Dec 13, 2020 09:35 PM IST

Bharti Infratel gets RoC nod for change of name to Indus Towers post mega merger

The company has initiated due process for final approval from stock exchanges for updating the name change.

Tata Sons buys 0.7% stake in Tata Chemicals, Adani Logistics continues to offload stake in Snowman

Adani Logistics, which held 26 percent equity stake in the company as of September 2020, sold 1.9 percent equity stake in Snowman in three consecutive sessions via open market transactions

Bharti Infratel share price rises 5% on block deal worth Rs 1,647 crore

The share touched its 52-week high Rs 295.75 and 52-week low Rs 121.25 on 02 December, 2019 and 19 March, 2020, respectively.

Neutral Bharti Infratel; target of Rs 210: Motilal Oswal

Motilal Oswal recommended Neutral rating on Bharti Infratel with a target price of Rs 210 in its research report dated October 23, 2020.

Hold Bharti Infratel; target of Rs 220: ICICI Direct

ICICI Direct recommended hold rating on Bharti Infratel with a target price of Rs 220 in its research report dated October 24, 2020.

Buy Bharti Infratel; target of Rs 285: Dolat Capital Market

Dolat Capital Market is bullish on Bharti Infratel has recommended buy rating on the stock with a target price of Rs 285 in its research report dated October 26, 2020.

Sell Bharti Infratel; target of Rs 165: Emkay Global Financial

Emkay Global Financial is bearish on Bharti Infratel has recommended sell rating on the stock with a target price of Rs 165 in its research report dated October 23, 2020.

Bharti Infratel Consolidated September 2020 Net Sales at Rs 1,766.40 crore, up 5.88% Y-o-Y

Bharti Infratel Consolidated September 2020 Net Sales at Rs 1,766.40 crore, up 5.88% Y-o-Y

Bharti Infratel Standalone September 2020 Net Sales at Rs 1,765.90 crore, up 5.93% Y-o-Y

Bharti Infratel Q2 net drops 24% to Rs 733 crore

Consolidated revenue grew by about 2 percent to Rs 3,695 crore during the reported quarter from Rs 3,638 crore earlier, the company said.

Buy Bharti Infratel: target of Rs 245: ICICI Securities

ICICI Securities is bullish on Bharti Infratel recommended buy rating on the stock with a target price of Rs 245 in its research report dated October 05, 2020.

Bharti Infratel share price rises; up 8% in 2 days

Bharti Infratel has informed the exchanges that its Board of Directors discussed, in a meeting held on August 31, the scheme of arrangement with Indus Towers and related agreements, and has decided to proceed with the merger.

Bharti Infratel to proceed with Indus Tower merger, Vodafone to get Rs 4,000 crore for 11.15% holding

This is a basis cash consideration chosen by Vodafone Idea for its 11.15 percent shareholding in Indus, the company said

SBI Life, Divis Labs to replace Bharti Infratel, ZEE in Nifty50

SBI Life would be the second insurance company to enter into Nifty50 after HDFC Life Insurance Company which included in the index from July 31

Hold Bharti Infratel; target of Rs 180: ICICI Direct

ICICI Direct recommended hold rating on Bharti Infratel with a target price of Rs 180 in its research report dated July 29, 2020.

Nifty50 Rejig: Zee Entertainment, Bharti Infratel, GAIL likely to be excluded

If the rejig happens as per expectations, then SBI Life could be the first insurance company to be added to the benchmark index.

Buy Bharti Infratel; target of Rs 251: Dolat Capital

Dolat Capital is bullish on Bharti Infratel has recommended buy rating on the stock with a target price of Rs 251 in its research report dated July 28, 2020.

Sell Bharti Infratel; target of Rs 153: Emkay Global Financial

Emkay Global Financial is bearish on Bharti Infratel has recommended sell rating on the stock with a target price of Rs 153 in its research report dated July 28, 2020.

Neutral Bharti Infratel ; target of Rs 210: Motilal Oswal

Motilal Oswal recommended Neutral rating on Bharti Infratel with a target price of Rs 210 in its research report dated July 28, 2020.

What should investors do with Bharti Infratel post Q1 numbers - buy, sell or hold?

The company declared an interim dividend of Rs 2.30 per equity share of Rs 10 each for the financial year 2020-21

Bharti Infratel Consolidated June 2020 Net Sales at Rs 1,635.40 crore, down 5.22% Y-o-Y

Bharti Infratel Standalone June 2020 Net Sales at Rs 1,634.30 crore, down 5.22% Y-o-Y

Bharti Infratel Q1 net profit slumps 21% to Rs 704 crore

The net profit had stood at Rs 887 crore in the corresponding quarter of previous year. The company had benefited from certain one-off gains with respect to operating expenses reversal and certain tax-related reversal.

Bharti Infratel Q1 PAT seen up 12.5% QoQ to Rs. 730.6 cr: ICICI Direct

Net Sales are expected to decrease by 0.7 percent Q-o-Q (down 3 percent Y-o-Y) to Rs. 3,600.2 crore, according to ICICI Direct.