Latest news with #BhartiAirtelLimited
Business Insider
3 days ago
- Business
- Business Insider
Bharti Airtel Limited (BHARTIARTL) Gets a Buy from Jefferies
In a report released today, Akshat Agarwal from Jefferies maintained a Buy rating on Bharti Airtel Limited (BHARTIARTL – Research Report), with a price target of INR2,370.00. The company's shares closed today at INR1,856.20. Confident Investing Starts Here: Agarwal covers the Technology sector, focusing on stocks such as Coforge Limited, Infosys Limited, and HCL Technologies Limited. According to TipRanks, Agarwal has an average return of -4.5% and a 36.73% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bharti Airtel Limited with a INR1,824.29 average price target, representing a -1.72% downside. In a report released on May 16, Citi also maintained a Buy rating on the stock with a INR2,090.00 price target.
Mint
23-04-2025
- Business
- Mint
Bharti Hexacom share price rises to 52-week high on an agreement with a Adani entity
Stock Market Today: Bharti Hexacom share price gained in the intraday trades on the BSE on Wednesday to scale 52 week highs. Bhari Hexacom announced on Tuesday post market hours about an agreement with an Adani entity to acquire 400 MHZ spectrum Bharti Hexacom in its release on the exchanges said that it will acquire 400 MHz spectrum in 26 GHz band from Adani Data Networks Ltd, a subsidiary of Adani Enterprises. As per the deatils on the exchanges the release said that Bharti Airtel Limited and its Subsidiary, Bharti Hexacom Limited have entered into definitive agreements with Adani Data Networks Limited (ADNL), a subsidiary of Adani Enterprises. The definite agreement between Bharti Airtel Limited and its Subsidiary, Bharti Hexacom Limited is for a definitive agreements with Adani Data Networksto acquire rights to use of 400 MHz of spectrum in the 26 GHz band in Gujarat (100 MHz), Mumbai (100 MHz), Andhra Pradesh (50 MHz), Rajasthan (50 MHz), Karnataka (50 MHz) and Tamil Nadu (50 MHz) Bharti Hexacom share price opened at ₹ 1665.95 on the BSE on Wednesday and at the time of opening, the share price of Bharti Hexacom was up 1.5% compared to the previous day's closing price of ₹ 1639.75. Bharti Hexacom share price thereafter gained further to intraday high of ₹ 1695.45, which meant gains of more than 2%. The levels of ₹ 1695.45 for Bharti Hexacom was the highest in last 1 year or 52-weeks. Thus Bharti Hexacom share price scaled 52 week high or 1 year high on the BSE. On the NSe also Bharti Hexacom share price scaled 52 week or 1 year high of ₹ 1697.90. Bharti Hexacom Share price that had saeen 52 week or 1 year lows of RS 854.05 on the BSE in May 2024 , has however almost grow two folds to 52 wek high now. Bharti Hexacom share price has risen more than 20% in last one month and given phenomenal returns to the investors. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary. First Published: 23 Apr 2025, 12:28 PM IST
Hans India
23-04-2025
- Business
- Hans India
Airtel to acquire 400 MHz spectrum in 26 GHz band from Adani Data Networks Limited
New Delhi, April 22, 2025: Bharti Airtel Limited and its Subsidiary, Bharti Hexacom Limited ('Airtel' or 'Company') have entered into definitive agreements with Adani Data Networks Limited (ADNL), a subsidiary of Adani Enterprises to acquire rights to use of 400 MHz of spectrum in the 26 GHz band in Gujarat (100 MHz), Mumbai (100 MHz), Andhra Pradesh (50 MHz), Rajasthan (50 MHz), Karnataka (50 MHz) and Tamil Nadu (50 MHz). The closing of the transaction is subject to satisfaction of the standard conditions (including conditions stated in the Spectrum Trading Guidelines) and statutory approval(s). About Bharti Airtel Limited: Headquartered in India, Airtel is a global communications solutions provider with over 550 million customers in 15 countries across India and Africa. The company also has its presence in Bangladesh and Sri Lanka though its associate entities. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India's largest integrated communications solutions provider and the second largest mobile operator in Africa.
