gains
1 week, 6 days ago

ICICI Bank, L&T to Bharti Airtel: BofA lists 12 stocks to buy for up to 40% gains

Live Mint  

Bank of America Securities has projected that the Nifty 50 index could reach 25,000 by December 2025, highlighting its attractive valuations following recent corrections. BofA's 12 stock picks Bank of America Securities has identified 12 large-cap stocks that can offer significant upside potential, ranging from 11 percent to 40 percent. Bajaj Finance: BofA has set a price target of ₹9,350 …

Tata Play, Airtel Digital TV near merger: report
3 weeks, 2 days ago

Tata Play, Airtel Digital TV near merger: report

The Hindu  

Tata Group and Bharti Group are close to merging their satellite TV businesses, creating a nearly $1.6 billion entity with the aim of tiding over the sustained migration of subscribers to digital streaming, Economic Times reported on Tuesday. The merged entity is expected to be run by Bharti Airtel, which will likely hold between 52%-55% with the remaining held by …

Bharti Airtel share price dips over 2% despite strategic partnership with Apple
3 weeks, 3 days ago

Bharti Airtel share price dips over 2% despite strategic partnership with Apple

Live Mint  

Bharti Airtel share price declined over 2% on Monday amid stock market crash. Telecom major Bharti Airtel said it has entered into a strategic partnership with Apple to bring the Apple TV+ streaming services and Apple Music to Airtel customers. Additionally, postpaid customers on plans starting ₹999 will get access to Apple TV+ and can enjoy 6 months of free …

Indus Towers shares in focus on Monday after THIS Crisil ratings update; Stock down 6% in 30 days. Should you buy?
3 weeks, 5 days ago

Indus Towers shares in focus on Monday after THIS Crisil ratings update; Stock down 6% in 30 days. Should you buy?

Live Mint  

Bharti Airtel-owned Indus Towers Limited on Saturday, February 22, announced that the rating firm Crisil Ratings had upgraded its ratings for the long-term bank loan facilities and ₹1,750 crore bond rating to “Positive” from its earlier level of “Stable,” according to the exchange filing. “This is to inform that on February 21, 2025, CRISIL Ratings has revised the outlook on …

Bharti Airtel to ramp up stake in African arm by up to 5%. Check details here
3 weeks, 6 days ago

Bharti Airtel to ramp up stake in African arm by up to 5%. Check details here

Live Mint  

Indian telecom major Bharti Airtel Limited announced on Friday, February 21, that it has decided to increase its stakeholding by up to 5 per cent in the Airtel Africa business, according to an exchange filing. Bharti Airtel Share Price Bharti Airtel Ltd shares closed 0.41 per cent lower at ₹1,638.40 after Friday's stock market session, compared to ₹1,645.20 at the …

Telecom Q3 review: Airtel triumphs in Arpu battle, but Jio could win the war
1 month ago

Telecom Q3 review: Airtel triumphs in Arpu battle, but Jio could win the war

Live Mint  

Investors who wish to bet on India’s telecom sector have few pure-play options until Reliance Jio Infocomm is listed as a separate company. Meanwhile, Bharti Airtel Ltd’s Arpu of ₹245 in Q3 was way ahead of Jio’s ₹203. Consequently, the absolute revenue gain could be higher for Jio because of its larger mobile subscriber base of about 460 million versus …

Hindalco, Bharti Airtel and more: These 4 Nifty 50 companies post over 50% YoY rise in Q3 profits. Do you own any?
1 month ago

Hindalco, Bharti Airtel and more: These 4 Nifty 50 companies post over 50% YoY rise in Q3 profits. Do you own any?

Live Mint  

Q3 Earnings Review: Indian markets have been experiencing a downtrend over the past few months. SBI Life SBI Life Insurance posted a net profit of ₹550.82 crore in Q3FY25, reflecting a 71.2 per cent YoY increase from ₹321.75 crore in Q3FY24. Hindalco Hindalco Industries reported a consolidated net profit of ₹3,735 crore in Q3FY25, reflecting a 60 per cent YoY …

Bharti Airtel share price extends fall after block deal. Telecom stock down nearly 4% in three sessions
1 month ago

Bharti Airtel share price extends fall after block deal. Telecom stock down nearly 4% in three sessions

