Buy Bharti Infratel, target Rs 285: Kunal Bothra
Buy Bharti Infratel Ltd. at a price target of Rs 285.0 and a stoploss at Rs 270 from entry point.
Bharti Infratel Ltd. key Products/Revenue Segments include Income from Infrastructure Activity which contributed Rs 6618.00 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 31-03-2019, the company has reported a Consolidated sales of Rs 1675.80 Crore, down -3.31 % from last quarter Sales of Rs 1733.20 Crore and up .18 % from last year same quarter Sales of Rs 1672.80 Crore Company has reported net profit after tax of Rs 343.70 Crore in latest quarter. The company’s top management includes Mr.Akhil Gupta, Mr.Bharat Sumant Raut, Mr.D S Rawat, Mr.Jitender Balakrishnan, Mr.N Kumar, Mr.Prakul Kaushiva, Mr.R P Singh, Mr.Rajan Bharti Mittal, Mr.Tan Yong Choo, Ms.Anita Kapur, Ms.Leena Srivastava. Company has Deloitte Haskins & Sells LLP as its auditoRs As on 31-03-2019, the company has a total of 1,849,608,246 shares outstanding.