Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 324742.05 Crore) operating in Telecommunications sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 25785.00 Crore, up 7.71 % from last quarter Sales of Rs 23938.70 Crore and up 22.02 % from last year same quarter Sales of Rs 21131.30 Crore Company reported net profit after tax of Rs 8.40 Crore in latest quarter.
Investment Rationale
It is trending upward along with a huge surge in volume and a positive new-flow. The strategy should be to buy the same at every minor decline.
Promoter/FII Holdings
Promoters held 56.2 per cent stake in the company as of June 30, 2020, while FIIs held 20.5 per cent, DIIs 18 per cent and public and others 5.3 per cent
