Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
304.40
Change Change %
3.10 1.03%

Updated:15 Nov, 2018, 15:49 PM IST

BSE
303.80
Change Change %
2.55 0.85%

Updated:15 Nov, 2018, 15:46 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
27-07-2017 Hold 413.60 378.00
N/A
Target Hit Long (1Y)
27-07-2018

Edelweiss maintains hold on Bharti Airtel

Edelweiss has maintained hold on Bharti Airtel for target price of Rs 378. It expects sustained competitive intensity to accelerate consolidation in industry with emergence of fewer, but stronger players. Bharti remains aggressive in the market focusing on higher volume share to maintain leadership position. Decline in competitive intensity is pivotal for profitable growth and we would wait for subscriber addition and churn to plateau before turning positive on the sector.

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