Bhartiairtel

Let's catch up on the latest news from the stock market. From significant investments to major deals, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Market Live: Airtel Rings in mixed Q4; Time to buy? Jubilant Food in focus | US Debt Default Looms

Nifty slipped below the 18,300 mark as selling accelerated in the last hour of trade. Can the bulls regain momentum after a breather? Meanwhile, Bharti Airtel rings in a mixed quarter as margins beat estimates but topline misses expectations amid weakness in India business revenue and ARPU (average revenue per user). JSPL hands in a weak report card for the fourth quarter. We discuss the cues for trade and a whole host of stocks with Shivangi Sarda of Motilal Oswal Financial Services. Meanwhile, US is staring at a possible debt default, how catastrophic would it be for the economy? Peter Cardillo, Chief Market Economist, Spartan Capital decodes. Watch!

Sensex marginally higher, Mid & Smallcap jump 1%; Bharti up 3%

Equity benchmarks gained strength in noon trade with the Nifty inching towards 8150 level, supported by auto, FMCG, oil and telecom stocks. HDFC Bank and Axis Bank turned positive while SBI and ICICI Bank remained under pressure after RBI move.

Bharti rebounds; CLSA bets on strong execution, likely debt fall

CLSA has retained its buy rating on Bharti Airtel with a target price of Rs 410, given its strong execution, potential improvement in balance sheet and with valuations at around 20 percent discount to 3 years EV/EBITDA.

Bharti Infratel gains 3% on likely stake sale by parent company

Bharti Infratel shares gained 3 percent intraday Tuesday after a media report indicated that two big foreign investors are eyeing major stake in the telecom tower infrastructure provider.

Bharti Q2 profit beats estimates at Rs 1461 cr, margin expands

Telecom operator Bharti Airtel's consolidated profit during July-September quarter declined marginally to Rs 1,460.7 crore from Rs 1,462 crore in previous quarter but that was far ahead of analysts' estimates on better-than-expected operational performance.

Bharti Airtel Q2 profit seen down 28%, India volumes may decline

Bharti Airtel, the country's largest telecom operator in terms of subscribers, is expected to report a 28 percent degrowth in July-September quarter profit at Rs 1,050 crore QoQ on forex loss due to Naira devaluation & interest expenses.