- 09:20 AM Nifty close to intermediate high: Udayan
- 09:10 AM The bank executive who chose to finance the poor
- 09:07 AM Oil, global stocks surge on upbeat economic data
- 09:01 AM Stock picking will become important in 2010: Morga...
- 09:01 AM Rupee opens at Rs 46.57 per dollar
- 09:00 AM MIAL to levy 10% on airline caterers' turnover fro...
- 09:00 AM Buy on any dip in Asia: ING Financial Markets
- 08:58 AM Nifty open interest PCR rises to 1.65 vs 1.57
- 08:57 AM IOC buys 4 mn bbls Jan Angolan crude; seeks more
- 08:57 AM India ties solar plans to global climate support



Asit C. Mehta has maintained its buy rating on Bharti Airtel with a target price of Rs 1010 in its July 31, 2008 research report. "During the quarter ended June 2008, the revenues increased by 44.8% to Rs 85060 million. The operating profit during Q1FY09 was up by 44.6% at Rs 34685.2 million. The Operating Profit Margin (OPM) have been flat at 40.8% in Q1FY09.This is mainly due higher network operating cost due to higher fuel and electricity cost. Net Profit grew by 52% YoY to Rs 21666.7 million. Despite decline in interest income (from Rs 2649 million to Rs 945 million), profit growth was higher on account of lower tax expenses."
"Despite increasing competition and the regulatory policies we believe that with strong earning visibility and excellent execution record, Bharti will continue to be the market leader with 25% market share by the end of FY10. Accordingly, we continue to maintain BUY on “Bharti Airtel Ltd” with a price target of Rs 1010," says Asit C. Mehta's research report.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
For further details click on attachment......
Attachments : Bharti Airtel Ltd-Result Update.pdf |
|
Stock Advice
|
|
|
Business
Business News | Economy | Earnings | BSE NSE Notices
General News
Current Affairs | Politics | World News | Sports | Entertainment
Corporate Strategy
Management | Advertising | Marketing | Legal
Personal Finance
Tax | Insurance | Credit Cards | Loans | Property | Retirement | Investment Help | Financial Planning | Fixed Income
Markets
Local Market | Global Market | Market Cues | Analysis | Expert & FII outlook | Brokerage Recomendation
Stocks
Stocks in News | Expert Advice | ADRs & GDRs | IPO
Mutual Funds
News | Advice | MF Analysis | Fund Managers Views
Lifestyle
Travel | Wellness | Technology | Auto| Books
-
Most Read
-
Most Viewed
- 10 Companies that FIIs love
- Experts see mkts at new highs, advise sectors

- Corrections in '10 to be more aggressive, violent: JPMorgan

- Trading in MF units to start in 15 days: SEBI

- 10 companies that MF managers love
- Bollywood actress Shilpa Shetty marries Raj Kundra
- Mahindra arm to bid for $3.5 bn defence deals
- Ignore Buffett, gold`s time has come
- Nifty close to intermediate high: Udayan
Source: CNBC-TV18
- Stock picking will become important in 2010: Morgan Stanley
Source: CNBC-TV18
- Rupee opens at Rs 46.57 per dollar
Source: CNBC-TV18
- MIAL to levy 10% on airline caterers' turnover from Nov 1
Source: CNBC-TV18
- China`s Haitong Securities buys Hong Kong rival
Source: ft.com
- KSIDC in pact with FACT for trade centre
Source: Business Line
- GIC Re may have to pay Rs100cr for IOC's Jaipur fire claims
Source: Business Line
- Co-operative dairies seek restraint on oil-meal exports
Source: Business Line






















