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Buy Bharti Airtel; target of Rs 860: ICICI Direct

ICICI Direct is bullish on Bharti Airtel has recommended buy rating on the stock with a target price of Rs 860 in its research report dated May 19, 2022.

May 20, 2022 / 09:46 PM IST
 
 
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ICICI Direct's research report on Bharti Airtel


Bharti Airtel (Airtel) is India’s second largest telecom operator with ~32.6 crore wireless customers in India and ~12.8 crore subscribers across 14 African countries. It enjoys industry leading ARPU in the wireless business.


Outlook


We maintain our BUY rating. We value Airtel at unchanged target price of Rs 860.


For all recommendations report, click here

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first published: May 20, 2022 09:44 pm
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