Buy Bharti Infratel; target of Rs 423: Axis Direct

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Axis Direct's research report on Bharti Infratel

Bharti Infratel (BHIN) recorded strong tenancies (7K gross) on accelerated ramp-up in data networks by Top 3 incumbents and material benefits from RJio roll-outs for BHIN standalone. Revenue and EBITDA were higher than our estimates but higher tax rate led to lower PAT.

Outlook

Incorporating these risks, our scenario analysis indicates that loss to business value will be Rs 97 per share (at 12% tenancy loss) and Rs 131(at 18% tenancy loss). We take the average of the two (15% tenancy loss) and build in negative effect. Consequently, our DCF value (target price) stands at Rs 423.

For all recommendations, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies 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.

Read More