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Bharti Airtel

Industry Telecommunications

Code NSE: BHARTIARTL | BSE: 532454

Market Cap ₹ 231,288 Cr (USD 30.3 Bn)

1-year Return +31.7%

CMP First Reached Sep 2007

Date Added 5th April 2020

CM Framework Post-COVID New Normal

CMP ₹ 424

Recommendation Buy

Why we like this stock:

Likely to be part of a surviving duopoly after the AGR dust settles Only pure-play telecom services business model Promoter holding still healthy at 62.7%, down from 67% last year Last 3 quarters revenue have seen positive QoQ revenue growth

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