BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Macquarie maintains outperform on Bharti Infratel
Bharti Infratel is an attractive play on India's data growth. The company is well placed to ride India's data boom. We forecast free-cash-flow CAGR of 11 per cent over FY16-19. Current valuation is attractive at 10.5 times FY18 estimated EV/EBITDA.