Live Mint  

Bharti Airtel share price declined over a percent on Wednesday, extending its fall for the third consecutive session, following a block deal in the shares of India’s second-largest telecom company. Bharti Airtel Block Deal Details Bharti Airtel block deal worth ₹8,485 crore took place at ₹1,660 per share, with ICIL as the seller. According to Nuvama Alternate Research report, approximately …

Bharti Airtel's promoter group entity sells stake worth ₹8,475 crore, main promoter buys 24% of sale
1 month ago

Bharti Airtel's promoter group entity sells stake worth ₹8,475 crore, main promoter buys 24% of sale

Hindustan Times  

A promoter group company of Bharti Airtel Ltd called Indian Continent Investment Ltd has sold ₹8,485.11 crore worth of its stake in the telecom provider on Tuesday, February 18, 2025. This amounts to 5.11 crore shares, which is 0.84% of ICIL's stake in Airtel, the company announced in its exchange filing. Bharti Telecom Ltd, the main promoter of Airtel, bought …

Bharti Airtel share price falls after promoter-group entity ICIL sells 0.84% stake worth ₹8,485 crore
1 month ago

Bharti Airtel share price falls after promoter-group entity ICIL sells 0.84% stake worth ₹8,485 crore

Live Mint  

Bharti Airtel share price fell over a per cent on Tuesday after the telecom company announced that its promoter-group entity Indian Continent Investment Limited sold a 0.84% stake in the company. In a stock exchange filing on February 18, Bharti Airtel said that ICIL sold a 0.84% stake, or 5.11 crore equity shares, in Airtel, through a market transaction, for …

Stocks to Watch: Vodafone Idea, Airtel, RVNL, Glenmark Pharma, BHEL, and more
1 month ago

Stocks to Watch: Vodafone Idea, Airtel, RVNL, Glenmark Pharma, BHEL, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Samvardhana Motherson: Samvardhana Motherson reported strong Q3 FY25 results, with net profit surging 62 percent year-on-year to ₹879 crore, driven by steady revenue growth and improved operational efficiency. RVNL: State-owned Rail Vikas Nigam Ltd reported a 13.1 percent YoY decline in net profit at ₹311.6 crore …

Airtel to steer clear of GPU-as-a-service for now, focus on data centre business
1 month, 1 week ago

Airtel to steer clear of GPU-as-a-service for now, focus on data centre business

Live Mint  

India's second-largest telecom services provider Bharti Airtel will steer clear of offering graphics processing unit or GPU-as-a-service in the near term and, instead, look at scaling up its data centres, vice-chairman and managing director Gopal Vittal said in the third-quarter earnings call on Friday. FWA rollout on standby as 5G drives capex Vittal said that Airtel was set to launch …

Bharti Airtel के दमदार Q3 नतीजे, ARPU बढ़कर ₹245 हुआ, एक्सपर्ट्स ने दी ’BUY’ रेटिंग
1 month, 1 week ago

Bharti Airtel के दमदार Q3 नतीजे, ARPU बढ़कर ₹245 हुआ, एक्सपर्ट्स ने दी ’BUY’ रेटिंग

Live Mint  

Stock Market Today: Bharti Airtel के तीसरी तिमाही के नतीजे घोषित होने के बाद 7 फरवरी, शुक्रवार को इसके शेयरों में लगभग 4% की तेजी देखी गई। कंपनी ने इस तिमाही में ₹14,760 करोड़ का नेट प्रॉफिट दर्ज किया, जो पिछले साल के ₹2,530 करोड़ की तुलना में 483% अधिक है। Indus Towers के सब्सिडियरी बनने से कंपनी को एकमुश्त …

Indus Towers shares in focus after acquisition of Bharti Airtel, Bharti Hexacom assets worth ₹3,308 crore
1 month, 1 week ago

Indus Towers shares in focus after acquisition of Bharti Airtel, Bharti Hexacom assets worth ₹3,308 crore

Live Mint  

Indus Towers share price will be in focus on Friday after acquisition of Bharti Airtel, Bharti Hexacom assets worth ₹3,308 crore. Telecom infrastructure firm Indus Towers on Thursday announced the acquisition of mobile sites of its parent firm Bharti Airtel and sister concern Bharti Hexacom for ₹3,308.7 crore, by way of slump sale. “The Board of Directors.have today, approved the …

Further tariff repair is needed for the telecom industry; ARPU in India continues to be the lowest globally: Gopal Vittal
1 month, 1 week ago

Further tariff repair is needed for the telecom industry; ARPU in India continues to be the lowest globally: Gopal Vittal

