BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Citi Maintains Buy on Bharti Infratel
Citi has maintained its buy call on Bharti Infratel for target price of Rs 510 per share. Citi says that data consumption should remain strong and Jio's launch will lead to higher usage. Citi adds that focus on better networks will lead to higher EBITDA. Citi prefers Bharti Infratel to Bharti Airtel as Bharti Infratel is a clean play on mobile data growth.