Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 295009.26 Crore) operating in Telecommunications sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 26567.00 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
The recent structure shows a series of ascending tops and bottoms. Any sustenance above the Rs 540 mark could lift the stock towards Rs 560.
Promoter/FII Holdings
Promoters held 56.2 per cent stake in the company as of Dec 30, 2020, while FIIs held 19.8 per cent, DIIs 19.8 per cent and public and others 4.2 per cent.