New Indian Express  

NEW DELHI: Bharti Airtel hinted at another tariff hike on Friday, citing the lowest ARPU for telecom service providers in India. Gopal Vittal, Vice Chairman and Managing Director of Bharti Airtel, said during the third-quarter investor call that further tariff repair is necessary for the industry to achieve financial stability. Bharti Airtel, India's second-largest telecom service provider, reported a more …

Bharti Airtel Q3 Results: Profit up 483% to ₹14,760 cr on Indus consolidation
1 month, 2 weeks ago

Bharti Airtel Q3 Results: Profit up 483% to ₹14,760 cr on Indus consolidation

Live Mint  

Bharti Airtel Q3 Results: India's second largest carrier Bharti Airtel Ltd beat estimates with a profit of ₹14,760 crore for the quarter ended December, up 483% from ₹2,530 crore a year earlier, due to a one-time gain from Indus Towers becoming its subsidiary in November. In a separate announcement, Indus Towers said Thursday that it was acquiring 16,100 towers, ultra …

Bharat Dynamic Q3 Results: Net profit rises 9% to ₹147 crore; revenue up 38% YoY; declares dividend of ₹4 per share
1 month, 2 weeks ago

Bharat Dynamic Q3 Results: Net profit rises 9% to ₹147 crore; revenue up 38% YoY; declares dividend of ₹4 per share

Live Mint  

Bharat Dynamic Q3 Results: Bharat Dynamics Ltd, the state-run defence manufacturing company, reported a net profit of ₹147.12 crore in the third quarter of FY25, recording a growth of 9% from ₹135.03 crore in the year-ago period. Bharat Dynamics Dividend The PSU defence company also announced an interim dividend of ₹4 per share. The Board of Directors of Bharat Dynamics …

Bajaj Finance shares jump over 3% after strategic partnership with Bharti Airtel
2 months ago

Bajaj Finance shares jump over 3% after strategic partnership with Bharti Airtel

Live Mint  

Bajaj Finance share price surged by 3.6%, hovering around its all-time high after Bharti Airtel, a leading telecom company, announced a strategic collaboration with the private-sector Non-Banking Financial Company Bajaj Finance on Monday. The firm mentioned in an exchange filing that this unique partnership combines Airtel’s extensive customer base of 375 million, a robust distribution network of over 1.2 million, …

Wipro share price jumps over 8% as Indian IT giant reports 24% YoY rise in net profit in Q3 results 2025
2 months ago

Wipro share price jumps over 8% as Indian IT giant reports 24% YoY rise in net profit in Q3 results 2025

Live Mint  

Wipro share price jumped over 8% on Monday's session after the IT giant's strong Q3 Results. Wipro on Friday reported an 24.5% year-on-year rise in its consolidated net profit for the fiscal's third quarter ended December to ₹3,353.8 crore. Wipro share price today Wipro share price today opened at ₹300 apiece on the BSE, the stock touched an intraday high …

Telecom Q3 results preview: Another healthy quarter likely led by residual flow-through tariff hike
2 months, 1 week ago

Telecom Q3 results preview: Another healthy quarter likely led by residual flow-through tariff hike

Live Mint  

Telecom Q3FY25 Results Preview: Telecom companies are expected to report firm revenue and EBITDA growth for the third quarter of the financial year 2024-25, suggests brokerages. Domestic brokerage JM Financial, in its latest note, forecasts Jio, Bharti Airtel, Bharti Hexacom, and Vodafone Idea to achieve EBITDA growth of 4-6% QoQ, driven by the continued pass-through of the tariff hike to …

Stocks to buy or sell: Osho Krishan of Angel One suggests buying Bharti Airtel, RIL today - 9 January 2025
2 months, 1 week ago

Stocks to buy or sell: Osho Krishan of Angel One suggests buying Bharti Airtel, RIL today - 9 January 2025

Live Mint  

Stock Market News: The domestic benchmark indices, Sensex and Nifty 50, fell in early trading on Thursday due to ongoing outflows from foreign funds, as investors remained cautious ahead of the upcoming earnings season. Nifty 50 Outlook by Osho Krishan, Sr. Analyst, Technical & Derivatives, Angel One The decline in mid-cap and small-cap stocks negatively affected overall market sentiment, causing …

Stocks to buy: Infosys, TCS, Zomato, Bharti Airtel, among Bernstein’s top stock picks for 2025
2 months, 1 week ago

