JM Financial maintains Buy on Bharti Airtel; target price Rs 2050
JM Financial maintains buy call on Bharti Airtel with a revised target price of Rs 2,050 (earlier Rs 2,035). The current market price of Bharti Airtel is Rs 1858.15. The time period given by the analyst is a year when Bharti Airtel price can reach the defined target. Bharti Airtel, incorporated in 1995, is a Large Cap company with a market cap of Rs 1089563.29 crore, operating in the Telecommunications sector.
ADVERTISEMENT Bharti Airtel's key products/revenue segments include Service Revenue and Sale of Products for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 48362.00 crore, up 6.06% from last quarter Total Income of Rs 45599.00 crore and up 27.55 % from last year same quarter Total Income of Rs 37916.00 crore. The company has reported net profit after tax of Rs 12418.10 crore in the latest quarter.
The company's top management includes Mr.Sunil Bharti Mittal, Mr.Gopal Vittal, Ms.Chua Sock Koong, Mr.Tao Yih Arthur Lang, Mr.Rakesh Bharti Mittal, Ms.Nisaba Godrej, Ms.Kimsuka Narasimhan, Mr.Shyamal Mukherjee, Justice(Retd)Arjan Kumar Sikri, Mr.Sunil Bharti Mittal, Mr.Douglas Anderson Baillie, Mr.Gopal Vittal, Ms.Chua Sock Koong, Mr.Tao Yih Arthur Lang, Mr.Rakesh Bharti Mittal, Ms.Nisaba Godrej, Ms.Kimsuka Narasimhan, Mr.Shyamal Mukherjee, Justice(Retd)Arjan Kumar Sikri, Mr.Douglas Anderson Baillie. Company has Deloitte Haskins & Sells LLP as its auditors. As on 31-03-2025, the company has a total of 609 crore shares outstanding.
Promoter/FII Holdings
Promoters held 52.42 per cent stake in the company as of 31-Mar-2025, while FIIs owned 25.41 per cent, DIIs 19.17 per cent.
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Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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