Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 286880.48 Crore) operating in Telecommunications sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 26567 Crore, up 2.44 % from last quarter Total Income of Rs 25933.90 Crore and up 20.64 % from last year same quarter Total Income of Rs 22021.60 Crore. Company reported net profit after tax of Rs 1570.70 Crore in latest quarter.
Investment Rationale
Reversal formation from a double bottom chart pattern with good accumulation near support zone makes it a favorable risk and reward candidate.
Promoter/FII Holdings
Promoters held 56.2 per cent stake in the company as of Dec 31, 2020, while FIIs held 17.8 per cent, DIIs 21.8 per cent and public & others 4.2 per cent.