Stocks to buy: Infosys, TCS, Zomato, Bharti Airtel, among Bernstein’s top stock picks for 2025

Live Mint  

Stocks to buy: Global brokerage firm Bernstein has announced its top stock recommendations for 2025 emphasizing the importance of a ‘stick to the winners’ approach. Considering the growth opportunities in IT, media, and telecom, Bernstein’s top stock picks include Infosys, Tata Consultancy Services, Coforge, Persistent Systems, Zomato, and Bharti Airtel. Here are the top stock picks for 2025 by Bernstein: …

Airtel clears 2016 spectrum dues, prepays 3,626 crore to Centre
3 months ago

Airtel clears 2016 spectrum dues, prepays 3,626 crore to Centre

Hindustan Times  

Bharti Airtel has prepaid ₹3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, PTI quoted the company statement on Thursday. Bharti Airtel has made an early payment of 36.26 billion rupees to the Indian government) "Bharti Airtel has prepaid ₹3,626 crore to the Department of Telecom clearing all its liabilities …

Bharti Airtel Clears Spectrum Dues with Rs 3,626 Cr Prepayment
3 months ago

Bharti Airtel Clears Spectrum Dues with Rs 3,626 Cr Prepayment

Deccan Chronicle  

Bharti Airtel on Thursday said it prepaid Rs 3,626 crore to the department of telecom to clear all its liabilities for spectrum it had acquired in 2016. “Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom clearing all its liabilities for spectrum it had acquired in 2016. In June, the Sunil Mittal-promoted telecom operator also prepaid all …

Bharti Airtel signs 'multi-billion' dollar 4G, 5G equipment deal with Ericsson
3 months, 2 weeks ago

Bharti Airtel signs 'multi-billion' dollar 4G, 5G equipment deal with Ericsson

India Today  

India's Bharti Airtel on Wednesday signed a "multi-billion" dollar deal with Swedish telecom equipment maker Ericsson ERICb.ST to boost its 4G and 5G coverage in the world's second-largest smartphone market. Demand from India's 5G market started to skyrocket in 2023, as Bharti Airtel and Jio, the telecom unit of Reliance Industries, started to scale up 5G services. Ericsson, Bharti Airtel's …

Sensex, Nifty end higher as heavyweight stocks gain; Q2 GDP data in focus
3 months, 2 weeks ago

Sensex, Nifty end higher as heavyweight stocks gain; Q2 GDP data in focus

India Today  

Benchmark stock market indices ended the trading session on a positive note, driven by gains in heavyweight Reliance Industries Limited, Bharti Airtel and drugmakers like Cipla and Sun Pharma. The top five gainers on the Nifty50 were Bharti Airtel, Sun Pharma, Cipla, M&M and Tata Consumer Products. "Additionally, the anticipated slowdown in India's Q2 GDP to 6.5% has already been …

Bharti Global completes acquisition of 24.5% of BT Group from Altice UK
4 months ago

Bharti Global completes acquisition of 24.5% of BT Group from Altice UK

The Hindu  

Bharti Global, the international investment arm of Bharti Enterprises, has completed the acquisition of 24.5% of the issued share capital of BT Group plc from Altice UK. In a statement, Sunil Bharti Mittal, Chair of Bharti Enterprises said Bharti has long recognised the enormous potential of the business, as the telecom stalwart expressed his delight at completion of the transaction. …

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY
Trending News
4 months ago

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY

Live Mint  

Bharat Dynamics on Thursday posted a net profit of ₹122.53 crore for the quarter ended September 2024, recording a fall of 16.7% from ₹147.09 crore in the year-ago period. Operating performance of Bharat Dynamics weakened during the September quarter as earnings before interest, tax, depreciation and amortization decreased 26.2% to ₹99 crore from ₹134 crore, while EBITDA margin narrowed to …

Bharat Electronics Share Price Today on 13-11-2024: Bharat Electronics share price are down by -3.03%, Nifty down by -1.36%
4 months, 1 week ago

Bharat Electronics Share Price Today on 13-11-2024: Bharat Electronics share price are down by -3.03%, Nifty down by -1.36%

Live Mint  

Bharat Electronics Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Bharat Electronics shares are trading at price ₹281.45, -3.03% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Bharti Airtel Share Price Today on 05-11-2024: Bharti Airtel share price are down by -0.8%, Nifty up by 0.91%
4 months, 2 weeks ago

