Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 380762.25 Crore) operating in Telecommunications sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 27063.40 Crore, up 4.77 % from last quarter Total Income of Rs 25831.20 Crore and up 10.83 % from last year same quarter Total Income of Rs 24419.20 Crore. Company reported net profit after tax of Rs 1436.10 Crore in latest quarter.
Investment Rationale
Resolute breakout above a bullish cup & handle pattern and MACD in buy mode
Promoter/FII Holdings
Promoters held 55.9 per cent stake in the company as of June 30, 2021, while FIIs held 18.6 per cent, DIIs 20.4 per cent and public and others 5.2 per cent.
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