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Buy Bharti Airtel; target of Rs 910 : Motilal Oswal

Motilal Oswal is bullish on Bharti Airtel recommended buy rating on the stock with a target price of Rs 910 in its research report dated March 28, 2022.

March 28, 2022 / 02:49 PM IST
 
 
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Motilal Oswal's research report on Bharti Airtel

Bharti Airtel (Airtel) hosted an analyst meet underscoring three key things – a) multiple growth engines, b) premiumization and digital shift, moving away from a dumb pipe and c) its network capabilities and 5G preparedness – biting the bullet. Further, there could be monetization/value unlocking opportunities in a few businesses. We certainly believe the stock has multiple levers. The key highlights of the analyst meet are furnished below.

Outlook

Maintain BUY with a TP of INR910, implying 28% potential upside.