BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Nomura maintains buy on Bharti Infratel
Target price reduced from Rs 480 to Rs 460. Second quarter earnings broadly in-line with estimates. Positive structural trends continue for Bharti Infratel driven by telcos' high capex and tower leasing, while robust balance sheet and cash flows continue to add to the appeal.