Bharti Airtel Share Price Today on 05-11-2024: Bharti Airtel share price are down by -0.8%, Nifty up by 0.91%

Live Mint  

Bharti Airtel Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Bharti Airtel shares are trading at price ₹1578.85, -0.8% down from the previous closing price. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at …

Sunil Mittal’s Bharti Telecom plans to raise about ₹8,500 crore in rupee bond market
4 months, 2 weeks ago

Sunil Mittal’s Bharti Telecom plans to raise about ₹8,500 crore in rupee bond market

Live Mint  

Bharti Telecom Ltd., owned by billionaire Sunil Bharti Mittal, is planning to raise about 85 billion rupees in the local-currency bond market, according to people familiar with the matter. If successful, it will be Bharti Telecom’s largest-ever rupee issuance, according to data compiled by Bloomberg. The borrowing is coming days after India’s second-largest wireless carrier Bharti Airtel Ltd., in which …

Bharti Airtel's Price on the Rise, but Nifty Shows Caution
4 months, 2 weeks ago

Bharti Airtel's Price on the Rise, but Nifty Shows Caution

Live Mint  

Bharti Airtel share price is up by 0.65% today, trading at ₹1647.55. The stock has hit a high of ₹1651.5 and a low of ₹1618 during the day. On the technical front, the stock is trading above the 50,100,300 days SMA & lower than the 5,10,20 day SMA. The company has a ROE of 9.36% & ROA of 1.92% respectively. …

Stocks to Watch: A Roundup of Potential Gains in the Market
4 months, 2 weeks ago

Stocks to Watch: A Roundup of Potential Gains in the Market

Live Mint  

The article focuses on a range of stocks with diverse industries, highlighting potential gains in the market. While some companies like Bharti Airtel, Adani Power, and Tata Technologies witnessed significant increases in their respective profits, others like BHEL and Indian Oil Corporation reported substantial declines. Conversely, companies like CarTrade Technologies and Federal Bank experienced substantial growth in their net profits.

Bharti Enterprises to pick up 24.5% stake in UK’s British Telecom Group
7 months, 1 week ago

Bharti Enterprises to pick up 24.5% stake in UK’s British Telecom Group

Live Mint  

Bharti Enterprises, led by billionaire Sunil Bharti Mittal, will buy a 24.5% stake in British Telecom Group Plc, the UK's largest mobile and broadband services provider, the companies said in a statement Monday. Bharti Televentures UK Ltd, a wholly owned subsidiary of Bharti Enterprises’s international investment arm Bharti Global, will buy the equity from telecom services provider Altice UK, which …

Bharti Enterprises Picks Up Altice UK's 24.5% Stake In BT Group; Details
7 months, 1 week ago

Bharti Enterprises Picks Up Altice UK's 24.5% Stake In BT Group; Details

News 18  

Bharti Enterprises has agreed to buy around 24.5 per cent stake in BT Group from the British telecommunication firm’s top shareholder, Altice UK, the company said in a stock exchange filing on Monday. “We welcome investors who recognise the long-term value of our business, and this scale of investment from Bharti Global is a great vote of confidence in the …

Airtel profit more than doubles to Rs 4,160 crore in Q1
7 months, 2 weeks ago

Airtel profit more than doubles to Rs 4,160 crore in Q1

New Indian Express  

NEW DELHI: Bharti Airtel, country’s second-largest telecom service provider, reported a record profit of Rs 4,160 crore for the first quarter ended June 30, 2024. The company’s net profit was Rs 1,612.5 crore in the same period last year In contrast, Bharti Airtel’s consolidated net profit was at Rs 2,068.2 crore for the previous quarter ending March 2024. The company’s …

Stocks to buy: ICICI Bank, SBI, HDFC Bank, Bharti Airtel among Axis Securities’ nine top largecap stock picks for August
7 months, 2 weeks ago

Stocks to buy: ICICI Bank, SBI, HDFC Bank, Bharti Airtel among Axis Securities’ nine top largecap stock picks for August

Live Mint  

Indian stock market benchmark indices, Sensex and Nifty 50, declined around 1% each on Friday tracking weak global market cues. Hence, bottom-up stock picking with a focus on ‘growth at a reasonable price’ and ‘Quality’ would be keys to generating satisfactory returns in the next one year,” Axis Securities said in a report. Here’s are Axis Securities’ top largecap stocks …

Indus Towers board to consider share buyback proposal on July 30
7 months, 3 weeks ago

Indus Towers board to consider share buyback proposal on July 30

Live Mint  

Indus Towers on Thursday announced that the board of directors of the company will consider a proposal for the buyback of its equity shares on July 30. According to the regulations, the trading window for dealing in Indus Towers shares shall remain closed for all Designated Persons of the company and their immediate relatives till Thursday, August 01, 2024, in …

After Rel Jio, Bharti Airtel, Vi hike mobile tariffs by upto 24%
8 months, 2 weeks ago

After Rel Jio, Bharti Airtel, Vi hike mobile tariffs by upto 24%

Deccan Chronicle  

New Delhi : After Reliance Jio, Bharti Airtel and Vodafone Idea on Friday announced that the companies would hike its mobile tariff to 11-21 per cent and 11-24 per cent respectively in both the prepaid and postpaid services across the country. As per the different plans for the telco, the rate of daily data add-on will see an increase by …

Bharti Airtel raises prices after Reliance Jio hikes: These are the new prices
8 months, 2 weeks ago

Bharti Airtel raises prices after Reliance Jio hikes: These are the new prices

Hindustan Times  

Bharti Airtel, India’s second-biggest phone carrier, said it would raise prices of its mobile plans. The price hike on an average is an increase of less than 70 paise per day for Airtel’s base plans, the company said in its stock exchange statement. Airtel's price hikes come after Jio, India's largest telecom operator, announced a 12-27% hike in mobile tariffs …

Bharti Airtel announces 10-21 per cent hike in mobile tariffs from July 3
8 months, 2 weeks ago

Bharti Airtel announces 10-21 per cent hike in mobile tariffs from July 3

New Indian Express  

NEW DELHI: Bharti Airtel on Friday announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase in rates. "We have ensured that there is a very modest price increase on entry-level plans, to eliminate any burden on budget challenged consumers," the Sunil Mittal-led telecom firm said announcing the revision in mobile …

After Reliance Jio, Bharti Airtel announces tariff hike for its prepaid and postpaid plans
8 months, 2 weeks ago

After Reliance Jio, Bharti Airtel announces tariff hike for its prepaid and postpaid plans

New Indian Express  

NEW DELHI: A day after Reliance Jio announced a tariff hike for its prepaid and postpaid plans, Bharti Airtel, India's second-largest telecom service provider, followed suit and announced a tariff hike of up to 21% for all its prepaid and postpaid plans. “Bharti Airtel has maintained that the mobile Average Revenue per User needs to be upwards of Rs. We …

₹4/Share Dividend: Airtel-backed telecom major declares final dividend in first earnings post IPO launch
10 months ago

₹4/Share Dividend: Airtel-backed telecom major declares final dividend in first earnings post IPO launch

Live Mint  

Bharti Hexacom Q4 Results: Bharti Hexacom announced its January-March quarter results for fiscal 2023-24 in its first earnings report after its initial public offering launch in April and also the board recommended a final dividend for the fiscal ended March 31, 2024. on Tuesday, May 14. India's leading telecom giant Bharti Airtel acquired a 70 per cent stake in 2004 …

Airtel to buy Vodafone UK's stake in Indus Towers? 'Not in any discussion'
10 months, 3 weeks ago

Airtel to buy Vodafone UK's stake in Indus Towers? 'Not in any discussion'

Hindustan Times  

Bharti Airtel said that it is "not in any discussion" to buy Vodafone UK's stake in Indus Towers. This comes after it was reported that Bharti Airtel is in talks to buy UK-based Vodafone Group's 21.05% stake in Indus Towers. The Economic Times reported that discussions were stalled over valuation as Airtel was not willing to buy the stake at …

Bharti Hexacom share price gains 7% as Jefferies initiates coverage and sees 19% upside: 4 Key reasons
11 months ago

Bharti Hexacom share price gains 7% as Jefferies initiates coverage and sees 19% upside: 4 Key reasons

Live Mint  

Stock Market Today: Bharti Hexacom share price gained almost 7% in morning trades on Tuesday. Jefferies India Pvt Ltd has initiated coverage on Bharti Hexacom with a buy rating and target price of ₹1080 for Bhart Hexacom indicating another more than 19% gains. 4 Key reasons why Jefferies expects 19% more gains Among 4 key reasons for more gains for …

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